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# Why Worry?
- URL: https://www.paulleonardsblog.net/why-worry-2/
- Published: 2026-10-01T22:49:08.000Z
- Updated: 2026-10-01T22:56:27.000Z
- Author: Paul Shea

Even Italy has 10x more diesel reserve than we do and they aren't dependent on mining!

[Australia’s biggest recession risk isn’t interest ratesThe interest rate futures market overwhelmingly expects the Reserve Bank of Australia (RBA) to lift the official cash rate by 0.25% on Tuesday. The futures market has also priced in a high probability of two further rate hikes over the next six months, which would take the cash rate to 5.10%. Given that mortgage payments![](https://storage.ghost.io/c/fc/eb/fceb7f4c-347c-42e9-9ff7-156bb2a5c713/content/images/icon/favicon-32x32-02e74810-cd1b-4b0c-98ac-f94a95989627.png)MacroBusinessUnconventional Economist![](https://storage.ghost.io/c/fc/eb/fceb7f4c-347c-42e9-9ff7-156bb2a5c713/content/images/thumbnail/Sorry-No-Diesel_large-69079c72-1174-4d4a-94ea-a0499c1c18a2.png)](https://www.macrobusiness.com.au/2026/09/australias-biggest-recession-risk-isnt-interest-rates/?ref=paulleonardsblog.net)

[Why Worry?](https://www.paulleonardsblog.net/why-worry)