Australia's budget faces inflation and weak retail market concerns before its release.

In the lead-up to Australia's budget, concerns over inflation and a weak retail market are pressing. Retail turnover has hit a record low, with Super Retail, Baby Bunting, and JB Hi-Fi experiencing share price drops. Inflation, both in the US and Australia, is proving stickier than expected. As Australia's Chalmers faces conflicting forces, the question arises: is being too risk-averse a risk worth taking, particularly for Anthony Albanese?

May 12, 2024
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