Markets wobbled overnight with conflicting accounts of when the Iran conflict might end. Bond yields fell on hope inflation may not rise too much. And we get data today on Australian lending growth and NZ business confidence. And then in our deep-dive interview,ANZ Chief Economist for Southeast Asia and India Sanjay Mathur, analyses the fiscal effects of the fuel subsidies, and how long before they may have to be abandoned. Before accessing this podcast, please read the disclaimer at ⁠https://www.anz.com/institutional/five-in-five-podcast/⁠