Treasury raises the alarm on oil-driven inflation: Oil prices have surged 28% since US-Iran hostilities resumed, and Treasury is warning the spike could trigger a domestic inflation surge and slower growth through the second half of the year — with IEA strategic reserves now largely depleted.
US slaps 12.5% tariff on Australian exports: New Section 301 forced-labour tariffs took effect July 24, hitting lamb, mutton and goatmeat hardest, while major beef categories...
