Smelter gets $200m bailout, while Labor premiers call for spending restraint | ABC NEWS
Community Score: 50% | 293 views | 2w
0 community ratings: null thumbs up, null thumbs down
The federal government is fielding free advice on the economy as Labor premiers call for spending restraint amid rising inflation and interest rates. Meanwhile, the prime minister was in Tasmania to announce a federal bailout for the state's aluminium smelter. Political reporter Sara Tomevska explains. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2026-10-01/interest-rate-rise-inflation-albanese-free-advice-minns/107207464 Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia
Tags: Australia, abc, abc news, news, politics, australian politics, chris minns, anthony albanese, inflation, government spending, government spending and inflation, rio tinto, bell bay aluminium, australia news, australian news, tasmania, tasmania news
More from ABC News (Australia)
- The biggest market sell-off since 'Liberation Day' | The Business | ABC NEWS — Score: 50%
- Designer Katie Perry wins trademark case against pop star | ABC NEWS — Score: 50%
- A look around the NT as residents deal with flooding emergency | ABC NEWS — Score: 50%
- Bundaberg homes inundated after Burnett River peaks | ABC News — Score: 50%
- Reindeer races in Finland draw international crowds | The World | ABC NEWS — Score: 50%
- Grave fears for Iranian footballers after Australia asylum saga | The World | ABC News — Score: 50%