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Chalmers, Bullock grapple with a home-grown debacle

The Australian Financial Review (AFR) •
November 03, 2026 • 06:34 AM
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The treasurer and the RBA governor are telling very different stories on inflation. The latest rise in interest rates will test the reputations of both.

Chalmers, Bullock grapple with a home-grown debacle

Jim Chalmers’ plausible, conversational style was always one of his greatest political strengths. It’s now become his key vulnerability as treasurer.

Being a “good communicator” no longer works when the fundamental message is unpersuasive or downright contradictory. Words untethered to the economic reality facing households and businesses become devoid of policy weight, floating into irrelevance or, worse, voter anger.

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Same Story from Other Publications

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The Age
1w ago
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Sydney Morning Herald (SMH)
1w ago
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ABC News Australia
1w ago
Australian banks lift interest rates

Australian banks lift interest rates

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RealEstate.com.au News
5d ago
Melbourne auction clearance rate hits 60 per cent despite RBA rate rise - realestate.com.au

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Preliminary data from Melbourne’s auction market has shown an unexpected response from homebuyers to an interest rate hike.

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SBS News Australia
1w ago
Is government spending boosting inflation? | SBS Explained

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The RBA's latest interest rate decision has ignited debate about the role of government spending in soaring inflation.

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