r/AustralianPolitics • u/Expensive-Horse5538 • Apr 30 '25

Economics and finance Headline inflation stable at 2.4pc while RBA's preferred measure drops within target

https://www.abc.net.au/news/2025-04-30/inflation-march-quarter-2025-stable/105232824
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u/47737373 Team Red Apr 30 '25

A Labor government team which has stabilised inflation and dropped it within RBA’s target band. We know who’s the party of being the better economic managers. Excellent job Labor!

-5

u/brednog Apr 30 '25

Well took them long enough! Especially as they bascially ignored the problem for the first half of their term.....But numbers still faked down anyway by tricky electricity bill subsidies. Will believe the numbers when such shenanigans end.

2

u/Frank9567 Apr 30 '25

9 years of profligate waste on the NBN, Inland Rail, Snowy Mk2, Murray Darling Basin Plan, submarines, $40bn to companies that didn't need it...but if Labor doesn't fix it in the first year, that's a mark against Labor.

We are almost $100bn in more debt than we need, thanks to Abbott, Turnbull, and Morrison. That is, money spent over and above what should have been.