‘The recession we didn’t ask for’: Dire predictions for Australia if fuel price spikes
--------------------------------------------------------------------
Source: The Age
Published: 2026-04-12 22:30 UTC+10:00
Section: Politics / Federal
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Transport, Australia, Energy, Economy & Finance, Business & Economy
--------------------------------------------------------------------
Snippet:
Almost one million Australians could be out of work and inflation could pass 6.5 per cent if the crude oil price spikes to $US150 per barrel in one of two nightmare scenarios modelled by Deloitte Access Economics.
--------------------------------------------------------------------