Will the budget bring us 'back to the future?'

About this episode

The episode discusses the implications of rising oil prices and speculations surrounding the upcoming federal budget in Australia.

After a brief window of hope that traffic through the Strait of Hormuz would start to normalise, a harsher reality has kicked in. With both Iran and the US firing on vessels, the oil price is surging once again. Meanwhile, there’s fevered speculation about what the Government could unveil in this year’s federal budget, due to be released in early May. Could the Capital Gains Discount be in for a major overhaul? Carrington Clarke and ABC News Business Editor Michael Janda break it all down on ABC Business Daily. Got a burning business question? We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.

People in this episode

Host: Carrington Clarke

Guest: Michael Janda

Topics covered

• federal budget
• oil prices
• Capital Gains Discount
• economic speculation
• business news

Keywords

• budget
• oil price
• Capital Gains Discount
• economic news
• business questions

Mentioned in this episode

Organizations: ABC Australia

Places: Iran, US, Strait of Hormuz

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