The Latest Breaking News from Jim Chalmers

There’s a glorious irony that a surplus, after so many deficits, attracted such little attention

Will the budget make inflation worse? Are its boosts to welfare payments just the first step for the Labor government? Could the projected one-off surplus be followed by another one or more? What (if any) of the budget measures will the Coalition oppose? There’s quite a bit about this budget…

Angus Taylor repeats claims budget may have increased chances Reserve Bank will further increase interest rates

Labor’s budget criticised as Coalition and Greens say there is not enough cost-of-living help

Cartoons of treasurer Jim Chalmers dominated front pages, while the budget works ‘a Chalm’ for the voter featured on the Daily Telegraph

Treasurer Jim Chalmers has defended his second budget as offering "meaningful relief to households" – while not contributing to inflation.

While the 2023 budget is unlikely to budge the RBA, experts are watching for inflationary pressure from a population boom and energy prices

The government has injected $2 billion into green hydrogen through the federal budget amid fears Australia is falling behind in the race to become a renewable energy superpower.

Cost of living measures helping struggling Australians with soaring energy and health costs in Labor's second budget may be supported by the coalition.

Australia's Labor government said on Wednesday the billions in cost-of-living relief unveiled in the federal budget for families and businesses will not worsen inflationary pressures and put more pressure on the central bank to lift rates further.

PM cites increased workload for staff of all political stripes while treasurer points to ‘well-publicised court cases’ as motivation