‘A bigger scar’: prolonged war in Middle East could slash $16.5bn from Australian economy, Chalmers warns

BREAKING NEWS

18/03 09:28 - Fuel rations and no air con: south-east Asian nations race to conserve energy 18/03 09:04 - US watchdog slams lack of oversight in $26 bn Ukraine aid 18/03 09:00 - This Emirati billionaire put a voice to Gulf anger over Trump’s war in Iran 18/03 09:00 - Hezbollah ignites blowback from its base as over 1 million flee war with Israel 18/03 08:53 - Burnham says Labour should listen to Angela Rayner after she warns party ‘running out of time’ to deliver change – UK politics live 18/03 08:51 - Andy Burnham says government would ‘do well to listen’ to Angela Rayner 18/03 08:35 - Rayner warns immigration reforms risk being 'un-British' 18/03 08:30 - The oil logic behind Trump’s war on Iran 18/03 08:30 - The oil logic behind Trump’s war on Iran 18/03 08:22 - Temperatures forecast to reach 20C in warmest day of the year so far 18/03 07:56 - Ukraine faces missile shortage due to Middle East war, says Zelensky 18/03 07:16 - ‘A bigger scar’: prolonged war in Middle East could slash $16.5bn from Australian economy, Chalmers warns 18/03 07:13 - PM calls national cabinet meeting over fuel crisis – as it happened 18/03 07:11 - News24 | Israel strike on Lebanon apartment kills six, taking death toll to 912 18/03 07:06 - Iran war: What is happening on day 19 of US-Israel attacks? 18/03 07:06 - Iran war: What is happening on day 19 of US-Israel attacks? 18/03 06:35 - Trump’s Next Decision in War: Whether to Retrieve Iran’s Nuclear Fuel 18/03 06:00 - Ali Larijani was ruthless – and clear-eyed about west’s implacable hostility to Iran 18/03 06:00 - Energy bills: UK government urged to launch ‘social tariff’ to help vulnerable households 18/03 05:52 - Iran fires missiles, drones across Gulf, region remains in war crosshairs 18/03 05:52 - Iran fires missiles, drones across Gulf, region remains in war crosshairs 18/03 05:46 - Israel, the Iran War, and the G.O.P.’s Growing Antisemitism Problem 18/03 05:33 - The Papers: 'First cracks' in Trump camp over Iran war and UK tackles meningitis outbreak 18/03 05:00 - News24 | Iran hits Israel with cluster warheads after killing of security chief Ali Larijani 18/03 04:43 - Trump confirms meeting with China’s Xi Jinping delayed as war on Iran rages 18/03 04:43 - Trump confirms meeting with China’s Xi Jinping delayed as war on Iran rages 18/03 04:37 - Actor Sean Penn gifted a special ‘Oscar’ by Ukraine’s railway company 18/03 04:37 - Actor Sean Penn gifted a special ‘Oscar’ by Ukraine’s railway company 18/03 04:08 - ‘This is America’s war’: Iran’s Foreign Minister Araghchi 18/03 04:08 - ‘This is America’s war’: Iran’s Foreign Minister Araghchi 18/03 03:51 - U.S. Says Anthropic Is an ‘Unacceptable’ National Security Risk 18/03 03:15 - Iranian strikes hit near Australian airbase in UAE, Albanese confirms 18/03 03:04 - News24 | Top US counterterrorism official resigns over Iran war, claims ‘no imminent threat’ 18/03 02:59 - News24 | NATO allies refuse Trump’s Strait of Hormuz warship request as oil soars 18/03 02:59 - News24 | Qatar Airways announces limited March flight schedule as airspace remains closed 18/03 02:46 - ‘We’ll be doing something with Cuba very soon’, Trump says 18/03 02:46 - ‘We’ll be doing something with Cuba very soon’, Trump says 18/03 02:31 - Starmer says 'focus must remain on Ukraine' despite war in Iran after talks with Zelensky 18/03 02:12 - Top US counterterrorism official resigns over Iran war, urging Trump to 'reverse course' 18/03 02:04 - Tulsi Gabbard, who warned of war with Iran, now defends Trump’s decision to attack – as it happened 18/03 01:58 - Ukraine sends 201 military experts to counter Iranian drones in the Gulf 18/03 01:58 - Ukraine sends 201 military experts to counter Iranian drones in the Gulf 18/03 01:30 - Live: Israel strikes central Beirut as Iran attack leaves two dead near Tel Aviv 18/03 01:04 - Who is Joe Kent, and why did he resign as Trump’s counterterrorism chief? 18/03 01:04 - Who is Joe Kent, and why did he resign as Trump’s counterterrorism chief? 18/03 00:57 - Isolated and exposed: can New Zealand’s fragile economic recovery withstand the global oil shock? 18/03 00:52 - Larijani’s warning to US, Israel before his killing 18/03 00:52 - Larijani’s warning to US, Israel before his killing 18/03 00:00 - Iran war live: Tehran mourns Larijani, Soleimani; 2 killed in Israel 18/03 00:00 - Iran war live: Tehran mourns Larijani, Soleimani; 2 killed in Israel 17/03 23:57 - Israel killed Larijani hoping to ‘torpedo’ chance of US-Iran talks 17/03 23:57 - Israel killed Larijani hoping to ‘torpedo’ chance of US-Iran talks 17/03 23:29 - Joe Kent, a Top Counterterrorism Official for the Trump Administration, Resigns, Citing Iran War 17/03 23:09 - The Unlikely Alliance to Save East Palestine, Ohio 17/03 22:52 - A War With, Not for, Israel 17/03 22:42 - Rayner: government ‘cannot just go through the motions in the face of decline’ 17/03 21:35 - Iran’s national security council confirms death of its chief, Ali Larijani 17/03 21:18 - Top Iranian officials killed in Israeli airstrike in wartime blow to country's leadership 17/03 21:15 - TSA Official Warns Small U.S. Airports Could Close if Shutdown Continues 17/03 21:14 - How Zelensky’s ‘oil blockade’ against EU states backfired on Ukraine 17/03 21:04 - Watch: Sean Penn receives 'Oscar' in Ukraine after skipping US ceremony 17/03 21:01 - Middle East crisis live: Trump bashes Nato allies over strait of Hormuz as Iranian official warns waterway ‘won’t return to its pre-war status’ 17/03 21:00 - Israel Keeps Killing Key Iranian Leaders. Will It Work? 17/03 21:00 - 'Why did this happen to my innocent four-year-old?': Inside Iran's children's wards 17/03 20:58 - Cutting jury trials risks ‘undermining justice’ for abused women and girls, Lammy warned 17/03 20:46 - EU and NATO leadership ‘worst in decades’ – El Pais op-ed 17/03 20:43 - Trump team applying pressure to media: Tell the war's story the way we see it 17/03 20:39 - Starmer Turns His Attention To Ukraine (Or Tries To) 17/03 20:36 - War in Iran exposes cracks in Trump's MAGA coalition 17/03 20:24 - Democrats urge windfall tax as big oil set to make billions from Iran war 17/03 20:16 - Senior official openly breaks with White House, resigns over war 17/03 20:08 - Could the Iran war keep Netanyahu in power for longer? 17/03 20:08 - Could the Iran war keep Netanyahu in power for longer? 17/03 19:59 - UK prepares to sue Abramovich over £2.4bn proceeds of Chelsea FC sale 17/03 19:38 - Europe must prepare for drone strikes by terrorists and criminals, warns Zelenskyy 17/03 19:34 - Reform UK may breach data laws with free energy bills competition 17/03 19:28 - Kemi Badenoch calls Trump’s repeated criticisms of Starmer ‘childish’ 17/03 19:27 - Oil flows again through controversial California pipeline after Trump order 17/03 19:21 - Italy warns Russian tanker could explode in Mediterranean at any time 17/03 18:58 - US lawmakers Murphy, Casar push legislation to regulate prediction markets 17/03 18:58 - US lawmakers Murphy, Casar push legislation to regulate prediction markets 17/03 18:36 - A Reporter Asked JD Vance If He Was "On Board" With The Iran War, And His Answer Was… Interesting 17/03 18:27 - War in Iran Shows Growing Conservative Divide Over Israel 17/03 18:26 - Iran and Russia are 'brothers in hatred', Zelensky tells MPs 17/03 18:22 - Zelenskyy says Europe is a ‘global force’ that can stand against any other power in address to MPs – as it happened 17/03 18:21 - Energy minister: ‘every penny’ levied on household energy bills will be scrutinised 17/03 18:14 - Arts Council England must change or face ‘disaster’, culture department is told 17/03 18:05 - Lisa Nandy vows to give BBC permanent charter to prevent political interference 17/03 18:03 - Belgian court sends ex-diplomat, 93, to trial over 1961 murder of Congo leader 17/03 18:00 - China Is Embracing OpenClaw, a New A.I. Agent, and the Government Is Wary 17/03 17:59 - Starmer, Zelenskyy urge ‘focus’ on Ukraine as Iran war diverts attention 17/03 17:59 - Starmer, Zelenskyy urge ‘focus’ on Ukraine as Iran war diverts attention 17/03 17:21 - Did America and Israel just ramp up the war in the Middle East? 17/03 17:04 - Israel carrying out ‘mass expulsion of Palestinians’ in West Bank, UN warns 17/03 17:04 - Israel carrying out ‘mass expulsion of Palestinians’ in West Bank, UN warns 17/03 17:04 - War, inheritance and … a baby? First Dune: Part Three trailer is here 17/03 17:04 - Watch: Iranians show daily life under air strikes and regime crackdown 17/03 17:03 - US counterterrorism chief resigns in protest over Iran war 17/03 17:02 - Fear and defiance in southern Lebanon city as Israel-Hezbollah war intensifies 17/03 16:50 - "25th Amendment Now!": Trump Claimed That A Former President Praised The Iran War... But All Four Former Presidents' Representatives Denied It