Labor could raise welfare payments for cost-of-living relief without stoking…

Addressing competition issues and increasing unemployment benefits and pensions are ways the Albanese government could tackle cost-of-living pressures, but they would have to be coupled with savings to avoid reigniting inflation, economists say. The prime minister, Anthony Albanese , on Wednesday said he had asked Treasury and the finance department to develop “further propositions” for providing cost-of-living relief by the May budget. “[W]hat are the measures that can take pressure off families on cost-of-living without putting pressure on inflation. That’s the key issue here,” Albanese said in Sydney at his first press…