Monetary policy has already done much of the work to get inflation down, so now it’s time to show discipline and focus on structural reform rather than broad new stimulus. Targeted support for those genuinely struggling is important, but if governments keep adding to demand, the RBA will have no choice but to keep rates higher for longer. That’s not in anyone’s interest, especially mortgage holders and small businesses.
Source: https://www.afr.com/policy/economy/stop-sugar-hit-spending-top-ceos-on-how-to-get-the-economy-moving-20251210-p5nmk0