Latest News

• Add My News • Search Old News

Gippsland › Latest news › Darren Chester MP

Gippsland families face rising cost pressures as Nationals criticise Labor government over interest rates, spending and inflation

The Nationals say rising interest rates are increasing pressure on Gippsland families, criticising Labor’s spending and inflation while outlining plans for budget discipline, tax cuts and productivity.

By news@gippsland - 7th October 2026 - Back to News

This month’s interest rate rise will put even more pressure on Gippsland families already struggling with the cost of living. For many households, the first thing they will have done after the decision was sit around the kitchen table and work out what another increase means for their family budget.

The Nationals propose spending limits, budget discipline, tax cuts, small business support and reduced red tape to boost productivity without increasing inflation

The Nationals propose spending limits, budget discipline, tax cuts, small business support and reduced red tape to boost productivity without increasing inflation

Nationals economic plan

Since Labor was elected, Australians have endured 16 increases in the cash rate. It now stands at 4.6 per cent, its highest level in 15 years. Renters are feeling the pressure too, while higher borrowing costs are making the dream of home ownership even harder for young Gippslanders. Labor wants to blame global events, but you can’t be unlucky 16 times.

Families and small businesses are being forced to make difficult decisions about their own budgets, and governments should show the same discipline. Under Labor, spending as a share of the economy is the highest it has been in 40 years, and Australia’s inflation rate is now higher than any major advanced economy.

It does not have to be this way. The Nationals have a plan. We will put a speed limit on spending and restore budget discipline, cut taxes, back small business and reduce red tape to lift productivity and grow the economy without fuelling inflation.

Pictures from Darren Chester MP website.


Source: http://gippsland.com/

Published by: news@gippsland.com



Edit this news article




Related Articles

 

 

 

 

 

 

 

Baw Baw Bass Coast Cardinia East Gippsland Latrobe City South Gippsland Wellington
© 2001-2026 gippsland.com Print this page | Subscribe to Newsletter | Feedback / Inquiries | Login
Care has been taken in compiling the component parts of this website. However, Gippsland.com does not warrant or represent that the website is free from errors or omissions, that the qualifications claimed by an advertiser are valid or that the published details of any advertiser are as stated on the website. Please review the full statement of our Terms and Conditions of Service and disclaimer.