25 Jan 2024

Council of Trade Unions urges Govt to not cut spending to reduce inflation

From Morning Report, 6:44 am on 25 January 2024

The Council of Trade Unions is urging the Government not to cut public spending to reduce inflation.

Annual inflation increased by 4.7 percent last year, down from 5.6 percent the previous year.

Trade unions say government support is needed for middle and low-income families, not spending cuts, which could harm the economy.

Council of Trade Unions economist Craig Renney spoke to Corin Dann.