How the war in the Middle East could worsen cost-of-living in Australia

Tom Elliott has weighed in on how Australians could be impacted by the escalating situation in Iran.

Press PLAY to learn why and how Australians could be negatively impacted

“Wherever I look, I see prices going up,” the 3AW Mornings host said.

Head of Investment Strategy and Chief Economist at AMP, Shane Oliver, said everyone has a right to be worried.

“It all begs another issue here,” Mr Oliver told Tom Elliott.

Press PLAY to hear his insight (and his gut feeling on the next Reserve Bank meeting)

‘What comes next?’: Tom Elliott’s warning on the fallout from the US-Israeli attack on Iran

Image: Getty Images/Samuel Corum