Some economists argue the federal budget could add to inflation and lead to further interest rate rises.
The dust has settled on the first budget surplus in 15 years – and experts are now handing in their report cards on Jim Chalmers' second set of national numbers. Is it inflationary? Should the government be commended for the turnaround of the century? And will it make the Reserve Bank's job even harder?
We put these questions and more to economists Chris Richardson and Steven Hamilton.
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The dust has settled on the first budget surplus in 15 years – and experts are now handing in their report cards on Jim Chalmers' second set of national numbers. Is it inflationary? Should the government be commended for the turnaround of the century? And will it make the Reserve Bank's job even harder?
We put these questions and more to economists Chris Richardson and Steven Hamilton.
Subscribe: http://ab.co/1svxLVE Read more here: https://ab.co/41qtlpU
ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation.
For more from ABC News, click here: https://ab.co/2kxYCZY
Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1
Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
Like ABC News on Facebook: http://facebook.com/abcnews.au
Follow ABC News on Instagram: http://instagram.com/abcnews_au
Follow ABC News on Twitter: http://twitter.com/abcnews
Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia
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