The Wrap with Greg Jericho
The middle of April each year is always when the pre-Budget noise gets louder, and the Government begins to frame the narrative. This year the stakes are as high as any budget in recent memory.
The United States’ and Israel’s attacks on Iran and the subsequent closing of the Strait of Hormuz have very much highlighted to Australians just who benefits from an international oil crisis. While Australians saw their petrol prices rise, and worries about a recession permeated, one industry was laughing.

Photo: AAP Image/Mick Tsikas
— Greg Jericho is the Chief Economist at The Australia Institute.





