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    Treasurer downplays chance of cost-of-living relief amid surging debt | ABC NEWS

    ABC News (Australia)
    October 4, 2026
    via ABC News (Australia)

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    Treasurer downplays chance of cost-of-living relief amid surging debt | ABC NEWS

    The Treasurer has talked down the prospect of cost of living relief in December's budget update, instead promising more savings. However he warned war in the Middle East will continue to put pressure on the economy. It comes after a bruising week for Labor, as critics blame gov

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