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Economics

Inflation to spike, oil supply plenty: Chalmers

While Treasurer Jim Chalmers did not rule out that inflation could hit as much as 5%, he is confident that Australia will not run out of fuel off the back of the current Middle East crisis.

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Read more: Iran,  Middle East,  Budget,  Israel,  Jim Chalmers,  Lurion De Mello,  Macquarie Business School,  Macquarie University,  National Bank,  Sky News,  Strait of Hormuz,  Treasury