Inflation, war, increases Budget pressure ABC NewsRate rise should push PM to make tough choices in May budget The AustralianRecession not expected in Australia but markets suggest a March rate hike: Treasurer SBS AustraliaOil shock further reason for tax reform, spending cuts The Canberra Times Tags:AustraliaBusinesscost of livingeconomicEconomyFinancefuelILInflationInterest RatesIranIsraeloilPersonal financePersonalFinancepodcastratesRBAreserve bankStrait of HormuzusWar