Australian Treasurer Jim Chalmers warns that Ex-Tropical Cyclone Alfred and Donald Trump’s tariffs will impact the federal budget, potentially causing a $1.2 billion hit to GDP and increasing inflation. Chalmers also expresses concerns about global trade wars, stating that indirect effects of tariffs could be up to four times larger than direct impacts. Despite this, Chalmers rules out reciprocal tariffs against the US and will present the federal budget on March 25.
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Queensland reaches Sheffield Shield final against South Australia after Adelaide draw
Queensland secured a spot in the Sheffield Shield final against South Australia after a draw in the final round, with other results falling in their favor. South Australia's captain Nathan McSweeney and Queensland's stand-in skipper Marnus Labuschagne agreed to the draw as neither side could win the match. Tasmania's win over New South Wales and Victoria's victory over Western Australia paved the way for Queensland to secure second place on the ladder and face South...
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