Breaking News:THE Federal Government would be "crazy" to introduce a Queensland flood levy in the face of rising fruit and vegetable prices, Opposition
Treasury spokesman Joe Hockey says.Inflation figures for the
December quarter released today were softer than expected but the
Australian Bureau of Statistics (ABS) data also revealed double-digit increases in quarterly fruit and vegetable prices.
Mr Hockey said the spike in food staples - before the effects of the Queensland floods are taken into account - sounded a
"warning bell" for the levy being considered by the
government.
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