November 10, 2026

The Australian News

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Cost-of-living costing governments across the world | ABC NEWS


The high cost of living is widely considered to have cost the Republicans in the US midterm elections, while New Zealand’s government may well be condemned to one term in office for the same reason.
Chief business correspondent Ian Verrender takes a look at how inflation is hurting incumbent governments across the globe.
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Read more here: https://www.abc.net.au/news/2026-11-10/why-cost-of-living-concerns-are-up-ending-global-politics-us-nz/107365544

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