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Australia faces economic pain from Trump win, Chalmers warns

The Star LogoThe Star1d ago

Australia faces economic pain from Trump win, Chalmers warns - The Star

Quick Summary:

CANBERRA: Australia faces the threat of short-term economic pain in the form of reduced output and further inflation pressures as a result of incoming US President Donald Trump’s policy agenda, according to Treasurer Jim Chalmers.

That is the same as three weeks ago, and comes amid voter frustration over high inflation, a national housing crisis and interest rates which sit at a 13-year high.

The latest Newspoll survey released on Sunday revealed Labour is trailing the Liberal-National coalition on voting intention 49% to 51%.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 00:00:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 342 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 23534156

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About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 42 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 30 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

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The story "Australia faces economic pain from Trump win, Chalmers warns" has 342 words across 11 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "Australia faces economic pain from Trump win, Chalmers warns" was covered 1 days ago by The Star, a news publisher based in Malaysia.

How trustworthy is 'The Star' news outlet?

The Star is a fully independent (privately-owned) news outlet established in 1971 that covers mostly economy and business news.

The outlet is headquartered in Malaysia and publishes an average of 42 news stories per day.

It's most recent story was published 30 minutes ago.

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  • News ID: #23534156
  • URL: https://beamstart.com/news/australia-faces-economic-pain-from-17313676666072

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