Goods & Service Tax (GST) 24 October 2026
Inflation Driven by Taxes, Cash Shift, Immigration
The Whiting column says inflation stems from multiple forces—tax policies, the drive to eliminate cash, and higher demand tied to immigration. It cautions that simple fixes overlook the tangled mix of revenue pressures and consumer spending growth.
The Whiting column argues that inflation is driven by several forces. Key drivers include:
- Tax policies increasing revenue pressures
- Moves to phase out cash and go digital
- Rising consumer demand from immigration
For a deeper dive, read the full column here.
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