Part 3/7:
The Prime Minister underscored the positive economic indicators that mark the current stage of the government's stewardship. Inflation has notably decreased to 2.1% annually, matching the same figure from the last quarter of the previous coalition government in March 2022. This consistency signals stability, especially amid the unique economic environment, with inflation remaining subdued even as wages continue to increase.
Albanese argued that these achievements exemplify the "labor way" and "the Australian way"—balancing inflation control, wage growth, and maintaining low unemployment. These macroeconomic results are presented as evidence of effective governance and responsible economic stewardship.