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The Latest Breaking News from Chalmers

Tax breaks for investors are likely to be scaled back in Albanese’s May budget. But will it make housing cheaper?

The top 10% of Australia’s earners get 90% of the benefit of the CGT, while young Australians are struggling to get into the housing market

The Guardian - AU

Grattan on Friday: would Labor be supporting this war if it were in opposition?

When Canadian Prime Minister Mark Carney addressed federal parliament on Thursday his well-crafted speech had one gaping hole. It did not mention the huge issue dominating world attention – the United States-Israeli strikes on Iran and the subsequent ever-widening conflict that has engulfed the region.

The Conversation

As the economy slows and productivity flatlines, is Australia having another banana republic moment?

In 1986 Paul Keating warned the nation was headed towards economic disaster without reform. Now, Jim Chalmers faces a similar dilemma

The Guardian - AU

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Politics with Michelle Grattan: Treasury veteran Ken Henry on the “enormous damage” the tax system does to young people

In August, the Albanese government will hold an economic “roundtable” that will discuss productivity, budget sustainability and resilience. Australia’s tax system will be one of the central issues, and stakeholders are gearing up with their varying arguments for changes.

The Conversation

The ‘feminisation’ of Labor is a key reason Australians embraced it – and Anthony Albanese

Watching elections over the decades, one thing that has struck me is that results are invariably hyperbolised in the first blush of the people’s verdict. The achievement of the winners is over-egged in the commentary, as is the scale of the calamity suffered by the losers.

The Conversation

A ‘modest’ tax bribe, delivered against dark clouds of Trump-induced uncertainty

The Albanese government’s fourth budget is a pitch for the votes of a sour and alienated electorate, framed against a background of extraordinary international uncertainty.

The Conversation

Trump's pause on military aid alarms Ukrainians but Kyiv digs in on peace terms

Ukrainians are alarmed and apprehensive about a U.S. decision to pause military aid critical to their fight against Russia’s invasion, as a rift deepens between Kyiv and Washington

The Independent UK

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Orcas' bid has NRL coach, immediate title claims in NZ

The Southern Orcas have launched their bid to become the NRL's second New Zealand team, armed with a current NRL coach and $325 million in funding.

AAP

Everyone made the same Simpsons meme joke about the northern lights

The Steamed Hams meme came true.

USA Today Sports Media Group

What time and TV channel is Kiefer Crosbie v Aaron Chalmers on Saturday?

The Dublin MMA veteran fights the former reality TV star.

Irish Mirror

Labor’s hydrogen pledge a ‘great start’ but more needed to become global player, experts say

Australian Hydrogen Council welcomes $2bn funding but MP Sophie Scamps calls it ‘a drop in the ocean’ compared with US

The Guardian - AU

Jim Chalmers asks voters to trust him and Labor’s plan, but will they?

Treasurer Jim Chalmers' budget priorities have revealed the the long-term agenda of an Albanese government.

The New Daily

Michael Pascoe: The fallacy at the heart of the Reserve Bank of Australia review

Instead of tackling the fallacy and lie, the review came up with this: 'There should be increased joint work between Treasury and the RBA'.

The New Daily

Decision on RBA's top job due next year

The treasurer will consider the best possible leadership structure for the central bank when weighing up the reappointment of governor Philip Lowe next year.

AAP

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The Conversation

Australia needs an honest conversation about tax and budgets – and Jim Chalmers is ready to talk

Jim Chalmers is a wily operator. Ahead of delivering his first budget next Tuesday, he has given himself room to do the things a treasurer needs to do.

The Conversation

Grattan on Friday: Jim Chalmers is a good performer, but can he hold the public's trust through hard times?

Jim Chalmers delivers bad economic news well, which is a good thing because there’s a great deal of it about, with a lot more to come.

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