Australia’s economic pain will last long after Trump’s war ends

S President Donald Trump’s assault on Iran may be over within weeks, but the economic damage to Australian households and businesses from the Middle East conflict will be felt for months, and even years.

The scale of this unfolding global economic shock is a big deal. It consigns Australia to a looming period of high inflation, a weaker economy, job losses and business insolvencies.

Source: https://www.afr.com/policy/economy/australia-s-economic-pain-will-last-long-after-trump-s-war-ends-20260330-p5zjqw