Australian Treasurer Calls US-Iran War an Economic ‘Disaster’

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Who published it, and when

How it spread - 3 original reports

1. Sun, 4 October 2026

   2 reports
   • Bloomberg Politics00:47first to report
     Australian Treasurer Calls US-Iran War an Economic ‘Disaster’

     Australian Treasurer Jim Chalmers said the US war with Iran has been an economic disaster, blaming the conflict for higher inflation and borrowing costs worldwide and warning it’s also damping global growth.

   • The Guardian World01:41
     Chalmers says global economic turmoil will drive budget cuts, but Australia should avoid recession

     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 Get our new political email , free app or daily news podcast Jim Chalmers has warned of “very substantial and intensifying” economic pressures on the horizon but insists he’s not planning for a recession, as he prepares to find new ways to cut the budget ahead of its mid-year update. The treasurer on Sunday called on critics of...

2. Mon, 5 October 2026

   1 report
   • Bloomberg Politics23:41
     Bond Selloff to Pressure Australia’s Budget, Chalmers Says

     Higher global bond yields will put pressure on the Australian budget as the widespread selloff pushes debt refinancing costs higher, Australian Treasurer Jim Chalmers warned on Tuesday.