{"id":607626,"date":"2026-04-15T03:35:10","date_gmt":"2026-04-15T03:35:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/607626\/"},"modified":"2026-04-15T03:35:10","modified_gmt":"2026-04-15T03:35:10","slug":"treasurer-jim-chalmers-defends-cost-of-living-relief-amid-imf-inflation-warning","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/607626\/","title":{"rendered":"Treasurer Jim Chalmers defends cost-of-living relief amid IMF inflation warning"},"content":{"rendered":"<p>Treasurer Jim Chalmers has defended the Albanese government\u2019s cost-of-living relief as responsible despite warnings from the International Monetary Fund that it could fuel inflation, and said the budget will include savings to help tame the resurgence of inflation in Australia.<\/p>\n<p>In its updated World Economic Outlook released on Tuesday night, the IMF warned that the global economy could fall into its<a href=\"https:\/\/www.afr.com\/policy\/economy\/rba-warns-of-high-inflation-low-growth-nightmare-20260414-p5znou\" rel=\"nofollow noopener\" target=\"_blank\"> third recession this century<\/a> if oil prices remain elevated due to the closure of the Strait of Hormuz, through which one-fifth of the world\u2019s oil passes.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"Treasurer Jim Chalmers has defended the Albanese government\u2019s cost-of-living relief as responsible despite warnings from the International Monetary&hellip;\n","protected":false},"author":2,"featured_media":607627,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-607626","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/607626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=607626"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/607626\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/607627"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=607626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=607626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=607626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}