The Latest Breaking News from Jim Chalmers

When the Greens proposed an extra super-profits tax on the excessive part of really excessive profits last week, business and the government acted as if the sky was about to fall in.

The Australian economy is barely growing as higher borrowing costs and inflation keep a lid on household consumption.

'What bunnies we are to swallow this.'

The economy is stuck in the slow lane and Treasurer Jim Chalmers says that's by design, with higher interest rates necessary to tame inflation.

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Treasurer Jim Chalmers mightn’t have expected his weekend comment – made ahead of expected low growth figures later this week – that interest rate rises were “smashing” the Australian economy to set off the reaction it has. After all, it’s been something of a Chalmers mantra.

How can we tell if the Reserve Bank of Australia – which sets the interest rates that shape our national and household budgets – is doing a good job?

Government’s bungling has generated the damaging debate it wanted to avoid and shown it can be divisive too

Anna Cody worries the Albanese government’s backflip could ‘strengthen the voices of discrimination’

Government decided not to add questions out of concern for social cohesion, Richard Marles insists, after move prompts upset in LGBTQ+ community

Is the Albanese government trying to cast Opposition Leader Peter Dutton as Australia’s Donald Trump? And if so, what’s the thinking and why is Treasurer Jim Chalmers in the vanguard of the charge?