Watch FIFA World Cup 2026™ LIVE, FREE and EXCLUSIVE

Watch

The Government warns Australians to brace for 'substantial' economic impact as Middle East conflict unfolds

Published
The Australian Government is working to assess the economic impact of the conflict on the federal budget and spending priorities. The Treasurer has conceded he doesn't know the extent of the financial fallout, as Australians brace for petrol and wider price hikes.
Tags
Australia
Politics
Share

Recommended for you

Anthony Albanese speaking while standing outside.
A woman in a hijab looking to the side
A reddish moon during a total lunar eclipse in the night sky.
190226 RISING DEBT HEADER.png
Australian banknotes laid out on a table.
Glenn McNamara, a middle-aged white man wearing a black t-shirt and cap, leaning on a neon-lit bar.
A person walking with a clear umbrella on a city street
New rules for UK citizens travelling abroad have sparked chaos for dual citizens.

Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Watch now

Watch the latest news videos from Australia and across the world