The Latest Breaking News from Jim Chalmers

Treasurer Jim Chalmers tells ABC's Q+A that he intends to tackle the rising cost of power prices by Christmas as he defends the budget and plays down the fears of Australians about a recession.

Anthony Albanese leaves late next week for another round of international diplomacy, starting with the East Asia Summit in Cambodia, followed by the G20 in Indonesia, and APEC in Thailand.

Shadow treasurer describes the policy as the greatest ‘marker of values in this term of parliament’

A Newspoll, conducted October 27-30 from a sample of 1,500, gave Labor a 55-45 lead, a two-point gain for the Coalition since the last Newspoll in early September. Primary votes were 38% Labor (up one), 35% Coalition (up four), 11% Greens (down two), 6% One Nation (down one), 1% UAP…

Increases in electricity and gas prices are less to blame for the cost-of-living squeeze than many other components. Here’s why

Australia’s central bank has boosted its benchmark interest rate for a seventh consecutive month to a nine-year high of 2.85%

Contentious parts of the Albanese government's proposed workplace reforms are unlikely to be split off to make the laws pass parliament sooner.

Survey after Jim Chalmers’ first budget suggests people pessimistic about economic outlook amid cost-of-living pressures

Longtime Labor supporter says Plibersek told him she disagreed with the decision to keep tax cuts legislated by former Coalition government