The Latest Breaking News from Jim Chalmers

Tax cuts to help households 'catch up' to rate rises

After a long wait and much political tussling, the stage three tax cuts are finally about to come into effect - and not a moment too soon.

AAP · Jun 29, 2024

ANZ’s $4.9 billion Suncorp takeover will now go ahead. Is the government sending mixed messages on business competition?

Two years after the deal was first announced, Treasurer Jim Chalmers has today given the green light for ANZ to acquire the banking arm of Queensland-based insurer Suncorp.

The Conversation · Jun 28, 2024

Budget surplus running at $18bn so far this year, Australian government data shows

May budget had previously predicted surplus of $9.3bn in 2023-24 but there has been earlier than anticipated payment of corporate taxes

The Guardian - AU · Jun 28, 2024

Families set to pocket more than $60 a week from stage-three tax cuts

Treasury analysis shows ‘mums and dads’ will be among the biggest beneficiaries when 1 July cuts kick in, Jim Chalmers says

The Guardian - AU · Jun 22, 2024

Tax cuts to see families pocket an extra $60 a week

The latest tax cuts will see families with children pocket more than $60 a week on average, Treasury analysis shows.

AAP · Jun 22, 2024

Dutton goes nuclear, proposing seven government-owned generators with the first starting in 2030s

Opposition leader Peter Dutton has announced seven sites for reactors, unveiling his long-awaited and highly-controversial policy for nuclear power with the claim it could start operating from the 2030s.

The Conversation · Jun 19, 2024

Peter Dutton names seven potential nuclear power station sites but avoids questions on cost

Coalition to push ahead with potential sites across Australia, but serious questions remain about viability and cost

The Guardian - AU · Jun 19, 2024

This month's ACT budget needs to deal with a thorny problem

The ACT budget will be handed down on June 25.

The Canberra Times · Jun 15, 2024

Win for dudded savers as banks forced to alert changes

A suite of changes to banking regulations should make it easier for customers to move to more competitive home loan and saving account offers.

AAP · Jun 14, 2024

Chalmers eyes soft landing amid budget criticism

The pressure on Australia's economy from higher interest rates justifies the decision not to deliver a "slash and burn" budget, Treasurer Jim Chalmers says.

AAP · Jun 11, 2024