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The government can’t spend its way out of this one

The Australian Financial Review (AFR) •
November 03, 2026 • 07:53 AM
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December’s savings package will have all the impact of trying to beat back a paddock blaze with a wet wheat bag.

The government can’t spend its way out of this one

One of Anthony Albanese’s more rubbery rules is that he never comments on domestic matters when abroad.

He’s broken it before when it suited him, but there was no more egregious example than overnight on Monday, when he launched a pre-emptive defence of Tuesday’s rate rise all the way from the Caribbean.

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