Today’s numbers reflect a ‘softening of growth’ in the economy

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Treasurer Jim Chalmers says the numbers seen today reflect the “softening of growth” in the economy in “entirely expected ways”.

Treasurer Jim Chalmers says the numbers seen today reflect the “softening of growth” in the economy in “entirely expected ways”. “The numbers we see today are consistent with the budget forecast that I put out a month or so ago,” Mr Chalmers told Sky News Australia.

 

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Government’s mission is to invest in a more ‘productive economy’: ChalmersTreasurer Jim Chalmers says the government’s mission is to invest in a more “productive economy” by adopting technology and doing the “right thing” in energy markets. “A big part of the budget was our productivity and growth agenda, focused on technology, on energy and on skills, and those are the sorts of investments which can turn around our subpar productivity performance over the best part of the last decade,” Mr Chalmers said. “One of the government’s missions really is to invest in a more productive economy, not by trying to make sure people work longer for less but to work out ways we can be more productive by adopting technology, doing the right thing in our energy markets and making sure people have the right skills to prosper.”
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