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‘Peak higher’: Treasurer’s warning amid inflation horror

Treasury expects inflation to peak higher as fuel shocks from the Iran conflict push petrol and transport costs up, after March headline inflation hit 4.6%.

Summary by News
Inflation has surged on the back of fuel shocks from the Iran war. Treasurer Jim Chalmers says it could get worse.
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7 Articles

7NEWS Australia7NEWS Australia
Lean Right

Chalmers issues bleak budget warning as war takes toll on economy

The treasurer has revealed the ‘main game’ of next month’s federal budget following a sharp rise in inflation.

·Australia
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NewsNews
Lean Right

‘Peak higher’: Warning amid inflation horror

Inflation has surged on the back of fuel shocks from the Iran war. Treasurer Jim Chalmers says it could get worse.

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PerthNowPerthNow
Reposted by
The West AustralianThe West Australian
Center

‘Peak higher’: Treasurer’s warning amid inflation horror

Inflation has surged on the back of fuel shocks from the Iran war. Treasurer Jim Chalmers says it could get worse.

·City of Perth, Australia
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Sydney Morning HeraldSydney Morning Herald
+2 Reposted by 2 other sources
Lean Left

Grim warning for workers with inflation set to hit a three-year high

Inflation is on track to hit a three-year high as a huge rise in petrol prices hits the national economy, putting jobs and growth at risk.

·Sydney, Australia
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Sydney Morning Herald broke the news in Sydney, Australia on Tuesday, April 28, 2026.
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