The Chalmers graphs: 7.75% inflation, plunging real wages, weak growth
- Written by The Conversation
As he had promised to do almost since the day he became treasurer, Jim Chalmers has presented a gloomy set of forecasts for the Australian economy in his first formal economic statement to the new parliament on Thursday.
Inflation is now forecast to peak at 7.75% in the December quarter of this year.
That’s higher than the Reserve Bank’s...
Read more: The Chalmers graphs: 7.75% inflation, plunging real wages, weak growth
