Chalmers says global economic turmoil will drive budget cuts, but Australia should avoid recession

October 4, 2026 · 1:41 am 1 sources

Image: The Guardian

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• Chalmers says global economic turmoil will drive budget cuts, but Australia should avoid recession
  The Guardian · October 4, 2026 01:41
  Treasurer says ‘very substantial and intensifying pressure’ on federal budget as he points finger at private sector for driving up inflation amid Middle East conflict Get our new political email , free app or daily news podcast Jim Chalmers has warned of “very substantial and intensifying”…