Carrington Clark

No, and Michelle Bullock, the Reserve Bank governor, did get asked about whether or not it was better in the olden days where perhaps the government was expected to take up more of the slack when it came to fighting inflation.

And she didn't seem to think necessarily that was the case.

And then the ones who have been doing it.

And there is a reason I understand why people want there to be another answer.

People want there to be a kind of pain-free way of bringing down inflation without people feeling the pain.

But unfortunately, that mechanism, the pain is part of the solution at the moment.

And that's when perhaps the government has a role in trying to make sure that the damage isn't being felt by just certain groups and not others.

But that is a political question.

And we will find out from the government next week when they hand down the budget exactly what they think the appropriate settings are, whether or not there needs to be cost of living support at this time, or whether or not they're trying to dial back government spending in order to take some of the demand out of the economy.

That is it for today's episode of ABC Business Daily.

We'll be back with another episode of Fuelcast in the morning.

Then be sure to catch That's Business with Alan Collar, who will be sitting down with bigger CEO Pete Finlay tomorrow afternoon.

And remember, to never miss an episode, make sure you're following ABC Business Daily on ABC Listen or wherever you get your podcasts.

If you'd like to send in a question, you can email abcbusinessdaily at abc.net.au.

Catch you next time, Alicia.

Welcome to Fuelcast.

I'm Carrington Clark, and this is your source to stay on top of the numbers behind the ongoing energy crisis.

It's Monday, May the 4th.

We're recording mid-morning.

Let's have a look at the figures.