Australian treasurer says Iran war having ‘extreme impact on global economy’ as Albanese to address nation about fuel crisis
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Jim Chalmers has unveiled a suite of Covid-era support measures for businesses struggling with soaring fuel prices and the prime minister is preparing to address the nation in the latest sign the government is preparing for a more severe economic downturn from the US-Israel war on Iran.
Addressing the media on Wednesday morning, the treasurer said “the war in the Middle East is having an extreme impact on the global economy, [and[ Australians and Australian small businesses are paying the price for that”.
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