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The Latest Breaking News from Jim Chalmers

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 Conversation

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

The Guardian - AU

Question time chaos – as it happened

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The Guardian - AU

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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.

The Conversation

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.

Newcastle Herald

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 Guardian - AU

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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 Conversation

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

The Guardian - AU

A very different country: 2060s Australia as seen by the Intergenerational Report

The Australia of the 2060s will be very different from the one we know today. It will be older, with slower economic growth, a big “care” economy, and an export sector that is radically transformed due to the imperatives of climate change.

The Conversation

Treasurer releases intergenerational report – as it happened

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The Guardian - AU

If you are really worried about the next generation, the only thing that matters is climate change

The only thing the current generation absolutely needs to do for the next generation is stop burning fossil fuels as quickly as possible

The Guardian - AU

Massive economic pain for Australia if temperature rises exceed 2C, intergenerational report predicts

Report says hundreds of billions of dollars and millions of work hours in productivity are at risk due to hotter conditions

The Guardian - AU

Cost-of-living crisis: Albanese government launches taskforce to review competition in bid to ease pressures

Panel’s appointment comes as Woolworths reports rise in net annual earnings to $1.6bn, a day after Coles posts $1.1bn profit

The Guardian - AU

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The Guardian - AU

Australia to spend less on age pension despite doubling of retirees, intergenerational report shows

Australia on track for pension payments to shrink from 2.3% of GDP to 2% by 2062-63 as superannuation balances balloon

The Conversation

Age pension cost to ease by 2060s but super tax breaks to swell: Intergenerational report

Australia’s comprehensive superannuation system means spending on the age pension will decline as a proportion of GDP by 2062-63 despite a doubling of Australians aged 65 and over, according to the government’s Intergenerational Report to be released on Thursday.

The Guardian - AU

New water plan announced – as it happened

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The Conversation

Intergenerational report to warn of slow growth and pressures on revenue

New extracts released ahead of the government’s Intergenerational Report show it warns Australia’s economy will grow more slowly in the coming 40 years than in previous decades.

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The Conversation

The intergenerational report will prepare us for 2063 – but what exactly is it?

Treasurer Jim Chalmers is preparing to release the Treasury’s sixth Intergenerational Report on Thursday.

The Guardian - AU

Senator responds to report – as it happened

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The Conversation

'Care' economy to balloon in an Australia of 40.5 million: Intergenerational Report

Australia’s care economy could increase from its present about 8% of GDP to about 15% in 40 years, according to the government’s Intergenerational Report, to be released by Treasurer Jim Chalmers on Thursday.

The Guardian - AU

Last decade saw Australia’s lowest productivity growth in 60 years, intergenerational report says

Labor to lay out new economic growth plans in response including focus on digital technologies and aiming to become a ‘renewable energy super power’

The Guardian - AU

Intergenerational report reveals spending in key areas to blow out to half Australian budget by 2063

Health, aged care, NDIS, defence and interest payments will grow from one-third of government spending over next four decades

The Conversation

Grattan on Friday: Albanese is determined to keep Labor’s eyes firmly focused on a second term

Labor is less than halfway into its first term, but Anthony Albanese is focused, laser-like, on its second one. Securing it, that is.

The Guardian - AU

Opposition refers minister to Ibac – as it happened

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