Why Labor's doom and gloom about 殺到するing インフレーション could 弱める the economy and put your 職業 in danger

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Labor's 悲観的な トン about '急上昇するing' インフレーション could 潜在的に 弱める the economy if it made worried 消費者s spend いっそう少なく.

In his first week as a new treasurer, Jim Chalmers 非難するd his 前任者s for the worst cost of living 危機 in two １０年間s.

後継の 政府s typically 始める，決める out to trash the 評判 of their political 対抗者s by 転換ing 非難する and downplaying their successes.

With only a 明らかにする 大多数, Labor wants 投票者s to think いっそう少なく of the 自由主義の Party - which is 伝統的に more 信用d to manage the economy.

Westpac 経済学者s are 推定する／予想するing the Reserve of Australia to raise 利益／興味 率s five more times by Christmas, followed by another two 増加するs next year.

Labor's 悲観的な トン about 急に上がるing インフレーション could 潜在的に 弱める the economy if it makes worried 消費者s spend いっそう少なく. In his first week as a new treasurer, Jim Chalmers 非難するd his 前任者s for the worst cost of living 危機 in two １０年間s

For borrowers with a typical $600,000 mortgage - who often live in outer-郊外の ごくわずかの seats - that would mean a $460 殺到する in 月毎の mortgage 返済s by Melbourne Cup Day in November.?

A 5.1 per cent headline インフレーション 殺到する in the year to March was the worst since 2001 and at a level 井戸／弁護士席 above the RBA's 2 to 3 per cent 的, as a result of 全世界の 供給（する） chain 圧力s and $2 a litre 石油 prices.

A 141 per cent 年次の 殺到する in 卸売 electricity prices also means 法案s could 二塁打 from July.

Dr Chalmers, who was a 上級の 政策 助言者 to former Labor treasurer Wayne Swan during the 全世界の 財政上の 危機 in 2008, 強調d cost of living 圧力s in his first major マスコミ 会議／協議会 as a 上級の 閣僚 大臣.

'This perfect 嵐／襲撃する of energy price spikes is doing enormous 損失 to our 雇用者s, to our 世帯s and to our 国家の economy,' he said.

He also used the word 'challenge' 21 times.

'There are far more troubling 面s in our economy: 急上昇するing インフレーション is a big challenge,' Dr Chalmers said.

経済学者 Saul Eslake, the 主要な／長／主犯 of Corinna 経済的な （a）忠告の／（n）警報, said nervous 消費者s listening to Dr Chalmers could 潜在的に 削減（する） 支援する on their spending.

'He didn't have to worry about that when he was 影をつくる／尾行する treasurer, he didn't have to worry about that in 対立,'? he told Daily Mail Australia.

'Now that he's treasurer, he needs to be conscious that his words carry greater 負わせる.'

Mr Eslake said the new treasurer had a delicate balancing 行為／法令／行動する between explaining 経済的な reality without making 消費者s fearful about a 後退，不況 or a 減産／沈滞.

Dr Chalmers, who was a 上級の 政策 助言者 to former Labor treasurer Wayne Swan during the 全世界の 財政上の 危機 in 2008, 強調d cost of living 圧力s in his first major マスコミ 会議／協議会 as a 上級の 閣僚 大臣 (pictured is a Coles supermarket in Sydney)

'He has to be careful, he has to draw a balance, walk a 罰金 line between 存在 honest and 現実主義の about the 見通し as he sees it and not unduly 脅すing people,' he said.

'You could - I'm not 説 the treasurer is - bring on what you 恐れる; if you 恐れる that there might be a sharp or abrupt 減産／沈滞 in the economy for some 推論する／理由, 特に if you're the treasurer or the 知事 of the Reserve Bank, then you could induce that.'?

But Griffith University politics lecturer Dr Paul Williams said the typical 投票者 didn't 非難する either 味方する of politics for high インフレーション, 受託するing it was a 全世界の problem.

'There's a 限界 to what this 政府 can 非難する on the previous 政府,' he told Daily Mail Australia.

Dr Williams said 投票者s regarded インフレーション as a problem where 政府s of either 味方する were '極端に 限られた／立憲的な' in what they could do in 演説（する）／住所ing direct cost of living 問題／発行するs.

'Neither party, やめる rightly, 申し込む／申し出d, foolishly or wrongly or 誤って 申し込む／申し出d any sort of 保険 that インフレーション would get better under their watch,' he said.

'Talking 負かす／撃墜する the 自由主義のs for 存在 責任がある インフレーション is not going to lower 信用 in 政府.'

In 強調ing インフレーション, Dr Chalmers said very little about 失業 in April 落ちるing to just 3.9 per cent - the lowest level since 1974 - during the 連合's last 十分な month in 力／強力にする.

'We've got a tight 労働 market,' he said.

His Wednesday マスコミ 会議／協議会 同時に起こる／一致するd with new Australian Bureau of 統計（学） 国家の accounts data showing a 0.8 per cent 拡大 in 甚だしい／１２ダース 国内の 製品 in the March ４半期/4分の1.

This was much 女性 than the 3.6 per cent growth 殺到する in the final three mo nths of 2021 but those December ４半期/4分の1 人物／姿／数字s followed the end of lockdowns in Sydney and Melbourne.?

The 3.3 per cent 年次の growth pace in March was still 比較して strong by historical 基準s but Dr Chalmers 焦点（を合わせる）d his political spin on how the 年４回の 増加する was 'a 女性 始める，決める of 人物／姿／数字s than our 前任者s and the 財務省 心配するd at 予算 time'.

A 5.1 per cent headline インフレーション 殺到する in the year to March was the worst since 2001 and at a level 井戸／弁護士席 above the RBA's two to three per cent 的 as a result of 全世界の 供給（する） chain 圧力s and $2 a litre 石油 prices (Sydney BP service 駅／配置する pictured)

The 国家の accounts data also showed 貯金 割合 of just 11.4 per cent, 負かす／撃墜する from 23.7 per cent in 2020 during the 国家の lockdowns.

小売 sales have rose by 9.6 per cent in the year to April, the Australian Bureau of 統計（学） also 明らかにする／漏らすd this week.

Mr Eslake said this 論証するd that most Australians - apart from 最小限 行う earners and pensioners - had built up 適する 貯金 since 早期に 2020 to keep spending or have a 衝撃を和らげるもの to 対処する with several 利益／興味 率 rises.

'Australian 世帯s have やめる a bit of saving that they can 落ちる 支援する on,' he said.

Rising 利益／興味 率s are a problem not just for home borrowers, but also the 政府 as 甚だしい／１２ダース 負債 approaches $1 一兆 as a result of Covid 刺激 対策.

'It's certainly true that インフレーション has その上の to rise, it's also true that 給料 aren't keeping pace with インフレーション, it's true that 利益／興味 率s have その上の to rise,' Mr Eslake said.

Within the next １０年間, that could mean 税金 増加するs to 基金 the costs of servicing 政府 負債 to 基金 programs like Defence, 老年の care and the 国家の Disability 保険 計画／陰謀.

Electricity prices are also 始める，決める to rise with the Australian Energy Market 操作者 公式文書，認めるing 卸売物価s had more than 二塁打d to $87 in the March ４半期/4分の1 - rising by 141 per cent in a year

'At some point that is not in the next three years, but is probably in the next 10 years, 政府s will have to find 付加 歳入 from somewhere not so much to 支払う／賃金 off the 負債, what 事柄s is whether you can 吸収する the 利益／興味 支払い（額）s,' Mr Eslake said.

In talking 負かす／撃墜する the economy for political 目的s, Labor runs the 危険 of 弱めるing 消費者 感情, which in turn leads to いっそう少なく spending in the economy and 結局 a rise in 失業 as 商売／仕事s take on より小数の staff.

The Westpac-Melbourne 学校／設ける's 月毎の reading for May produced a reading of 90.4 points - a level 井戸／弁護士席 below the 100 level where 楽天主義者s より数が多い 悲観論者s.

This was also the worst level since August 2020 when Melbourne's second wave lockdowns, in Australia's second biggest city, unnerved 消費者s.

The prospect of more 利益／興味 率 rises, as a result of high インフレーション, could 弱める 消費者 感情 even more, as a new Labor treasurer keeps talking about the mess he 相続するd from his 自由主義の 前任者, Josh Frydenberg.

'消費者s have become more 暗い／優うつな both about their 財政上の 状況／情勢 and about the short and longer-称する，呼ぶ／期間／用語 経済的な 見通し,' Mr Eslake s 援助（する）.?