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Economics2h 0m ago

The Albanese government is worried the instability in the Persian Gulf will continue to fuel inflation and harm consumer and business confidence.

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Persian Gulf

Who
Albanese government
What
The Albanese government is worried the instability in the Persian Gulf will continue to fuel inflation and harm consumer and business confidence.
When
Tue, 14 Jul 2026 10:00:00 GMT · 2h 0m ago
Where
Persian Gulf ·
Why
Instability in the Persian Gulf is feared to continue fueling inflation and harming consumer and business confidence.
The Frontline Impact

How this affects you

The Australian government anticipates ongoing inflation and reduced consumer and business confidence due to geopolitical instability in the Persian Gulf, potentially extending until the midterms.

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