Australia's Inflation Stabilizes, Energy Crisis Looms

0:00It's March 25th. Welcome in. This is Sydney News Today, where local news meets AI. I'm Corey with the story. Australia's latest inflation numbers show prices held steady in February, with the headline rate easing to 3.7% over the past. Year from 3.8% the month before. Underlying inflation, the key measure economist watch climbed just 0.2% last month for an annual rate of 3.3%. That, down from 3.4%. This comes as prices have been stabilizing until the war in Iran disrupted things this month. Energy Minister Chris Bowen slammed the opposition's new, no fuel here website, calling it a scheme to collect emails for political messages rather. Then help drivers find fuel. Users report empty stations, but must share their name and email, consenting to party outreach, while nationals leader Matt Canavan says it highlights. Global shortages in regional areas. Treasure Jim Chalmers plans to brief reporters around 12.15pm, Australian Eastern Daylight

1:04time, as everyone keeps a close eye on these, economic shifts.