The Latest Breaking News from Jim Chalmers

The federal budget forecasts growth of 3.25% this year but hints at a slowing global economy with high inflation and interest rates

Labor’s 2022 budget is about a new government starting as it means to continue, then crossing its fingers and hoping continuing like that is actually possible

Jim Chalmers promised a “bread-and-butter” budget, but he is unlikely to have disappointed Labor’s faithful by delivering it.

Jim Chalmers has just handed down the new government's first budget. Here's who wins, and who loses.

Treasurer Jim Chalmers has handed down Labor’s first budget in almost a decade, saying it provides “responsible, not reckless” cost-of-living relief. Amid

Treasurer flags need for tax reform to put economy on more sustainable path and further intervention in energy sector amid soaring prices

Terrified by the prospect of further stoking the worst inflation in three decades, Treasurer Jim Chalmers and Finance Minister Katy Gallagher have delivered a budget that takes out of the economy about as much as it pumps into it.

Jim Chalmers’ inaugural budget plants its feet as solidly as possible in the shifting sands of difficult and unpredictable international and local conditions.

Record budget funding for landmark energy reforms is intended to steady the electricity grid and encourage investors to bankroll Australia's net zero future.

Addressing skills shortages is the government's key budget focus to assist business, with tax stings in store for some multinationals, cash-in-hand businesses and investors.

Treasurer Jim Chalmers told reporters on Tuesday his first budget was “the beginning of something new and responsible”.