Business

Australian Economy Faces Challenges Amidst Global Crises

Updated 2026-07-24 15:10 UTC 1 source Negative

Economists warn of potential interest rate hikes and rising petrol prices in Australia. These concerns are linked to the escalating Middle East crisis, which is pushing global crude oil prices higher.

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The Guardian
Economists’ warning comes as escalating Middle East crisis pushes global crude oil back above $US100 a barrelGet our breaking news email, free app or <a href="https
2026-07-24 15:00 UTC
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