{"id":283828,"date":"2026-02-10T12:19:08","date_gmt":"2026-02-10T12:19:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/283828\/"},"modified":"2026-02-10T12:19:08","modified_gmt":"2026-02-10T12:19:08","slug":"how-australian-government-spending-and-public-demand-is-driving-inflation-and-impacting-interest-rates","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/283828\/","title":{"rendered":"How Australian government spending and public demand is driving inflation and impacting interest rates"},"content":{"rendered":"<p>The link between government spending and inflation is the economic topic on everyone\u2019s lips at the moment. <a href=\"https:\/\/www.afr.com\/policy\/economy\/chalmers-inflation-claims-questioned-over-excluded-spending-figures-20260210-p5o10b\" rel=\"nofollow noopener\" target=\"_blank\">Treasurer Jim Chalmers is playing it down<\/a>, but the opposition is pushing back hard. Reserve Bank of Australia governor Michele Bullock, meanwhile, is trying her best to stay out of it.<\/p>\n<p>The debate has mostly centred around the impact that record-high government spending is having on inflation and interest rates, after the RBA lifted the cash rate for the first time in two years last week.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"The link between government spending and inflation is the economic topic on everyone\u2019s lips at the moment. Treasurer&hellip;\n","protected":false},"author":2,"featured_media":283829,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,184,85,46],"class_list":["post-283828","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/283828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=283828"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/283828\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/283829"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=283828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=283828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=283828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}