The Latest Breaking News from Jim Chalmers

Treasurer appoints two new Reserve Bank board members

Former workplace umpire Iain Ross and corporate director Elana Rubin have been appointed to the board of the Reserve Bank of Australia.

AAP · Apr 20, 2023

RBA shake-up promises board representation for workers, with focus on full employment and fighting inflation

Sweeping changes to Reserve Bank of Australia give equal weighting to employment and inflation, and mandate greater transparency

The Guardian - AU · Apr 20, 2023

RBA overhaul to put board members in spotlight

A major overhaul of the Reserve Bank will see a new board for setting interest rates that's more accountable and holds fewer meetings.

The New Daily · Apr 20, 2023

Reserve Bank renovation to split responsibility

Two separate boards will be responsible for governance and interest rates in a major overhaul in response to a review of the Reserve Bank of Australia.

AAP · Apr 19, 2023

The stage-three tax cuts are bad economic policy – and a dumb political strategy, too

Does Labor think they will get credit for ‘fiscal responsibility’ from a shameless opposition that implemented the cuts in the first place?

The Guardian - AU · Apr 19, 2023

RBA to have separate rate-setting panel but inflation target expected to remain

First full review for decades recommends raft of changes including splitting the board into two to enable more focus on how interest rates are decided

The Guardian - AU · Apr 19, 2023

Reserve Bank to have two boards after overhaul by inquiry

The long-awaited independent review of the Reserve Bank commissioned by Treasurer Jim Chalmers will be released on Thursday, with the treasurer already flagging in-principle agreement with all its recommendations.

The Conversation · Apr 19, 2023

Labor to announce in-principle support for RBA review's recommendations, establish two new boards

Treasurer Jim Chalmers is set to release the highly anticipated review into the Reserve Bank of Australia on Thursday and to announce that the government has given in-principle support to all of its recommended changes.

ABC News · Apr 19, 2023

Raising dire JobSeeker rates looms as a character test for Albanese government

Government faced with growing warnings that not substantially lifting welfare payments in the budget will be to fail a test of its character.

The New Daily · Apr 19, 2023

Boosting JobSeeker is the most effective way to tackle poverty: what the treasurer's committee told him

Federal Treasurer Jim Chalmers and Minister for Social Services Amanda Rishworth established an Economic Inclusion Advisory Committee in December 2022 to advise the government on ways to lift economic inclusion and reduce disadvantage.

The Conversation · Apr 19, 2023