Brisbane Times
·general
·1 hour ago
Iran war hits Victoria’s economic outlook. And it could get worse
Victoria downgraded economic growth forecasts Tuesday due to Middle East conflict, surging fuel prices and rising interest rates. Real gross state product growth is expected to fall to 1.75 percent this financial year, down from 2.25 percent previously. State debt will reach $175.6 billion by June 2027, with interest costs hitting $8.9 billion annually.
Summary by Glance · Brisbane Times
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