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Liberal MP Andrew Hastie calls inflation 'silent tax', urges spending cuts

Liberal MP Andrew Hastie calls inflation 'silent tax', urges spending cuts

By Karim Hammam

Liberal MP Andrew Hastie has warned Australians to be “very concerned” about the prospect of another interest rate rise, describing inflation as a “silent tax that is eating away at people’s wealth.”

Speaking on ABC Radio National, Hastie said the best thing the government could do to address the problem was to cut spending and manage its finances.

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