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Katy Gallagher teases more cost of living relief after rate cut as budget and election loom

With the 2025 federal election fast approaching one of the biggest questions is how the government plans on managing the economy and who has the keys to turning Australia’s financial situation around.

Minister for Finance Katy Gallagher told Peter Fegan on 4BC Breakfast, “One of our key challenges, because inflation was rising when we came to government, was how do we get it under control whilst providing cost of living help without adding to inflation?”

“So, you can’t just chuck money out the door because that would have an inflationary impact, but we could do things like we’ve tried to do with energy bill relief, with investments in Medicare and childcare and medicines, so that it’s sort of a more controlled way of helping people.”

The job isn’t done, there’s more to do,” Minister Gallagher said.

Hear more highlights from Peter Fegan below: 

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Peter Fegan
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