This week, the prime minister, Anthony Albanese, mentioned he wouldn’t be pushing for funds for households to cope with the rising prices of power, groceries and different monetary pressures, as a result of to take action would danger additional inflation.
The straightforward possibility would have been for us to funnel these financial savings straight right into a cash-splash, a one-off giveaway to purchase a headline. Low-cost politics and massively costly economics.
Not simply due to the greenback price. Not simply because that’s precisely the form of…