Chalmers says latest Treasury modeling shows Australia's inflation could reach 5%, as national cabinet meets on fuel

Labor will point the finger at fuel to explain rising inflation and yes, fuel plays a big role.

But here’s the part they won’t admit.

Labor failed to prepare for a fuel shock. 

And while Australians are paying more at the bowser and at the checkout, Labor is doubling down on costly net zero policies that are driving prices even higher.

You can’t mismanage energy, ignore risk, and then act surprised when everything gets more expensive.

Australians are paying the price for Labor's learn-on-the-job approach to managing the economy.