PM warns of inflationary impact and hit to budget from flooding in Victoria, New South Wales and Tasmania
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Prime minister Anthony Albanese is warning of higher grocery prices and resulting inflation in the wake of the devastating floods swamping much of the eastern seaboard, with fears consumers will feel the pinch on fruit, vegetables and meat.
The government says there will be unavoidable cost of living impacts from damage to agricultural land in Victoria, New South Wales and Tasmania.
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Continue reading…PM warns of inflationary impact and hit to budget from flooding in Victoria, New South Wales and TasmaniaFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastPrime minister Anthony Albanese is warning of higher grocery prices and resulting inflation in the wake of the devastating floods swamping much of the eastern seaboard, with fears consumers will feel the pinch on fruit, vegetables and meat.The government says there will be unavoidable cost of living impacts from damage to agricultural land in Victoria, New South Wales and Tasmania.Sign up for our free morning newsletter and afternoon email to get your daily news roundup Continue reading…