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‘Be poorer’: RBA boss’ frightening warning

Andrew Hauser said the oil shock has already added 0.2% to March-quarter living costs and may also push up fuel prices and interest rates.

Summary by PerthNow
A top RBA official has warned Australians face a grim economic future of rising costs and falling living standards as the war in Iran rages on.

3 Articles

The West AustralianThe West Australian
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‘We can’t go back’: RBA deputy warns of 70s-style inflation

The Reserve Bank’s deputy governor Andrew Hauser has warned Australia faces an inflation shock like the 1970s as a result of the Middle East oil crisis that will make the country poorer.

·Australia
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NewsNews
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RBA boss delivers grim warning that Australians are going to be poorer in wake of Iran war

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PerthNowPerthNow
Center

‘Be poorer’: RBA boss’ frightening warning

A top RBA official has warned Australians face a grim economic future of rising costs and falling living standards as the war in Iran rages on.

·City of Perth, Australia
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  • 67% of the sources lean Right
67% Right

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PerthNow broke the news in City of Perth, Australia on Thursday, April 16, 2026.
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