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The Latest Breaking News from Jim Chalmers

View from The Hill: Budget 'centrepiece' will be $14.6 billion cost-of-living package

A $14.6 billion four-year cost-of-living package will be the centrepiece of Labor’s second budget, which seeks to balance spending restraint with its election commitment to not leave people behind.

The Conversation

Budget to contain $14.6bn in cost-of-living relief amid hopes of broader jobseeker rise

Treasurer Jim Chalmers says support won’t be limited by age, as reports suggest a small jump in jobseeker base rate

The Guardian - AU

Budget 2023-24: What we know so far, before Treasurer Jim Chalmers’ speech

Treasurer Jim Chalmer’s second federal budget will be unveiled on Tuesday, with cost of living relief at the top of the agenda.

The New Daily

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Relief on the way from soaring power bills

Millions of people are in line for energy bill relief in the budget as the government promises hundreds of dollars in savings

The New Daily

Chalmers confirms millions to receive up to $500 in energy rebates in Tuesday budget

Amount received will depend on location, treasurer says, but no comment on calls to increase jobseeker base rate

The Guardian - AU

Tasmania pushing to fast-track new AFL stadium; Chalmers slip hints at budget surplus – as it happened

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The Guardian - AU

Producers welcome Treasurer’s budget tweak to petroleum resource rent tax

An overhaul of the petroleum resource rent tax will help get Australia's finances back on track, Treasurer Jim Chalmers says.

The New Daily

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Millions to receive up to $500 in energy bill relief at federal budget, as Treasurer flags broader cost of living support

In this week's federal budget, up to $500 in assistance will go to millions of households to help pay energy bills as part of a wide-ranging cost of living package.

ABC News

Federal budget: Labor to collect billions more in petroleum resource rent tax

Treasurer Jim Chalmers and finance minister Katy Gallagher announce changes ahead of budget tipped to be at or near surplus

The Guardian - AU

Extra billions flowing into budget but real wages not tipped to grow for another year

Workers will have to wait another year before their wages outstrip the rising cost of living, according to Treasury forecasts to be released next week.

ABC News

Workers to get real wage lift ahead of schedule

Australian workers can expect to see their pay packets growing faster than consumer prices by early next year. An improvement in real wages, which

The New Daily

Labor may be ‘vindicated’ by the budget, but a surplus would be cold comfort for those grappling with the cost of living

Jim Chalmers is balancing talk of the S-word with the promise of ‘responsible economic management’. What does that mean for those who most need support?

The Guardian - AU

Jim Chalmers promises cost-of-living relief for all ages as speculation on surplus intensifies

Housing affordability, clean energy and ‘place-based’ responses to poverty major priorities in Albanese government’s budget

The Guardian - AU

Budget shows real wages expected to start growing early next year and promises effort to 'shift the needle' in disadvantaged communities

Real wages are expected to start growing slightly earlier and grow more strongly than previously forecast, according to the latest Treasury estimates.

The Conversation

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The New Daily

‘Disappointing’: Big banks post huge profits, but leave savers behind

Some of Australia’s big banks are posting gargantuan profits this week as rising mortgage bills fatten their coffers.

The Guardian - AU

Jim Chalmers attacks ‘coalition of weirdos’ as Labor pushes Senate to vote on housing fund next week

Treasurer says budget will include ‘additional measures’ to help renters as Greens launch last-ditch bid to restart negotiations

The Guardian - AU

ParentsNext has finally been axed but it remains to be seen if other punitive programs will be abolished

Its abolition was long overdue and the Albanese government is to be commended for heeding the calls of experts and advocates

ABC News

Queensland coal projects cancelled over failure to provide environmental impact information

The federal Environment Minister cancelled two projects over the failure of proponents to provide information on environmental impacts, which was requested over many years.

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ABC News

Treasurer Jim Chalmers insists nation's most vulnerable will be supported in federal budget

Treasurer Jim Chalmers says he has not forgotten the nation's most needy as he prepares to hand down next week's budget which is expected to have a strong focus on cost of living support.

The Guardian - AU

Opposition leader says no federal intervention needed – as it happened

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The New Daily

Treasurer reveals ballooning cost of Liberals’ ‘parting gift to the country’

The total interest bill on federal government debt is expected to add up to about $110 billion over the next five years — about $700 a second. This is

The Guardian - AU

$60m a day: soaring interest bill on Australia’s debt eclipses cost of childcare or infrastructure

Jim Chalmers says $112bn cost over five years is one of fastest growing pressures on budget, blaming Coalition for the ‘mess’ it left

The Conversation

Grattan on Friday: Albanese enjoys London limelight while Chalmers sweats in budget spotlight

The timing of history. How Anglophile and monarchist Tony Abbott would love to have been the prime minister attending the coronation. To say nothing of John Howard, a key figure in fending off an Australian republic in 1999.

The New Daily

Give rate rises to savers too, Treasurer tells banks

Treasurer Jim Chalmers has urged banks to pass on the latest interest rate hike to savers without delay.

ABC News

Nurses union fears nursing homes won't pass on 'historic' $11.3 billion budget commitment to boost aged care wages

The nurses union warns the aged care sector has form when it comes to avoiding paying wage rises, and says the government must oblige providers to pass on a historic 15 per cent pay increase to all workers, not just those on award rates.

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