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Middle East conflict threatens Australian economy and petrol prices

Middle East conflict threatens Australian economy and petrol prices

Sunrise · LiSTNR

March 3, 20268m 3s

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Show Notes

Treasury warns Australians about potential economic impacts from the Middle East conflict, with inflation projected to increase by 0.15 per cent and petrol prices potentially climbing by 3.5 per cent. Housing Minister Clare O'Neill and Shadow Attorney General Michaelia Cash debate the government's handling of cost of living pressures and economic management. Both politicians address Australia's position on the Middle East conflict, ruling out direct troop deployment while supporting US and Israeli actions against Iran's regime.

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