‘Perilous path’: Treasurer warns ‘no tip-toeing’ around economic pressures

Treasurer Jim Chalmers has declared a “perilous path” is facing Australians, saying there’s no “tip-toeing” around the cost-of-living pressures in the country.

Mr Chalmers said Australians know progress begins by facing “hard realities” and “hard truths”.

“This time of great challenge for our country is also a time of great opportunity,” he said.

“The world economy is treading a precarious and perilous path.”