Don’t fuel war inflation: IMF warns Chalmers as recession risks grow

Treasurer Jim Chalmers is being warned not to use the budget to deliver cost-of-living handouts to deal with the inflation fuelled by the Iran war, with the International Monetary Fund fearful the globe could be pushed into a recession if hostilities do not end soon.

Opens the original publisher in a new tab. Full articles belong to their publishers; a subscription may be required.