The Age
·general
·2 hours ago
Chalmers' budget bets on lower oil prices and avoided Iran conflict escalation
Australian Treasurer Jim Chalmers' fifth budget bets on home ownership gains and productivity boosts, but hinges on the Iran conflict ending soon. Oil prices are forecast to fall from $100 to below that level; however, a spike to $200 per barrel could trigger 7.25 percent inflation and economic contraction.
Summary by Glance · The Age
Newer
Next
Loving doing this? 🎉
Take it further — get the full app and never miss a moment of what's happening in Australia.
Breaking news alerts
Instant lock-screen notifications the moment big stories break across Australia.
Australian news & events
Politics, sport, weather, local events — all in one swipeable feed, updated around the clock.
Stay ahead of the news cycle
30-second summaries so you're always informed, even on your busiest days.
Loading article…
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
✨
Ask AI