Government faces pressure to cut spending amid rate rises | Sunrise

By Sunrise

Community Score: 50% | 10.3K views | 2w

0 community ratings: null thumbs up, null thumbs down

The Australian government is examining spending cuts for the December budget update amid mounting pressure over interest rate rises and inflation. Reserve Bank Governor Michelle Bullock has intensified calls for government spending restraint, while federal and state leaders debate how to balance cost-of-living relief with fiscal responsibility. Get the latest news » https://7news.com.au 7Plus » https://7plus.com.au/ More from Sunrise » https://sunrise.com.au Subscribe to Sunrise » https://7news.link/SunriseSubscribe Subscribe to the Sunrise newsletter » http://7sunrise.link/Newsletter Connect with Sunrise online: Facebook » https://www.facebook.com/Sunrise Instagram » https://www.instagram.com/sunriseon7/ TikTok » https://www.tiktok.com/@sunriseon7 X » https://x.com/sunriseon7 #SunriseOn7 #7NEWS

Tags: 7NEWS Australia, 7newsaustralia, AustralianPolitics, CostOfLiving, GovernmentSpending, Inflation, InterestRates, Sunrise, The Morning Show, australia, celebrity news, channel 7, entertainment, entertainment news, latest news, latest news today, news australia, seven news

More from Sunrise

  • Renters report sharp increases despite budget predictions | Sunrise — Score: 50%
  • Waiheke Island's wine and adventure paradise | The Morning Show — Score: 50%
  • Sweet potato brownies with a healthy twist | The Morning Show — Score: 50%
  • Divers trapped in Maldives sea cave tragedy | Sunrise — Score: 50%
  • Teen transforms abandoned farm into viral hangout paradise | The Morning Show — Score: 50%
  • Cher's iconic hit turns heads at 80 | The Morning Show — Score: 50%