Financial Digest

‘Recession by Christmas’: Dutton’s grave warning about tanking Aussie economy

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Election News

Anthony Albanese,Peter Dutton,Cpi

Opposition Leader Peter has sounded the alarm on the poor economic conditions that could lead Labor to call an early election as the government seeks to cash in on its cost-of-living relief measures.

'Recession by Christmas': Peter Dutton warns of dire economic circumstances that could push Labor to an early election

Alongside concerns over the Prime Minister's attendance at the summit, the Opposition Leader flagged Labor could jump to an early election to capitalise upon short-term cost-of-living reliefs. "There's a chance that interest rates go up by another 25 or 50 points or another half a percent. I can hear the Treasury Secretary saying to the Prime minister, 'Look, we could be in a recession by Christmas'."

Mr Dutton believes the Prime Minister could call an early election amid a dire economic outlook. Picture: NewsWire / Martin Ollman In a letter to Mr Albanese, the Kooyong MP requested the Prime Minister send Aussies back to the polls to settle the debate over Australia's energy policy this year.

 

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