In this episode of Relative Return Insider, host Keith Ford is joined by AMP deputy chief economist Diana Mousina to take a look at the latest inflation figures and whether there is anything useful to learn from the pre-Iran war figures.

She explains that while February data suggested inflation had been peaking before the conflict, the coming months are likely to tell a very different story as energy prices ripple through the economy.

Tune in to hear:

• Whether the potential of stagflation needs to be a bigger concern.
• What to expect from future inflation figures with higher oil prices baked in.
• How the government may respond to growing pressure for broader tax reform.

In this episode of the Relative Return Insider podcast, host Keith Ford and AMP chief economist Shane Oliver unpack why the Strait of Hormuz chokepoint for global oil supply is the critical variable for markets.

Shane warns that the longer the strait remains blocked, the higher the risk of further oil price spikes and extended economic pain, while Treasury modelling is forecasting inflation heading towards 5 per cent this year.

Tune in to hear:

• How the multi‑million barrel per day oil shortfall continuing will affect global economies.
• With inflation heading higher, whether the RBA will make another move following this week's rate hike.
• Why short-term solutions need to be avoided in favour of real budget reform.

In this episode of Relative Return Insider, Keith Ford and AMP chief economist Shane Oliver discuss the market turmoil triggered by the escalating US–Iran conflict and closure of the Strait of Hormuz, which is disrupting the flow of oil and gas.

Shane forecasts the impact of the increasing cost of oil on Australia's fuel prices and similarities to the 1970s oil crises, and how this could flow through to a mix of higher inflation, weaker growth, and renewed focus on energy security and de‑globalisation.

Tune in to hear:

• How the US–Iran conflict is affecting global markets beyond fuel prices.
• Why the RBA will likely move to hike rates next week – and if it would be the right call.
• Whether the shock is likely to accelerate structural shifts.