Australia urged to save $42bn revenue windfall amid fears of fuelling inflation
Australia is projected to see a $42 billion increase in export revenue, reaching $416 billion by 2026-2027, primarily due to the Middle East conflict. AMP chief economist Shane Oliver warns against spending this windfall, advising the government to save it to combat inflation and reduce national debt, currently at $974.9 billion.
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Published 03 Jul 2026, 05:53 UTC · Updated 03 Jul 2026, 06:00 UTC
Summary by OZbrief Editorial. Original report: The West Australian. Editorial policy · Corrections
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