Australians are poorer because of war on the other side of the world – Michele Bullock’s logic is hard to fault

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Source: Guardian Australia
Published: 2026-05-05 20:11 UTC+10:00
Section: Australian economy
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Transport, Military & Defence, Australia, Economy & Finance, World News, Business & Economy, War & Conflict
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Snippet:
In sobering comments, the RBA governor forecasts economic malaise due to the global fuel shock. Not recession but higher prices, lower growth and wages that don’t keep pace with inflation
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