Albanese concedes savings needed as he faces internal Labor pressure on cost-of-living crisis

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Albanese concedes savings needed as he faces internal Labor pressure on cost-of-living crisis #936771 Thu 29 Oct 2026 07:31:AM
Joined: Feb 2001 Posts: 678,977 Los Angeles, USA Webmaster Launch Director
Webmaster Launch Director Joined: Feb 2001 Posts: 678,977 Los Angeles, USA	Albanese concedes savings needed as he faces internal Labor pressure on cost-of-living crisis Prime minister vows not to slash health and education funding amid political problem over handling of economy Get our daily political email, free app or daily news podcast Anthony Albanese has ruled out major cuts to health, education and essential services in December’s mid-year budget update, but conceded savings are required as Labor struggles to curb accelerating inflation. Amid growing pressure from within Labor’s own ranks, as well as from the opposition and business, Albanese said the Coalition was hypocritical in not supporting existing savings proposals, including the government’s plan to reduce the private health insurance rebate for people over 65. Continue reading... https://www.theguardian.com/australia-news/2026/oct/29/albanese-concedes-savings-needed-as-he-faces-internal-labor-pressure-on-cost-of-living-crisis