Chalmers says small business ‘paying the price’ for Middle East conflict as he unveils support measures

Australian treasurer says Iran war having ‘extreme impact on global economy’ as Albanese to address nation about fuel crisis Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast Jim Chalmers has unveiled a suite of Covid-era support measures including tax deferrals for businesses struggling with soaring fuel prices, in the latest sign the government is preparing for a more severe economic downturn from the US-Israel war on Iran...

By Patrick Commins and Josh Butler