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Treasurer says ‘peak of inflation is now in the rear-view mirror’. Follow the day’s news live
Good morning, and welcome back to a new week on the Australia news live blog. I’m Emily Wind, and I’ll be taking you through our rolling coverage this Monday.
The treasurer, Jim Chalmers, has said that “the worst is behind us” when it comes to inflation. Speaking on 7News’ Spotlight program last night, he said:
When it comes to inflation specifically, the worst is behind us … The peak in inflation is now in the rear-view mirror and we’re not complacent about that, we’re cautious about that, but we are confident that having been through a very difficult time together, better days are ahead.
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