Australia's Inflation Stabilizes, Energy Crisis Looms
Sydney News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Australias inflation rate held steady in February, with the headline rate easing to 3.7% and underlying inflation climbing to 3.3%. However, the war in Iran disrupted price stability. Energy Minister Chris Bowen criticized the oppositions new website for collecting emails for political messages, while Nationals leader Matt Canavan highlighted real shortages in regional areas. Treasurer Jim Chalmers is set to brief reporters on these economic shifts.
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