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Jim Chalmers is blaming Australia’s accelerating inflation on Trump – but voters aren’t buying it

As next week’s all-but certain rate rise looms, there is one thing we can all agree on: the end of war in the Middle East can’t come soon enough Jim Chalmers is blaming the latest shocking inflation figures on the worsening Middle East conflict, and he has a point.

✦ Extractive summary — built from the sources' own reporting•From 1 source•1 min read•Updated October 28, 2026, 5:58 AM UTC

The trouble is, voters aren’t buying what the treasurer is selling.

How this summary was made: extractive summary — built from the sources' own reporting. It is drawn only from the reporting of the sources listed below — read the originals for full detail. How we summarize →

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