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The Latest Breaking News from Jim Chalmers

Federal budget: Jim Chalmers flags intervention in energy market as prices surge

ACCC to review gas industry as Labor’s budget forecasts point to a 56% rise in power prices over the next two years

The Guardian - AU

Chalmers hasn't delivered a wellbeing budget, but it's a step in the right direction

It was billed as Australia’s first wellbeing budget. But, five months into a new government, with so many economic fires to fight, Treasurer Jim Chalmers’ first budget was never going to be that.

The Conversation

Australian voters were betrayed on energy prices, but not by Labor’s budget

Before things get totally hysterical over the next few days, let’s talk about what betrayal really looks like

The Guardian - AU

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

Budget restraint? When it comes to transport projects, it's hard to find

“Restraint” – that’s what Treasurer Jim Chalmers claimed as the watchword of Tuesday’s federal budget. Perhaps the claim can be made in general, but when it comes to transport infrastructure, the budget is remarkable not for how different it is to budgets past, but how similar. It has left plenty…

The Conversation

This was supposed to be a 'wellbeing budget' – so why does it feel like the arts have been overlooked?

The first Labor federal budget has come down, but the arts are almost nowhere to be seen.

The Conversation

Labor's 'sensible' budget leaves Australians short-changed on climate action. Here's where it went wrong

Treasurer Jim Chalmers last night delivered a budget he declared was “solid, sensible and suitable to the times”. But what does a sensible budget look like in a world that is fast running out of time on climate change?

The Conversation

Steadying foreign aid budget signals the government takes development seriously

On budget night in 2014, the Abbott government cut nearly $8 billion from Australia’s international development program, the largest-ever aid cuts. Programs in South-East Asia were cut by 30%. For a government obsessed with surplus, it was seen as a sort of political victimless crime. Yes, it would hurt foreigners,…

The Conversation

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Annual inflation rate rises to 7.3 per cent amid gas price surge

The annual inflation rate has risen to 7.3 per cent as surging gas prices add pressure to household budgets

Newcastle Herald

Business leaders welcome Hunter's budget 'success'

Newcastle Airport says it is "thrilled" to have funding for its new terminal building confirmed in Tuesday's federal budget, and the Hunter's peak business group has welcomed commitments to other large infrastructure projects.

Newcastle Herald

Federal budget sets up Murray-Darling Basin showdown

The government has announced a plan to buy back water from irrigators for the first time in a decade, setting up a showdown between stakeholders in the Murray-Darling Basin.

ABC News

Energy rebates ruled out as bills to surge

Treasurer Jim Chalmers says Australia can't afford to give rebates on huge electricity bills, despite some calls for them to be implemented.

AAP

Treasurer says Taylor’s fingerprints ‘all over’ energy policy chaos – as it happened

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The Guardian - AU

Morning mail: winners, losers and political fallout from the ‘no surprises’ budget; UK PM assembles cabinet

Wednesday: Treasurer Jim Chalmers warned power prices will rise next year and flagged the need for tax reform. Plus: ‘world’s dirtiest man’ dies

The Guardian - AU

Students cop cuts, as rorts and zombie plans axed with more than $20 billion saved

Tens of thousands of students will miss out on university fee discounts worth $36 million a year as Labor slashes some budget spending.

The New Daily

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The New Daily

Alan Kohler: Jim Chalmers delivers a responsible budget, with no repair and no relief

The last time a new government brought down its first budget, in 2014, it was a disaster for all concerned.

ABC News

Budget 2022: Treasurer details budget in Press Club speech, after yearly inflation hits highest point since 1990 — as it happened

The government warns of tough times ahead for families after delivering its first budget, with Treasurer Jim Chalmers saying inflation "will get worse before it gets better."

ABC News

What's in the federal budget for me? Here's a quick guide

Labor's first budget in almost a decade has been handed down — here's what you need to know about what's in it for you.

AAP

Slaying inflation dragon key: Chalmers

Jim Chalmers has begun the task of budget repair, even as households face power price spikes and lower real wages due to rising inflation.

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news in one place.

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AAP

Budget repair begins, tax reform is next

Labor has taken a big step towards budget repair but the harder work of serious tax reform has been deferred until further down the track.

ABC News

Jim Chalmers just handed down his first federal budget, but did he get his facts straight?

Did the Treasurer get his facts straight in Labor's first budget speech in a decade? RMIT ABC Fact Check investigates.

The New Daily

Federal budget 2022: Here’s what’s in it for you

Treasurer Jim Chalmers has handed down Labor's first budget since the election, making good on a range of election pledges.

Pedestrian.tv

Labor’s Dropped Its First Federal Budget In A Decade So Here Are 6 Takeaways For Young Aussies

Labor's flagged the budget as "responsible" - but it's still going ahead with those tax cuts.

The Conversation

Everything you need to know about Labor's first budget in 6 charts

This Budget makes hard decisions for hard times.

The Guardian - AU

Six graphs that explain the 2022 federal budget: rosy views mugged by reality

Australian treasurer Jim Chalmers’ main economic message is enjoy today because tomorrow is going to be tough

The Guardian - AU

Jim Chalmers’ first budget comes amid a darkening economic outlook. Here’s what could go wrong

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

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