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Government takes conflict a day at a time'

Moving across to ABC News Breakfast, Richard Marles say the government is taking the conflict in the Middle East - and its economic consequences - a day at a time.

It sounds trite, but you literally kind of have to take this at a day at a time. It is very difficult to speculate about how long this will go. You are right that there could easily be an economic dimension to this, and it is a function of how long it goes. And we're, again, we're very mindful of that and looking at what the potential economic impacts will be.

I'm not about to suggest what the police should do, that's that's a matter for them. But let me say this, our our thoughts are not with the supreme leader. Our thoughts are with the thousands of Iranians who have died at the hands of the supreme leader just in the last few weeks, without looking at the countless numbers of Iranians who have lost their lives over the nearly 40 years that the supreme leader has been at the helm of the Iranian state.