The Latest Breaking News from Jim Chalmers

PM hits the road to an election with multi-state blitz

The election year has begun with the prime minister making his first major promise as he embarks on a whirlwind cross-country crusade.

AAP · Jan 5, 2025

If crypto is incorporated into Australia’s financial system, we will be lucky to avoid contagious collapse

As soon as people decide that crypto is valueless, it will be – but in the next few years, exposure of traditional institutions will likely run into the hundreds of billions

The Guardian - AU · Dec 31, 2024

Politics with Michelle Grattan: Chalmers says the budget’s better than it was; Taylor says it’s much worse than it should be

Appropriately, we finish our podcast for 2024 talking to Treasurer Jim Chalmers and his shadow, Angus Taylor because, as the saying goes, “it’s the economy, stupid!”

The Conversation · Dec 19, 2024

Crackdown on tobacco research, phoenixing boosts budget

Policy decisions will result in a $17.5 billion deterioration of the federal books, even as tax crackdowns boost revenue, a mid-year budget update predicts.

AAP · Dec 18, 2024

Federal budget $27bn in the red and won’t return to balance for a decade, Myefo forecasts

Budget downgrade blamed on Australian economy being hit harder than anticipated by higher interest rates, cost of living pressures and global uncertainty

The Guardian - AU · Dec 17, 2024

Deficits dig deeper holes as cracks appear in budget

Australia is on track for a soft economic landing despite budget deficits set to widen as spending grows and tax receipts fall, Treasurer Jim Chalmers says.

AAP · Dec 17, 2024

Major damage in Vanuatu earthquake, deaths feared

A response effort is underway in Port Vila after a 7.3 magnitude earthquake struck off the coast of Vanuatu.

AAP · Dec 17, 2024

PM says Australia stands ‘ready to assist’ Vanuatu after earthquake – as it happened

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The Guardian - AU · Dec 16, 2024

Chalmers unveils new look Reserve Bank, with women in the majority on both its boards

A person with long experience in the financial services sector, Marnie Baker, and a distinguished academic economist, Renée Fry-McKibbin, have been appointed to serve on the Reserve Bank’s new monetary policy board:

The Conversation · Dec 16, 2024

Jim Chalmers reveals two appointments to Reserve Bank’s new board tasked with setting interest rates

Renée Fry-McKibbin and Marnie Baker will sit on the RBA’s new board, which follows the government’s reform of the central bank

The Guardian - AU · Dec 16, 2024