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Treasurer Jim Chalmers has warned Australians to brace for continuing tough cost-of-living conditions over the next two years ahead of his July economic update. He told Today this morning that the Treasury forecast of inflation above 7 per cent was “confronting” and would be a major challenge for wage growth. In other news, the seven Manly players involved in the pride jersey protest will not be seen at Brookvale Oval tonight, and an Australian mountaineer has died scaling world’s second highest mountain. Subscribe: http://9Soci.al/KM6e50GjSK9 0:00 Inflation warning 2:40 Sydney train strike 3:10 Manly pride jersey scandal 4:33 Australian mountaineer dies 4:50 Ricky Nixon 6:11 Weather 7:38 NRL and AFL weekend preview and tips 9News Lunch Podcast | Listen Weekdays at 12.30pm AEST: https://omny.fm/shows/the-9news-lunch-podcast FOLLOW 9News Australia Facebook: https://www.facebook.com/9News/ Twitter: https://twitter .com/9NewsAUS Instagram: https://www.instagram.com/9news/ Join 9News for the latest in news and events that affect you in your local city, as well as news from across Australia and the world. #9News #BreakingNews #NineNewsAustralia #9NewsAUS