‘Serious consequences’: Paul Murray on Australia’s inflation jump

Sky News host Paul Murray says inflation going up has “serious consequences” for Australia.

Monthly inflation has risen to four per cent from 3.6 per cent.

“We’ve been told by the Prime Minister and the Treasurer when they were putting together and selling their federal budget that the decisions they were announcing at the start of May were going to have little to no, in fact, the opposite effect on inflation,” Mr Murray said.

‘Serious consequences’: Paul Murray on Australia’s inflation jump