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Hot Topic Reporting season
Australia
3 mins to read

Budget forecast ‘entirely plausible’ but there is now more risk

Big Banks and financial firms have weighed in on Australia’s Budget: most believe it’s made the RBA’s job harder.

Illustration: Michael Hickmott.

Dan Purves Thu, 16 May 2024

A first pass at the Budget from leading financial institutions indicates that the Australian Treasurer may have threaded the needle in providing some cost-of-living relief while at the same time not increasing inflation to enough of a degree to warrant a change of strategy at the Reserve Bank of

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Dan Purves Thu, 16 May 2024
Contact the Writer: dpurves@nbr.co.nz
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Budget forecast ‘entirely plausible’ but there is now more risk
Australia,
104066
true