Government updates economic forecast - and it's not good news

Shadow Treasurer Angus Taylor replies to Treasurer Jim Chalmers budget update in the House of Representatives at Parliament House in Canberra, Thursday, July 28, 2022. (AAP Image/Mick Tsikas) NO ARCHIVING Source: AAP / MICK TSIKAS/AAPIMAGE
The Treasurer has released an updated economic forecast with inflation expected to be worse than previously thought, as households already struggle to pay the bills.
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