Economy staggers towards Christmas as Treasurer reveals extent of price spike

Inflation is expected to spike to 7.75 per cent by the end of the year, leapfrogging earlier forecasts by a significant margin, Treasurer Jim Chalmers has warned.

Doctor Gloom: Chalmers tips inflation 'north of 7 per cent' in bleak update on economy

Treasurer Jim Chalmers expects Australia’s inflation rate to exceed seven per cent by year’s end, as he prepares to deliver an economic update.

economic statement

Economy staggers towards Christmas as Treasurer reveals extent of price spike

Doctor Gloom: Chalmers tips inflation 'north of 7 per cent' in bleak update on economy