Australia should brace for war impact to get worse, Treasury warns
The fraught debate over puberty blockersTopic:HealthPower prices are finally falling.
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ABC News (Australia) publishes from Australia and files mainly under world. We currently carry 1,356 of its stories.
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| Original publisher | ABC News (Australia) |
| Canonical URL | https://www.abc.net.au/news/2026-07-28/middle-east-war-economic-impact-to-worsen-treasury-warns/106963778 |
| Publication time | Mon, 27 Jul 2026 19:01:50 +0000 |
| Retrieval time | 2026-07-27T19:16:42.648Z |
| Last seen | 2026-07-27T19:16:42.648Z |
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| Summary source text | contentText |
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Opening excerpt (first ~120 words) tap to expand
Australia should brace for war impact to get worse, Treasury warnsBy economics reporter Tom CrowleyTopic:EconomyPosted Tue 28 Jul 2026 at 5:01amTue 28 Jul 2026 at 5:01amTue 28 Jul 2026 at 5:01amTreasurer Jim Chalmers has indicated the fuel excise will end on August 2, but an extension has not been ruled out. (ABC News: Ian Cutmore)In short:Treasury has warned Jim Chalmers that the economic risks from the continuation of the war in the Middle East are increasing.The government is yet to decide whether it will extend the fuel excise discount into August.What's next?The latest inflation figures are due on Wednesday, which will be the last release before the Reserve Bank board meets in August.abc.net.au/news/middle-east-war-economic-impact-to-worsen-treasury-warns/106963778Link…
Excerpt limited to ~120 words for fair-use compliance. The full article is at ABC News (Australia).