Perin Davey calls on govt to show ‘restraint’ and ‘reduce’ inflationary pressures

Shadow Water Minister Perin Davey has called on the government to show “restraint” in its budget and “actually reduce” inflationary pressures in the economy. Next week’s federal budget will include a $25 billion improvement in tax collections over four years. Treasurer Jim Chalmers will hand down the budget on Tuesday, May 14. “We need to see restraint,” Ms Davey told Sky News Australia. “We need to see moves that will actually reduce the inflationary pressures. “We need to reduce red tape. “We need to incentivise private enterprise because that’s the way to get out of the situation we are currently in.”