Australians are being told to expect much higher cost of living for some time to come, with inflation peaking above 7 per cent by the end of this year.
Federal Treasurer Jim Chalmers has delivered the news during his first economic update to Parliament
.
Shaun Bindley report.
IN: Dr Chalmers says…
OUT: SOC
DUR: 48 secs
POC: 36 secs
GENERIC: http://fsnradionews.com/feeds/0728inflation-sb-gen.mp3
COURTESY AIR NEWS MEDIA - AUSTRALIA