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The Latest Breaking News from Jim Chalmers

What is the PwC tax scandal? Who is Peter-John Collins? Who knew about it? Why does it matter?

Consulting giant PwC is embroiled in a scandal of its own doing, having used confidential government information to benefit its bottom line. Here's how it happened, and what consequences the firm is facing.

ABC News

Qld Premier Annastacia Palaszczuk steps up state investment in wind and solar

Queensland Premier Annastacia Palaszczuk has unveiled plans to greatly increase publicly owned wind and solar farms

The New Daily

‘Ropeable’: Treasurer says PwC partners will be named ‘in time’

Treasurer Jim Chalmers says he is "ropeable" about the PwC tax scandal and that the names of those involved will be made public "in time".

The New Daily

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Treasurer Jim Chalmers says naming of PwC partners placed on leave will happen 'in time'

Treasurer Jim Chalmers says the naming of partners at consulting giant PwC involved in misusing confidential government information will happen "in time".

ABC News

Electricity prices to rise by up to a quarter in parts of Australia after energy regulator issues market default decision

Australian Energy Regulator says power bills would have gone up twice as fast without government intervention

The Guardian - AU

About 300,000 Victorians who use negative gearing could claim land tax hikes as deductions

Premier says levy is ‘tax deductible’ as ATO says 304,942 Victorians used negative gearing in 2019/20

The Guardian - AU

Will Jim Chalmers' budget drive up inflation? Not likely – and here's why

The proposition that cutting prices will stoke inflation is a hard one to get your head around, even if you are an economist.

The Conversation

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Consumer confidence edges up but low mood prevails

Consumers are feeling a touch more optimistic about their personal finances, with the jobless rate low and pay packets rising.

AAP

ABC staff walk out over ‘abhorrent’ abuse of Stan Grant

Furious ABC staff have walked off the job to protest the treatment of outgoing Q+A host Stan Grant.

The New Daily

Australia should resist urge to ‘gloat’ if China lifts trade sanctions: expert

It’s in China’s interest to stop the trade war with Australia, but Canberra has to avoid ‘chest-pounding’ if it happens.

Crikey

Treasurer spruiks jobs market but cost of living bites

The treasurer says the Albanese government has overseen the strong jobs growth during its first year but the opposition says it has failed to tame inflation.

The New Daily

Australia aims to 'tighten the screws' against Russia

Treasurer Jim Chalmers says Australia needs to continue to work with partners to "tighten the screws on Vladimir Putin and his cronies" to stop Russia's war.

AAP

Progress made with China despite trade block: Treasurer

Treasurer Jim Chalmers says progress has been made with China on the removal of trade bans after the prime minister accepted an invitation for a state visit.

The New Daily

MP speaks out against voice claims – as it happened

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The Guardian - AU

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The Guardian - AU

Labor hails ‘strongest start for jobs growth’ of any Australian government

Analysis shows more than 330,000 jobs gained in past year, but treasurer concedes inflation needs to cool

The Conversation

View from The Hill: Quad without hoopla still worked, while China visit will require delicate diplomacy

Anthony Albanese now has a firm promise of a state visit to the United States this year, and an invitation to go to China.

The New Daily

Of the many things the budget didn’t explain, this could be the most important

Did the budget leave the Albanese government, just one year old this week, the maximum amount of political room to move?

The Guardian - AU

PM announces new sanctions – as it happened

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The New Daily

Madonna King: Could loneliness be as deadly as smoking?

Dr Murthy believes chronic and widespread loneliness – enveloping half of all adults in his country – costs billions of dollars each year.

The Conversation

Grattan on Friday: Albanese governs on softly-softly catchee monkey formula. Would Plibersek or Chalmers have been bolder?

Reading Margaret Simons’ recently released biography of Tanya Plibersek brought to mind an interesting question. What sort of Labor government would we have if Plibersek, rather than Anthony Albanese, had become Labor leader in 2019, and then won the 2022 election?

The Independent UK

China lifts ban on Australian timber imports in another sign of improving bilateral relations

China has opened its doors to Australian timber imports for the first time in more than two years, in another sign that the tattered bilateral relationship is being repaired

The Conversation

Economists award Chalmers top marks for budget, but less for fighting inflation

Asked to grade Jim Chalmers’ second budget on his own criteria of delivering “relief, repair and restraint”, most of the 57 leading economists surveyed by the Economic Society of Australia and The Conversation give it top marks.

AFP

China ends import ban on Australian timber

Sydney (AFP) - China has lifted an import ban on Australian timber, Beijing's ambassador said Thursday, hailing warming ties between the two countries.

The New Daily

Cost of stage-three tax cuts balloons to $313 billion

The cost of the stage-three tax cuts has blown out to $313 billion over 10 years, with more than half of the benefit set to flow to rich.

The Conversation

PwC scandal shows consultants, like church officials, are best kept out of state affairs

Australia’s Treasurer Jim Chalmers called it “an appalling breach of trust”. But the scandal involving the local arm of PricewaterhouseCoopers (PwC), the world’s second-largest professional services firm, is much worse than that.

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