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The Latest Breaking News from Jim Chalmers

Economy weakens as rising costs take toll on households

The Australian economy almost came to standstill last quarter, with clear signs of financial pain in the household sector.

AAP

Jim Chalmers open to clean energy investment reforms pushed by super funds

Treasurer says government ‘committed to consider’ proposals, including concessional finance to bankroll new transmission infrastructure

The Guardian - AU

Government taps private investors for net zero, defence

Jim Chalmers will consider a number of ideas raised at a roundtable with some of Australia's largest investors to boost energy, defence and social support.

AAP

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Hints of cooling inflation as next rates call looms

Aggressive interest rate hikes are working to slow the economy, timely measures of price movements and the jobs market suggest.

AAP

Superannuation access for retirees goes under spotlight

Treasurer Jim Chalmers has released for public consultation a discussion paper on how to make superannuation more accessible and workable for retirees.

AAP

Scammer paid Facebook 7c per view to circulate video of deepfake Jim Chalmers and Gina Rinehart

Video is designed to appear like A Current Affair interview and features altered versions of treasurer and rich listers

The Guardian - AU

Jim Chalmers welcomes OECD prediction RBA has reached interest rate peak

Federal treasurer downplays prospect of posting a second successive budget surplus

The Guardian - AU

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Chalmers open to talks with states on GST

Ahead of a treasurers' meeting, Jim Chalmers says he will work with the states to ensure they get a fair share of goods and services tax revenue.

AAP

Reserve Bank board shake up outlined in new laws

The federal treasurer has introduced legislation that will underpin the biggest set of reforms at the Reserve Bank in decades.

AAP

Governments have been able to overrule the Reserve Bank for 80 years. Why stop now?

Pay close enough attention to parliament these next few days, and you’re likely to witness something truly remarkable: politicians from both sides of politics uniting to remove the power of politicians to overrule the Reserve Bank.

The Conversation

Meet Andrew Hauser, the outsider from the UK who'll be deputy governor of the RBA

In a significant step towards reforming Australia’s Reserve Bank, Treasurer Jim Chalmers has stepped outside the bank and outside of Australia to select Andrew Hauser, a British economist, as its new deputy governor.

The Conversation

Most voters now disapprove of Anthony Albanese’s performance as PM, Guardian Essential poll finds

Survey suggests Australians want more action on cost of living and only 20% think the stage-three tax cuts should go ahead

The Guardian - AU

Jim Chalmers appoints outsider and former Bank of England executive director as deputy RBA governor

Rare appointment of outsider Andrew Hauser to senior position comes after review found bank should encourage ‘diverse viewpoints’

The Guardian - AU

Borrowers may wish the government could overrule the RBA but Australia is not Argentina or Turkey

Central banks must be credible to be effective and that means separating rates decision-making from short-term government priorities

The Guardian - AU

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The Guardian - AU

Crossbench MPs question family violence response – as it happened

This blog is now closed.

AAP

UK central banker nabbed to take over as RBA deputy

Bank of England's Andrew Hauser will be the next deputy governor of Australia's central bank, bringing a "fresh, global perspective" to the key institution.

Newcastle Herald

Rising Tide action: If Albanese won't stand up to polluters, the people will

Simmering tension has been created by fossil fuel companies that profit at the world's expense.

AAP

'Too permissive' merger rules eyed for reform

The federal government is taking a look at merger rules to ensure they are not weighing on competition and allowing firms to charge higher prices.

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AAP

Can Australia be more than backup for big tech?

A tech giant has its eyes on Aussie talent and warns governments against thwarting emerging players who may already be coding the future.

The Conversation

Grattan on Friday: When Labor states don't dance to the Albanese government's tune

It’s helpful for the Albanese government to have all mainland states in Labor hands – but only up to a point.

The Independent UK

Australian central bank lifts benchmark cash rate to 4.35% with 13th hike

Australia’s central bank has lifted its benchmark interest rate for the first time since June with a quarter percentage point hike that brought the cash rate to a 12-year high of 4.35%

The Guardian - AU

Scrap stage-three tax cuts to fight inflation rather than cut infrastructure funding, Queensland says

Deputy premier Steven Miles says it’s ‘too late’ to cancel projects and any effect on demand is likely to be years away

AAP

Photo finish looms for Melbourne Cup interest rate call

Australian borrowers could be hit with another interest rate hike at a closely run Melbourne Cup Day cash rate call.

The Guardian - AU

Labor accused of ‘dragging feet’ on reinstating program that monitors airlines for potential price-gouging

Opposition says there’s ‘no excuse’ for further delays on the government reviving the ACCC flight monitoring regime

The Conversation

Grattan on Friday: Treasurer Jim Chalmers pumps up his role in energy transition

Jim Chalmers – as if he doesn’t have enough on his plate – is marching into the centre of energy policy.

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