The sharp rise in the cost of fuel from the ongoing Iran conflict has been a major factor in the March inflation quarter numbers jumping by 4.6 per cent, leading to concerns of a possible interest rate rise.
To provide some perspective on the recent inflation numbers the Wire’s Shaun Dourado asked UTS Industry Professor Tim Harcourt what was his interpretation of the quarterly figures.
Produced By: Shaun Dourado
Featured In Story: Professor Tim Harcourt. author of “Airport Economist” and Chief Economist at University of Technology Sydney’s Institute of Public Policy and Governance
First aired on The Wire, Friday 1 May 2026