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Australia’s economy is hooked on bloated public spending

January 2, 2025 - 08:00 -- Admin

Former Treasurer Peter Costello lashed the Albanese government’s financial management, claiming that the failure to control spending had put upward pressure on inflation and interest rates, worsened the cost of living crisis, and eroded the economy’s competitiveness and productivity. “What’s happening in Australia is that tax per capita is rising and spending per capita is

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