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The Guardian - AU
The Guardian - AU
National
Mike Hohnen

Afternoon Update: Chalmers’ ‘severe’ economic warning; blood donation rules change; and the female gaze revolution

Jim Chalmers Australia Inflation United States
Australian treasurer Jim Chalmers
Treasurer Jim Chalmers has warned the economic fallout from the war in the Middle East is already serious and could become severe. Photograph: Lukas Coch/AAP

Welcome, readers, to Afternoon Update.

The treasurer, Jim Chalmers, says inflation and unemployment are set to rise because of Donald Trump’s war in Iran, warning ahead of next month’s federal budget that the economic fallout from the conflict could still become “severe”.

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