Labor is losing control of the economic narrative as cash-strapped households look for someone to blame | Tom McIlroy

Jim Chalmers eyes government spending cuts but faces internal party pressure to outlay more as Melbourne Cup day interest rate decision loomsIf there was a data point that summed up the rough politics facing Labor on the economy this week, it came from KPMG’s chief economist, Brendan Rynne.After headline inflation rose to 4.3% on Wednesday, Rynne noted the compounding effect…