These rate hikes will hit harder than 2023, and the PM can't spend his way out of it

Contributing sentiments towards policy:

59% : Government spending is at record levels and the tax take is nearly the highest on record outside the mining boom of the early noughties.
55% : Last term, Albanese got the ascendancy over Dutton with a series of crowd-pleasers including an $8.5 billion expansion of Medicare, a $16 billion cut to student debt, and giving all first home buyers access to 5 per cent deposits.
51% : Voters were complaining about the cost of living crisis post-pandemic, when the COVID stimulus was still sloshing around the economy and helping people tread water.

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