The Guardian Australia – News
·general
·1 hour ago
Chalmers warns rising inflation and unemployment due to Trump’s Iran conflict
Treasurer Jim Chalmers warned inflation and unemployment are poised to rise due to Donald Trump's war in Iran. He noted that economic forecasts underestimate the conflict's severe impact on Australia, with inflation expected to exceed 5% amid global supply chain disruptions. Planned cuts to the NDIS are part of an anticipated savings package for next month's federal budget.
Summary by Glance · The Guardian Australia – News
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