Federal Treasurer Jim Chalmers said on Tuesday (5/5/26), “The Australian economy is getting absolutely pummelled because of the Iran war, and Australians are paying the price for that. And we’re seeing that again today with this interest rate decision.”
Jim Chalmers, in effect, blamed all of Australia’s economic problems on the Iran War, which is total garbage, as we have had major economic problems such as the housing crisis, rental crisis and cost of living crisis well before the Iran War started 10 weeks ago on the 28th of February, 2026.
But by the following morning, Chalmers had changed his tune, and the Iran War became a “big reason” for Australia’s economic problems instead of the only reason Chalmers tried to make out a day earlier.
This is important for a number of reasons. Firstly, as Treasurer, Chalmers has been exposed trying to spin his way out of responsibility for Australia’s economic position.
Secondly, Jim Chalmers is often floated as a future Prime Minister, so his credibility and honesty is important, and any matters that raise questions about that should be reported and discussed.
And thirdly, the Labor government, which Jim Chalmers is part of, supports the Iran War, and Prime Minister Anthony Albanese was the first world leader to publicly back Israel’s and the US’s illegal attacks on Iran.
So, if the Labor Party are going to support the Iran War, they should take some responsibility for any negative impact it has.
And instead of blaming the “Iran War”, Jim Chalmers should blame the “Israeli and US terrorism” against Iran, Lebanon, Gaza and others in the Middle East. Because it is not a war, it is terrorism by Israel and the US.
The below video is Treasurer Jim Chalmers at a press conference on Tuesday the 5th of May 2026, and the second part is Jim Chalmers being interviewed on Channel 9 on Wednesday the 6th of May 2026.
As I point out in the above video, Jim Chalmers obviously had feedback between his press conference on Tuesday and his interview the following morning that the public would not buy him blaming the Iran War for 100% of Australia’s economic problems.
Chalmers watered it down the next morning and said the Iran War was the “big reason” for Australia’s economic problems.
I have seen numerous Labor Party supporters say that they want Jim Chalmers to replace Anthony Albanese because they are not happy with him and his performance as Prime Minister and a key reason is because of Albanese’s support of Israel and the Iran War.
But in the above video and the longer versions of Jim Chalmers’ press conference and interview on Channel 9, he refused to mention Israel when discussing the Iran War, although he mentioned Iran and the US.
I have raised it before when Prime Minister Anthony Albanese and Foreign Affairs Minister Penny Wong have been interviewed on the Iran War and also failed to mention Israel.
It has to be Australian government policy to only mention the US and Iran and not Israel when discussing the war, which is scandalous given Israel started the war. They are trying to rewrite history for the benefit of Israel.
The bottom line is Jim Chalmers, who visited Israel in 2014, as per the above picture with Chalmers in the middle, would likely be no better than Anthony Albanese.
There are no heroes in the old political parties waiting to stick their hand up to save the day. They all have to fall into line, or they get booted from their party, and no more so than the Labor Party.
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Categories: Prime Minister Anthony Albanese
The insidious infiltration of Australia by Zionist Jews is horrendous. I personally would like to see them all, and their supporters, deported to Israel where they belong.
Chalmers blaming Australia’s economic woes on the war stuns me. Albanese was the first leader to support Don in this war. It was an outrageous move, especially speaking for the Australian people.
In order to improve the Australian coffers, taxing mining companies really does make sense. I’d assume that Albanese has been threatened and given in, because he’s too mentally incapacitated (dumb!) to follow these so-called threats through to see what could be achieved by the mining companies. Australia would still win. Cowardice in leadership is always fraught with disaster!
Cowardice in leadership is a national preference judging by the way voters rewarded politicians who seek genuine reform. The way they treated Jack Lang and Gough Whitlam says all that needs to be said about that. I got it from one of Hawke’s ministers that politicians have been molded by the habits and preferences of voters, not the other way around. Progressives have long been out of fashion in our voting climate and our broken political system.
Couldn’t agree more. We ruled by fools.
Who are worse? Australians returning from a stint of idf murdering, kidnapping, starving, torturing, raping and general destruction and slipping back into society, or ISIS brides and their kids? What’s the difference between ISIS or IDF? Nothing.
Except that the IDF have ACTUALLY been involved in the killings. Unless there is proof the Isis brides would have to go with their husbands whether they believed in what they were doing or not. I very much doubt that they actually killed somebody. However they are being crucified while the IDFcarrying out illegal wars are not mentioned. I am more afraid of them being amongst us. Both groups should be scrutinised.
Not all Zionists are Jews and not all Jews are Zionists.
Albo has been wedged between support for Israel being conflated with being a Zionist and being seen as closer to Trump than the party’s funders would like.
It’s unfair, but that’s politics.
Labor will likely segue to Mark Butler and go to an early election to scrounge an extra year in office.
Sure, they’ll lose 20 seats, but the Teals will keep them in office and be handy scapegoats for the Legislative madness that follows.
I’d also expect The Greens to pick up a few Labor seats on Labor preferences.
Interesting to read that you’re interested in Mark Butler. Having heard him communicate with Australians about the NDIS, a very hard subject to discuss, I was most impressed with him. I too believe he’d run a good government. Certainly a hell of a lot better than Albanese who is incapable of anything but shallow, glib comments. Im also not aware of any allegiance with Butler to Zionism, which to me, works in his favour.
Well Labour are not alone here all 4 parties bar the greens and some independents and the mainstream media along with many state politicians all never mention Israel either because they are bought and paid for to say anything about Israel is instantly labelled anti semitism this is not just an Australian thing this is alot of countries where the predominantly right wing media and social media are desperate to discredit anyone not of their persuasion using culture wars the woke word, we have an expensive royal commision at the moment that all you here is the Anti semitism side zero about social cohesion nothing about genocide and nothing about apartheid of not only the Palestinians but the Bedouin with all the usual misinformation and lies Israel use to hide their atrocities, yes you can point out the illegal invasion but it’s not a war it’s an attack so perhaps change your wording also why is The US not mentioned here also.
It makes no sense whatsoever. The world really has gone mad.
You were warm, Jen. It hasn’t ‘gone mad’. It is by its very nature insane, or we wouldn’t need politics, religion, education and the other less than perfect civilising activities. Socrates, Plato, Voltaire, Goethe, G.B. Shaw, Disraeli. Lloyd George and so many other luminaries are on the record: Earth is a cosmic lunatic asylum for the quarantine of defectives and duds from higher dimensions to give them another chance to redeem themselves. It’s what Christianity was about at the outset, quickly undermined. Earth is the school where that can happen. Our finest seer alive today had this to say on that: “The greatest achievement of humanity is not its works of art, science or technology but the recognition of its own dysfunction, its own madness.” – Eckhart Tolle. The aim is to repair that dysfunction by growth of the soul towards maturity. It involves suffering, so there hasn’t been a rush to get started on it. Socrates let the cat out of the bag when he said this: “A person who is true to his morals will reach conflict in public service because there is no such thing as a politician who is not morally compromised.” He might just as well have said that no one can succeed in politics as long as it’s all about accommodating impossible demands made by the wide spectrum of crazies from all quarters.
The Zionists are prolific amongst almost all parties in Australia and all governed by their Israeli bosses in Israel.
This is a great piece you have written KCA as it leaves no unanswered questions.
Keep up the good work
This Zionist Virus will be difficult to treat
Especially as there is now an entire system set up to prove to us that WE are the ones who are sick.
Stage two of the program kicked off earlier this week in Canberra
All respect lost for the Labor party. They cannot be redeemed after their stance on genocidal Israel
I would actually agree with Jimbo the the Israel/US war with Iran is not the only reason that Australians are doing it hard, but downplaying it’s effects on our economic situation to just one of many is pathetic.
And as for not mentioning israel, the expansionist regime run by bennytheyahoo and his thuggish sidekicks is the major cause of insatbility both in the middle east and here in Australia, and while dumpster donny is wittering around with his will I/won’t I random decision making, israel is still all in on it’s destruction and illegal activities in Gaza, Lebanon and Iran.
And Australia says NOTHING. Again.
Yesterday we normal Aussies copped a kick in the nether regions from the RBA. Again. On top of the weak as decisions to NOT tax the LNG, ignore of the price fixing and daylight robbery being perpetrated by the supermarkets, power retailers and big banks and do nothing about Robodebt while cutting the NDIS recipients off from vital services.
To excuse the israelis of not being major contributors to our financial (and social) pain is purely offensive to anyone with an operating brain, regardless of which way we vote.
As soon as the war started (9-10 weeks ago) I took to social media & stated that any decimation that the government had created previous or present would now fall under a new composed narrative of blame due to the middle east conflict.
Here we are….
Classic tactics of flipping a situation by shifting gears, looking for something or someone else to blame, finding an advantage & then pushing it through for ultimately more control. Bondi was another example…
While many wrongly & loosely continue to blame this all on incompetence. It’s clear we are seeing the planned dismantling & destruction of Australia.
Albo’s rushed trip to Singapore, South Korea, Malaysia, Japan and Brunei indicates we’re decoupling from the US one way or another.
There’ll be panic once the voters wake up to that reality.
Does Chalmers expect us to believe that the Australian economy was performing brilliantly until it flipped on 28 February 2026.
Thanks, I wondered about the connections to Herzog. We also now have more trouble brewing with the Argentinian convert to Zionism Leader who regularly hosts Netanyahu. He has bought Chinese Nuclear reactors, Israel will supply him with Nuclear capable subs while Trump of course, another Zionist, recently suggested that the U.K. needs to be careful over its claim to the Falklands.
This is not Iran’s war! It’s Israel ‘s war with U.S.A. backing!! We should keep right out of it!
Yes and I am sick and tired of it being referred to as Iran’s war. This is and always has been Israel’s war, aided and abetted by its puppet Trump. Any war that Israel has been involved in is Israel’s war. The war in Lebanon has been referred to as the Hezbollah war. Iran and Lebanon have a right to fight back against their oppressors. It is called self-defence. Did the people of Gaza have an opportunity to fight back? In the beginning Wong and Albanese always referred to Iran as the terrorist Iran, the terrorist Hamas, the Terrorist Hezbollah. The true terrorists have NEVER been named by them. The terrorist Zionists led by Netanyahu, his war cabinet, IDF and Mossad!! Many politicians here have been bought and paid for by the Zionist lobbies with the usual tactics Infiltrate, intimidate, incriminate, indoctrinate, influence and if you don’t eliminate and exterminate!!
Absolutely sickening to watch the destruction from within and feel powerless to fight it. Australia is almost Israel as is the US and UK and many more.
You echo my sentiments on this exactly, word for word. I’ve written an essay called “The Natural Stupor” to back it all up but it’s too depressing to include here. I’ve found that we can apply Pareto’s 80:20 Rule to almost everything. It’s part of the world’s DNA and Jung’s collective unconscious. 80% of us are dociles who go with the flow no matter what, and 20% react in one of two ways. Roughly translated, 80% of people have no idea what’s true or real and don’t give much of a stuff either way. 10% are stressed out looking for solutions while the remaining 10% are louts beavering away making the world suit their prejudices and “needs”. The only good news was provided by Einstein: “Reality is merely an illusion, albeit a very persistent one”. The only bug in the ointment is that the world’s DNA ordains that hardly any of us has the remotest idea what he was talking about. Therein layeth the problem.
If you listen to the major parties long enough, you’d think Australia is run by three competing PR teams arguing over who gets to explain why nothing is getting fixed. Every problem has a speech, every crisis has a spin line, and every uncomfortable outcome has been carefully declared “complex” enough to avoid accountability.
Meanwhile, ordinary Australians are left juggling the real-world trilogy: housing they can’t afford, bills they can’t outrun, and interest rates that seem to enjoy personal involvement. The only thing consistently well-managed across the political spectrum is the art of describing failure in a way that sounds suspiciously like someone else’s responsibility.
At this point, the one policy they all seem to agree on is simple: keep talking until everyone forgets what was supposed to be done in the first place.