Treasurer Jim Chalmers will launch Labor’s look at the shifting economy in Adelaide, promising nine new policy initiatives.
Labor will spend $40 million to increase the share of Australians working in areas of high need for the national economy, expanding TAFE training in emissions reductions, the care sector and digitisation.in Adelaide on Monday, Treasure Jim Chalmers said he would fast-track funding for up to six new TAFE centres of excellence, set to be included in the new five-year National Skills Agreement with the states.
“What Michele Bullock was saying was that the Reserve Bank and indeed the Treasury expects unemployment to rise a little bit as a consequence of what’s happening in the world and what’s happened with interest rates, and that unemployment will rise a little bit in our expectation as inflation moderates in our economy,” he told Sky television.
“The government seems obsessed with not being seen to be in conflict with the RBA, which has clearly signalled unemployment needs to rise,” he said.
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