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The Latest Breaking News from Jim Chalmers

RBA governor could chair two boards under restructure

Treasurer Jim Chalmers says there are still a handful of issues the Reserve Bank and the government are working through from the review into the central bank.

AAP

Australia's government posts $14.2 billion budget surplus after 15 years in the red

Australia’s government has reported a $14.2 billion budget surplus for the last fiscal year

The Independent UK

Former Australian PM Malcolm Turnbull says Rupert Murdoch’s ‘anger-tainment’ damaged the democratic world

Longstanding Murdoch critic says mogul leaves ‘hell of a legacy’, as minister suggests he will still play ‘very big role’

The Guardian - AU

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Uluru Dialogue accuses Dutton of ‘deception’ over voice – as it happened

This blog is now closed

The Guardian - AU

Budget surplus up to $22bn thanks to strong jobs market and higher commodities prices

Despite improved short-term outlook, Jim Chalmers says structural pressures are ‘intensifying rather than easing’

The Guardian - AU

View from The Hill: Josh Frydenberg puts political ambition aside to remain in business

Former Treasurer Josh Frydenberg’s decision to put a business future before an attempted political revival is a blow for the Liberal Party, but a relief for the teal member for Kooyong, Monique Ryan.

The Conversation

Treasurer to take fresh look at Future Fund

Australia's sovereign wealth fund could be in for a shake-up, including new personnel, as the Labor government continues its renewal of institutions.

AAP

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Crackdown on dodgy tax advisors after PwC scandal

Treasurer Jim Chalmers has released draft legislation aimed at cracking down on dodgy tax advisors and giving the regulator more powers to hunt down renegades.

AAP

Labor driving towards secure future with jobs roadmap

Treasurer Jim Chalmers is set to release the Employment White Paper setting out policies to put secure jobs in reach of more Australians.

AAP

Stiffer penalties and increased ATO powers spearhead Labor’s tax overhaul

Treasurer Jim Chalmers to take aim at ‘blatant misconduct in our tax advice industry’ after PwC scandal

The Guardian - AU

Positive outlook for local and export gas supplies for early 2024: ACCC

The outlooks for both local and export supplies of gas are positive for the early months of next year, according to the Australian Competition and Consumer Commission inquiry’s September report.

The Conversation

OECD inflation outlook suggests further Australian interest rate rises possible

Intergovernmental economic organisation warns core inflation across the world remains ‘persistent’ and may require policy action from Reserve Bank

The Guardian - AU

Sharper China slowdown risks blunting Australian growth

The global economy is expected to keep slowing in response to higher interest rates, forecasts by a major global organisation show.

AAP

Aussies falling off fixed mortgage to higher rate peaks

About a million Australian mortgage holders have come off low fixed interest rates to a higher variable one since they started increasing.

AAP

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The Guardian - AU

Morning Mail: Chalmers warns of ‘bumpy’ economy, call to investigate possible burial sites, trans therapy ‘life-saving’

Treasurer says a soft landing is not assured as Australia faces global headwinds, and a new study shows the benefits of testosterone therapy

The Guardian - AU

Jim Chalmers warns soft landing ‘not assured’ for economy despite Treasury forecasts

Exclusive: Treasurer expects ‘bumpy’ year ahead as Australia feels the squeeze of higher interest rates and China’s slowdown

The Conversation

We're in a per capita recession as Chalmers says GDP 'steady in the face of pressure'

Australia’s economy grew a mere 0.4% in the June quarter according to figures released by the Bureau of Statistics on Wednesday, a performance Treasurer Jim Chalmers describes as “steady in the face of unrelenting pressure”.

The Guardian - AU

Danielle Wood to become first woman to head Productivity Commission

Labor appoints well-known Grattan Institute chief after senior Victorian treasury official Chris Barrett pulls out of recruitment process

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The Guardian - AU

Question time chaos – as it happened

This blog is now closed.

The Conversation

Grattan on Friday: It can be a battle to get information from the Albanese government

Thank goodness for Senate committees. This week, they’ve proved, yet again, to be worth their weight in accountability gold.

Newcastle Herald

How the intergenerational report can help the Hunter get its economic house in order

We need to act now to ensure that the Lower Hunter economy beyond 2050 is diverse and prosperous.

The Guardian - AU

Labor is nibbling at tax reform but revamping stage three cuts is too big to swallow

The intergenerational report shows cuts will be needed in the medium to long term to prevent workers paying an ever-growing share of the total take

The Guardian - AU

Labor running ‘protection racket’ for Qantas by blocking extra Qatar airways flights, opposition claims

Peter Dutton tells Today show the price of flights is ‘astronomical’ and competition with Qantas would bring downward pressure on prices

The Conversation

Grattan on Friday: the Albanese government has questions to answer on competition

The Albanese government this week announced a review of competition policy. At the same time, it is not able to convincingly explain its decision to refuse Qatar Airways’ bid to expand its flights to Australia.

The Guardian - AU

Australia’s growth to slow as workforce participation falls over coming decades

Treasurer Jim Chalmers says the government remains optimistic about the future despite big challenges detailed in latest intergenerational report

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