'Tax on households' coming for Aussies due to Iran war

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Source: 9News
Published: 2026-03-03 11:35 UTC+10:00
Section: Finance
Factuality Score: 100
Opinion Category: Neutral
Topics: Culture & Entertainment, Middle East, Military & Defence, Australia, Iran, Energy, Economy & Finance, Tax & Budget, World News, Business & Economy, War & Conflict
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Snippet:
The Reserve Bank has cautioned it remains too early to tell what the economic impact of the war in Iran will be, even as surging petrol prices deliver another hit to inflation-weary households.Speaking at the Australian Financial Review's Business Summit in Sydney this morning, RBA Governor Michele Bullock was characteristically guarded when addressing the outbreak of conflict in the Middle East over the weekend.She said while a disruption of oil and gas supplies could send Australia's already-high inflation further in
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