Shadow Treasurer Ted O'Brien warned that relentless government spending is driving inflation up, crushing hopes for an interest rate cut and costing the average mortgage holder an extra $1,800 a month. 

He argued that surging electricity prices, up 9% in one quarter, are a major factor and a sign that Australia is becoming "poorer, weaker, and more dependent."

Shadow Treasurer Ted O'Brien warned that relentless government spending is driving inflation up, crushing hopes for an interest rate cut and costing the average mortgage holder an extra $1,800 a month. 
He argued that surging electricity prices, up 9% in one quarter, are a major factor and a sign that Australia is becoming "poorer, weaker, and more dependent."

4BC Drive, live every weekday afternoon. With the latest news, 4BC will keep you updated on your drive home.

4BC Drive, live every weekday afternoon. With the latest news, 4BC will keep you updated on your drive home.

4BC Drive

4BC Drive with Carla Bignasca

Ted O'Brien reveals his stance on Energy Policy and Nuclear Power

https://api.omny.fm/orgs/88b564ea-a9a6-4751-910a-a5d800019396/clips/7bdc6818-b91f-43b5-bf71-b38600609327/transcript