Treasurer downplays chance of cost-of-living relief amid surging debt | ABC NEWS
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The Treasurer has talked down the prospect of cost of living relief in December's budget update, instead promising more savings. However he warned war in the Middle East will continue to put pressure on the economy. It comes after a bruising week for Labor, as critics blame government spending for rising inflation and interest rates. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2026-10-04/jim-chalmers-treasurer-cost-of-living-relief-budget-inflation/107226568 Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia
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