Anthony Albanese and Jim Chalmers downplay signs of strain in their relationship as Labor faces nervous times on the economy and a rising One Nation

With Labor under acute pressure from One Nation’s surge in opinion polls, backlash over a series of major economic policies and unhappiness at the direction of the country, the relationship between the prime minister and treasurer is showing signs of strain.

Conditions have looked a little scrappy for weeks now, but things got worse on Tuesday when Albanese, either deliberately or inadvertently, undercut his treasurer.

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