If turbocharged petrol prices are driving up inflation, then why are Australia's unemployed on the line? | Greg Jericho

UK · 2026-09-30

1. Step 1 · The triggerthe Iran conflict constrains oil supply, driving up global crude and Australian petrol prices
2. Step 2 · Knock-onhigher petrol prices feed directly into Australian inflation, raising SME input costs
3. Step 3 · Knock-onthe RBA raises interest rates to contain inflation, increasing borrowing costs and suppressing demand
4. Step 4 · Knock-onAustralian SMEs face margin pressure and weaker sales as both input costs and financing costs rise
5. Step 5 · Reaches youUK SMEs importing from or supplying to Australia see reduced demand and higher transaction costs

The trigger is reported by the source below. The steps that follow are Branch²’s traced reasoning — how the shock could reach a business like yours, not a prediction.

Source: theguardian.com

This is automated analysis for information only. It is not investment advice, not a recommendation, and not a solicitation to buy or sell any security. Branch² is not authorised or regulated. Do your own research.