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The Latest Breaking News from Jim Chalmers

Minimum wage tops $1000 a week, stoking inflation fears

Millions of workers on industry awards will get an annual pay rise and minimum wage earners even more, but economists warn the raises could fuel inflation.

AAP

Jim Chalmers says falling auction clearance rates a ‘good thing’ for first home buyers

Auction success hit a new low for the year on the last Saturday in May, with just 54.5% of homes sold

The Guardian - AU

Afternoon Update: Chalmers says auction decline a ‘good thing’ for new buyers; Abbott downplays One Nation surge; and an amateur pianist’s big moment

Chalmers was asked about the decline in auction clearance rates that follows tax changes announced in his budget last month

The Guardian - AU

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