Television interview - News24 Newsday

Television interview - News24 Newsday Katie Saarikko Wed, 28/10/2026 - 15:16 KIERAN GILBERT, HOST: Joining me live in the studio is the Assistant Minister to the Prime Minister, Patrick Gorman. We've heard from the Treasurer on this inflation number. It could have been avoided, couldn't it, where we are right now if governments had listened and cut spending? PATRICK GORMAN, ASSISTANT MINISTER TO THE PRIME MINISTER: What I think you also heard from the Treasurer in that press conference he's just held is that the last budget that we delivered had some $60 billion of savings in it. So, we take our responsibility for careful budget management, but we also recognise – GILBERT : But still the highest spending in 40 years outside covid? GORMAN : You have got to recognise both that we've – if you think of which Treasurers have delivered surpluses in the last 15 years – there is only two surpluses that have come, both delivered by Jim Chalmers. So, we have carefully managed spending. But also, if you look at this inflationary pressure, which is there and it is higher than we would like – if you look at where it's coming from – GILBERT : The Treasurer should have gone further, shouldn't he?

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