Grim warning for workers with inflation set to hit a three-year high
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Source: The Age
Published: 2026-04-29 04:30 UTC+10:00
Section: Politics / Federal
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Business, Middle East, Military & Defence, Australia, Iran, Economy & Finance, Business & Economy, War & Conflict
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Snippet:
Inflation is set to reach a three-year high as the war against Iran drives up prices on everyday goods, with warnings that the Australian economy could be in the grip of a stagflation slowdown that would drive more than 100,000 people out of work within months.
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