What the US midterms mean for Australia

As the results of the US midterm elections start to roll in, Treasurer Jim Chalmers has warned there could be economic consequences for Australia.
The Treasurer says Australians are "the cost‑of‑living casualties of decisions taken in D.C. and Tehran".
It comes in the wake of the RBA's decision to raise interest rates for the fifth time this year, with the RBA Governor Michelle Bullock warning that Australians will feel poorer.
So, will the upcoming MYEFO be more politically consequential for some time?
Patricia Karvelas and David Speers break it all down on Politics Now.
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