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4 October 2026

Treasurer downplays chance of cost-of-living relief amid surging debt

Downunder Voices Newsroom

Source reporting: abc.net.au

Treasurer downplays chance of cost-of-living relief amid surging debt

It seems unlikely households will get cost-of-living relief this year after Treasurer Jim Chalmers revealed the government is looking to "tighten" the budget as borrowing costs boom.

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Downunder Voices provides an independently written summary and community perspective based on information published by the original source. The original publisher remains responsible for its reporting.

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