Jul 8, 2026 – 11.00pmOpposition Leader Angus Taylor will use a swath of negative economic data to attack Labor’s economic management and accuse it of having a big government agenda that is dragging down living standards and hammering real wages.The attack comes after the International Monetary Fund downgraded its outlook for Australia’s economic growth this year, and Reserve Bank of Australia chief economist Sarah Hunter warned that the nation might need a period of “high unemployment” to tame high inflation.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Labor’s ‘big government’ hammering living standards, says Taylor
The IMF has downgraded its outlook for Australia’s economic growth, and the RBA warns that a period of “high unemployment” might be needed to tame high inflation.
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