🇦🇺 Federal Member for Cook
🇦🇺 Shadow Assistant Minister for Finance & to the Leader of the Opposition
✍🏻Authorised by S. Kennedy Liberal Party of Australia
Did you know more than $1 in every $4 in our economy is spent by Jim Chalmers and the Feds? And it’s increasing! Does that change your mind about how we should deal with inflation?
Albanese + Chalmers believe the answer to every problem and opportunity is MORE government. This is why government spending is at a 40+ year high outside of Covid. This contributes to high Inflation and the 4 interest rate rises this year. Do you agree?
Let’s cut the federal budget, not the family budget. Australia has had 4 interest rate rises this year - the only advanced economy to do so. To address inflation we can:
🏠 increase rates on 3+ million Australian households with mortgages OR ✂️Chalmers can cut government spending
After yesterday’s rate rise, just a reminder: interest rates aren’t the only way to reduce demand. Cutting government spending reduces demand too @Jim Chalmers
Can the government “stop helping”? Cut government spending so Australians don’t need to cut theirs! And cutting spending means they can cut taxes as well.