The budget just announced is “challenging”

Economist Chris Richardson says the government’s new budget is “challenging”.

“In fact, the Treasurer and the Treasury have gone out of their way to say that Australia has two really big and difficult problems, one on gas prices which is about to make the Australian economy a big hit, one on NDIS”, Richardson told Sky News Australia.

“Take the gas prices, you will go up incredibly fast.

“This is key to keeping inflation longer, which is key to keeping interest rates higher for longer, which is part of what slows the economy and adds the extra 150,000 people to the ranks of the unemployed. the treasure foresees. “