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News 2026-09-29 05:01 UTC

RBA Rate Rise Forced by Middle East Conflict — Market Talk

Australian Treasurer Jim Chalmers says the Reserve Bank of Australia's latest rate rise is squarely due to the war in the Middle East. "Australian workers didn't choose this war, but they are paying a hefty price for it. The war has been a disaster for the global economy," Chalmers said in a statem…