Chalmers recognises cost of living burden

By Kaaren Morrissey
Updated July 27 2022 - 2:53pm, first published 2:48pm
Treasurer Jim Chalmers says a rise in inflation is not surprising, and warns of tougher times ahead. (Lukas Coch/AAP PHOTOS)
Treasurer Jim Chalmers says a rise in inflation is not surprising, and warns of tougher times ahead. (Lukas Coch/AAP PHOTOS)

Inflation is likely to get worse before it gets better, prolonging the cost of living burden for debt-heavy and low-income households.

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