Spotlight: What the Iran strikes could mean for Australia's economy

In this episode of Broker Daily Spotlight, a special feature from the Contested Ground podcast, hosts Phil Tarrant, Major General (Ret'd) Dr Marcus Thompson, and Steve Kuper unpack the early fallout from the US-Israeli strikes against Iran and what it could mean for Australia's economy. The discussion explores how escalating tensions in the Middle East could reverberate through global energy markets and supply chains, potentially pushing inflation higher and complicating the outlook for interest rates. For Australian borrowers and mortgage holders, the trio examine how rising fuel costs and renewed inflationary pressure could flow through to the Reserve Bank's policy settings, placing additional strain on household budgets and the housing market. The episode also examines deeper issues over how geopolitical shocks can influence Australia's economic resilience, from fuel security and supply chains to social cohesion and the broader role the country plays in a shifting global order.