The Latest Breaking News from Jim Chalmers

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

Sky-high tobacco prices in Australia have created a lucrative black market, analysts say, sparking a violent "tobacco war" and syphoning away billions in potential tax revenue.

Anthony Albanese is vowing to ban price gouging at the checkout but the opposition claims he's too weak to keep the supermarket giants in line.

Coffees and a clown make front pages as ALP rolls out red carpet for TikTok and Instagram influencers

The coalition have pledged gas investment to bring down power prices as they position themselves as stronger leaders for the nation ahead of the election.

Oops. Anthony Albanese’s own department pre-empted its boss on Thursday. Some unfortunate official, pressing the wrong button, posted on X that the government was in “caretaker” mode, although the prime minister had not yet called the election.

Opposition Leader Peter Dutton's budget reply has outlined an alternative vision to drive down energy costs and ease pressure on household budgets.