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The Latest Breaking News from Jim Chalmers

More interest rate increases are warranted, says IMF

Australia's economy is tracking toward a soft landing but the International Monetary Fund envisions more cash rate increases in 2023.

AAP

Alan Kohler: The RBA is fighting for its purpose … and its life

Let’s have a sort of “upper-level extension” to the RBA in the fight against inflation, writes Alan Kohler.

The New Daily

Business sector has driven shift to ‘values-based capitalism’, Jim Chalmers says

Treasurer hits back at criticism of his essay that championed co-investment and economic inclusion

The Guardian - AU

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Humanising capitalism: Jim Chalmers designs a new version of an old Labor project

Treasurer Jim Chalmers begins his Monthly essay “Capitalism After the Crises” with a quote from the ancient Greek philosopher Heraclitus: “No man ever steps in the same river twice. For it’s not the same river, and he’s not the same man.”

The Conversation

Treasurer woos global investors who share his values

Treasurer Jim Chalmers is leaning on superannuation funds and global connections to power Australia's push to rewire homes and industries with clean energy.

AAP

Global growth outlook slightly healthier, says IMF

The outlook for the global economy has improved marginally, with inflation likely past its peak and trending down over 2023 and 2024.

AAP

Politics with Michelle Grattan: Treasurer Jim Chalmers answers critics of his 'values-based capitalism'

Treasurer Jim Chalmers has rejected as “laughable” criticism he has turned his back on the Hawke-Keating reform era in his blueprint for “values-based capitalism”.

The Conversation

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More mortgage pain to become reality

Finance Minister Katy Gallagher says it will be a tough year for hundreds of thousands of people coming off fixed mortgage rates and on to higher variable ones.

AAP

We need values-first capitalism: Chalmers

The federal treasurer has called for a new economic order that's more aligned with Australia's values and more resilient to back-to-back shocks.

AAP

Jim Chalmers says May budget to have ‘much bigger focus’ on tackling entrenched disadvantage

Treasurer says ‘best way to shift the needle’ is to ‘find out where those challenges are most acute’, and ‘this is something I care deeply about’

The Guardian - AU

Jim Chalmers lays out agenda for pursuit of 'values-based capitalism'

Treasurer Jim Chalmers has laid out an economic blueprint for pursuing “values-based capitalism”, involving public-private co-investment and collaboration and the renovation of key economic institutions and markets.

The Conversation

Treasurer Jim Chalmers furious former PwC partner leaked confidential government briefings

Jim Chalmers says there was a breach of trust when a former partner at consulting firm PricewaterhouseCoopers leaked confidential government briefings to the firm's staff and partners.

ABC News

Afternoon Update: Inflation may have peaked at 7.8%; new PM in NZ; and South Australians eating endangered flake

Economists say the RBA will likely continue to hike rates in the short term despite inflation reaching peak

The Guardian - AU

Jim Chalmers ‘furious’ after former PwC tax adviser found to have shared confidential government briefings with staff

Treasurer vows to ‘throw the book’ at people responsible for breach after unauthorised disclosures of multinational tax consultations

The Guardian - AU

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AAP

Treasurer 'ropeable' about tax secret leak

Jim Chalmers has slammed a consultancy giant for breaching the government's trust by circulating confidential information.

The Guardian - AU

Senator may go against party room on voice – as it happened

This blog is now closed

AAP

Annual inflation hits 7.8 per cent

Official inflation figures show inflation hitting 7.8 per cent as cost-of-living pressures continue to weigh on household budgets.

AAP

Recession fears if interest rates hiked

Deloitte Access Economics warns Australia could fall into a recession if the central bank lifts interest rates again, with households already hurting.

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AAP

Canberra to work closely with new NZ PM

Australia and New Zealand will continue to build on their relationship once new Kiwi prime minister Chris Hipkins is officially sworn in.

AAP

Treasurer hopes worst of inflation is over

Treasurer Jim Chalmers has flagged further cost-of-living relief for Australian households struggling to cope with soaring prices.

The Guardian - AU

Australia is banking on China’s economy to take off but headwinds are looming

The Albanese government is wary of Chinese economic volatility amid a slumping property sector and shrinking population

AAP

Power price spike to be less than expected

Treasury forecasts indicate wholesale electricity prices won't rise as high as earlier predicted after the government imposed a gas price cap.

The Guardian - AU

Australians to save $230 on electricity bills next financial year as wholesale prices fall

Treasurer Jim Chalmers says the saving is a sign the government’s plan to cap prices is ‘starting to make a difference’.

AAP

Calls for JobSeeker rise in May budget

Pressure is growing on the government to lift income support payments for job seekers in the May budget as living costs soar.

AAP

Alarm grows over Aussie's death sentence

Sydney man Majid Kazemi has been sentenced to death after the Iranian regime accused him of being involved in the deaths of government militia members.

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