Economic security and stronger supply chains could deliver real benefits for everyday consumers, according to the federal treasurer, who has flagged the need for targeted policy measures to address vulnerabilities in global trade networks. With inflation and cost-of-living pressures remaining key concerns, the treasurer’s push comes amid growing calls for Australia to reduce reliance on overseas manufacturing and critical imports. The focus on supply chain resilience follows recent disruptions that have exposed gaps in domestic production capabilities, particularly in key industries. Policymakers are now weighing how to balance economic stability with long-term self-sufficiency without overburdening households.
Jim Chalmers argues economic security and bolstering supply chains would benefit consumers
