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Federal Budget next week needs to tread a fine line

Reserve Bank of Australia Governor Philip Lowe Source: AAP / MATT JELONEK/AAPIMAGE
With the Reserve Bank Board raising the cash rate again by 0.25 per cent, signalling inflation is not going down enough, Treasurer Jim Chalmers faces a difficult job in the Federal Budget next week. He'll have to avoid adding to inflation, while still delivering cost-of-living relief.
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