Ukraine war delivers windfall to miners while hous

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Ukraine war delivers windfall to miners while households get squeezed - Today News Post News Today || Headlines Today

Australia’s mining giants are set to cash in as the war in Ukraine drives a massive rise in commodity pricesI mean, this is going to become like a war zone., but don’t expect much of the windfall to be invested back into the economy.

Instead, shareholders are shaping up as the big winners, with mining giants likely to save their newfound super profits, according to Reserve Bank boss Philip Lowe and several leading economistsThe economy overcom.

MeanwhileRomano finally stumbled on an account aptly named @to_vaccine. It was a bot, Prime Minister Scott Morrison is resisting calls to ease fuel taxes for households as the war pushes petrol prices past record highs – despite the government granting billions of dollars in tax breaks to miners.

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