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 set 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.
“The war in the Middle East is having an extreme impact on the global economy. Australians and Australian small businesses are paying the price for that,” the treasurer told reporters on Wednesday.
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