War a bigger economic wrecking ball than fires, floods or financial crisis
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Source: The Age
Published: 2026-04-08 23:00 UTC+10:00
Section: Politics / Federal
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Business, Science, Health, Education, Military & Defence, Economy & Finance, Tax & Budget, Business & Economy, Environment & Climate, War & Conflict
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Snippet:
War delivers a bigger hit to the economy than natural disasters or governments defaulting on debt, new research has revealed, alongside warnings that any substantial increase in defence spending will require cuts to health and education services.
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