Tim Wilson

Chalmers says the December mid-year update will include savings, but he won't say if it'll outweigh new spending.

Shazhou Treasurer Tim Wilson says it's a spending addition.

And the outlook? Inflation is forecast to hit 4.5% by year's end, and unemployment is tipped to climb from 4.7% to 5.1% by late 2028.

And Treasury's top actuary, Guy Thorburn, has said the government hasn't given him enough detail to judge whether the NDIS can really cut $38.2 billion in costs over four years.

We And while we don't know what's on the table for cuts exactly, the PM pointed to private health insurance rebate cuts, saying that they'd been blocked by the coalition, along with a free trade deal with the European Union, which he said would bring down prices on imported goods.

But coalition treasury spokesman Tim Wilson said that they'd taken a bipartisan approach to finding savings, and the government was addicted to spending, that's how he put it, and that for every $2 they claim in savings, they go on and spend another $3.

A lot of squizzers will have grown up with Aussie department store David Jones, but it's in some financial hot water and reports are saying that it could enter voluntary administration as early as today after negotiations with landlords have broken down.

And reportedly, they've also been late paying suppliers since early this year, which has prompted some brands to pull stock from DJs.

But that positive outlook isn't being echoed in the halls of federal parliament.

Shadow Treasurer Tim Wilson says the Albanese government's spending habits are a big part of the inflation problem.

For every $2 they claim in savings, they go on and spend another $3.

That's why we have persistent inflation.

But that positive outlook isn't being echoed in the halls of federal parliament.

Shadow Treasurer Tim Wilson says the Albanese government's spending habits are a big part of the inflation problem.

For every $2 they claim in savings, they go on and spend another $3.

That's why we have persistent inflation.

Why does the Treasurer keep asking Australian families to tighten their belts when he refuses to tighten his own?

One thing I wanted to ask about was Coalition Treasury spokesperson Tim Wilson has been arguing not about data centres, not about the Iran war, but that inflation is specifically because of out-of-control government spending.

Is there any truth to that, Matt?

No, look, the contribution that all government spending, so we're not just talking about federal government, we're also talking about state local government.

Give us a call.

After the news headlines, we'll have a chat with Federal Shadow Treasurer Tim Wilson for his views on the RBA decision.

Six minutes to 10 on 5AA.

My next guest is opposition Treasury spokesman Tim Wilson.

Tim, good morning.

Thanks for your time today.

I want a nation where Australians see real improvements in their living standards and people, young Australians in particular, look to the future with confidence and hope that Australia can deliver for them.

Instead, we're going in the wrong direction.

And this government, if they have any sense of wanting to stay in government, they want to start cutting costs straight away.

Yeah, Mr Burrish yesterday on The Drive Show with James Willis and Ben had a yarn this morning to the Shadow Treasurer, Tim Wilson, and I spoke to him in the 2GB kitchen here.

We were having a conversation about what needs to change and I asked him, you know, how would he turn things around and Ben asked him that exact same question in the chat.

But he started off by saying this about the Treasurer, Jim Chalmers, and the floundering budget.

And this government, if they have any sense of wanting to stay in government, they want to start cutting costs straight away.

Yeah, Mr Burrish yesterday on The Drive Show with James Willis and Ben had a yarn this morning to the Shadow Treasurer, Tim Wilson, and I spoke to him in the 2GB kitchen here.

We were having a conversation about what needs to change and I asked him, you know, how would he turn things around and Ben asked him that exact same question in the chat.

But he started off by saying this about the Treasurer, Jim Chalmers, and the floundering budget.