Relief from soaring power bills, greater access to bulk billed GP visits, and higher welfare payments — they're the key measures in the Albanese government's cost of living package unveiled in the federal budget. Subscribe: http://ab.co/1svxLVE
But despite the billions spent, many will miss out. And there are concerns the spending will further stoke stubbornly high inflation, leading to more interest rate hikes.
Political reporter Kamin Gock has the story.
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But despite the billions spent, many will miss out. And there are concerns the spending will further stoke stubbornly high inflation, leading to more interest rate hikes.
Political reporter Kamin Gock has the story.
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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