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The Latest Breaking News from Jim Chalmers

Paul Keating warns treasurer not to remove government's power to override RBA decisions

Former prime minister Paul Keating says it would be an error for the Parliament to remove a power that allows the government to overrule the Reserve Bank's actions.

ABC News

Buy local, regional newspapers urge Albanese government

The message is appearing in 330 newspapers this week

Newcastle Herald

Premier targets healthcare ahead of national cabinet – as it happened

This blog is now closed.

The Guardian - AU

From analysis to the latest developments in health,
read the most diverse news in one place.

More Australians forced out of homes as rental housing affordability crisis rages on, Anglicare report shows

At 58, Dawn Dowling has been forced to move in with a friend, as an annual snapshot from Anglicare of rental affordability in Australia paints a grim picture.

ABC News

Alan Kohler: Something strange and sad is happening to the Labor Party

Something strange and sad has happened to Labor. The policy courage of Whitlam, Hawke and Keating has been replaced.

The New Daily

Labor should use its ‘power for the people’ and lift jobseeker, former RBA governor says

Bernie Fraser has joined the chorus of calls to raise rates as Labor MP warns ‘we may not get a second chance’

The Guardian - AU

‘Considerable’ numbers of Labor MPs join push to raise JobSeeker

Economists, anti-poverty advocates and Labor MPs are among those calling on the government to raise the “cruel” rate of JobSeeker.

The New Daily

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Workers should be on the Reserve Bank of Australia’s board

These representatives bring expert knowledge of how the real economy works and labour market operations. Workers must have a say.

The New Daily

Jim Chalmers promises cost-of-living relief in budget but won’t commit to raising jobseeker

Treasurer says government’s focus remains on jobs, as CEO of Acoss says increasing unemployment benefit still a ‘live debate’

The Guardian - AU

Tax shield on super gas profits leaves Australians looking like 'chumps', economist says

It was once described as world-leading, but calls are growing louder for changes to Australia's super gas profits tax amid claims it is collecting "beer nuts".

ABC News

A bastard's tale worthy of the Anzac legend

Apart from its historical significance, it's a rollicking good yarn.

Newcastle Herald

Albanese, Hipkins toast trans-Tasman renewal over snags

Anthony Albanese met with New Zealand Prime Minister Chris Hipkins on Sunday after momentous changes to Australian citizenship for Kiwis.

AAP

Labor promises to ‘grab this opportunity’ to become renewable energy superpower

‘To see this at the heart of government planning is an overwhelming relief,’ Energy Council says, while investors warn of impact from US energy package

The Guardian - AU

Labor pours cold water on increasing jobseeker – leaving progressive voters scratching their heads

Labor may be correct that it can’t solve poverty in one budget, but it has no excuse not to begin the process

The Guardian - AU

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The New Daily

The Treasurer has great ideas, but barely a chance to them into action

The Treasurer's upcoming budget will be difficult. So difficult that it’s unlikely to see any reforms to rein in spending or grow revenue .

The New Daily

Crackdown on businesses faking clean energy credentials

Treasurer Jim Chalmers has announced a crackdown on companies over-egging their clean energy credentials as the government boosts investment in renewables.

The New Daily

Coalition, Labor at odds over RBA board appointments

As the Albanese government seeks to enact the recommendations of a review of the Reserve Bank, the coalition has queried two new appointments.

The Guardian - AU

Morning Mail: NSW left behind on drug policy, Gorgon carbon capture fail, SpaceX rocket blows up

Queensland’s move to three-strike system for minor drug possession leave NSW isolated; emissions shoot up 50% at huge gas project; Elon Musk says spacecraft test was ‘exciting’

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news in one place.

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The Guardian - AU

Advice on voice a ‘cynical political tactic’ to confuse voters, Coalition claims – as it happened

This blog is now closed

The New Daily

Madonna King: The world has evolved, and that’s why the RBA should too

Jim Chalmers’ in-principle support for the recommendations released in yesterday’s review of the RBA is also welcome.

AAP

Reserve Bank to keep close eye on jobs and inflation

The Albanese government will enact the recommendations of a review of the Reserve Bank, to ensure it focuses on full employment and inflation.

The New Daily

Reserve Bank revolution: Jim Chalmers reshapes the RBA for the 21st century

The scale of the RBA changes recommended by the review is large – there is an entire section devoted to a year-long implementation process.

The Conversation

Grattan on Friday: The government invited ambit claims for the budget and now it will be judged against them

Budgets are for stakeholders and interest groups like Christmas is for kids. They’re preceded by a multitude of letters to “Santa”, aka the treasurer, in the run-up.

ABC News

What does the Reserve Bank of Australia review mean, and how will it affect interest rates and mortgage payments?

A scathing review of the Reserve Bank of Australia is set to deliver a shake-up of the central bank not seen in a generation. Here's what it means for interest rates, your mortgage, and RBA governor Philip Lowe.

The Guardian - AU

Afternoon Update: Lowe responds to RBA shake-up; rare solar eclipse in images; and K-pop star dies at 25

RBA governor welcomes review of central bank as treasurer announces all 51 recommendations will be implemented

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