The Latest Breaking News from Jim Chalmers

Markets are betting the Reserve Bank will cut rates by 50 basis points at its next meeting as American tariffs batter the global economy.

Amid the chaos of the tariff crisis and the dark clouds internationally, there is a potential silver lining for Australian mortgage holders.

Peter Dutton admitted he ‘made a mistake’ as he backtracked on policies to restrict working from home and sack 41,000 public servants

Australians are being urged not to panic about their retirement incomes after Donald Trump's trade war sent global markets into a tailspin.

Labor is promising to lower energy bills by shaving 30 per cent off the cost of installing household batteries if voters re-elect the government on May 3.

How other countries retaliate matters hugely for how Australia’s economy weathers the storm of ‘liberation day’, experts say

The treasurer has ordered new modelling into the impact of Donald Trump's tariffs, as Australia boasts a temporary trade surplus with the United States.

Peter Dutton came perilously close to a DOGE moment on Monday night, when he was asked about getting the “woke” agendas out of the education system. Noting the Commonwealth government “doesn’t own or run a school”, Dutton told a Sky audience in Brisbane that people wondered why there was “a…

Education minister criticises ‘extreme’ Coalition stance as treasurer warns threat to funding comes ‘right from the Doge playbook’

The Reserve Bank of Australia has kept the cash rate unchanged at 4.1 per cent, as global uncertainty clouds the economic outlook.

Questions about funding and infrastructure as biggest flood since 1974 isolates towns and causes ‘soul-destroying’ stock losses