Brittany Higgins’ evidence resume Friday; Bruce Lerman’s trial continues; China seeks to reset trade and security relations; narrow majority wants more public anti-corruption hearings; PM confirms spending cuts in October budget; robodebt cases to be scanned; Australia, global recession fears sounded; War intensifies between Russia and Ukraine

Prime Minister Anthony Albanese has confirmed spending cuts will form part of this month’s federal budget, as the government comes under pressure to cut spending to ease inflationary pressures across the economy.

Albanese says “risky” spending cuts will form part of the October 25 budget that Treasury Secretary Jim Chalmers acknowledged this week could be adjusted depending on the changing outlook for the global economic outlook.

Prime Minister Anthony Albanese says the October 25 budget will contain spending cuts.attributed to him:Peter Ray

Chalmers arrived in Washington overnight for the annual meeting of the World Bank and the International Monetary Fund – which warns that the world is on the cusp of a recession caused in part by massive interest rate increases from central banks aimed at lowering them. High inflation rates.

The International Monetary Fund, in a report on government budgets released last night, urged politicians to cut public spending, saying they should work alongside central banks to bring down inflation.

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Originally published at Melbourne News Vine