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Chalmers says global economic turmoil will drive budget cuts, but Australia should avoid recession

The Australian flag above Parliament House in Canberra
File photograph: The Australian flag above Parliament House in Canberra. Marcus Reubenstein / Unsplash. Illustrative context, not a photograph of this reported event.
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Treasurer says ‘very substantial and intensifying pressure’ on federal budget as he points finger at private sector for driving up inflation amid Middle East conflict

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theguardian.com

Source headline and summary supplied via Currents News API. First collected by NewsJaws on 2026-10-04. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.

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