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The Latest Breaking News from Jim Chalmers

COVID isolation payment on track to resume

Australian workers unable to go to their jobs due to COVID will be able to claim $750 from Wednesday as isolation payments resume.

AAP

Rising profits behind inflation

A new report has found rising wages have contributed little to increasing inflation levels, with corporate profits largely to blame.

Crikey

COVID-19 isolation requirements stay: PM

The seven-day isolation period for people with COVID-19 will remain but workers unable to go to their jobs will be able to claim $750 from Wednesday.

Crikey

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Case numbers drop but hospitalisations soar

The ACT recorded 956 new COVID-19 cases in the 24 hours until 8pm Saturday.

The Canberra Times

Federal Treasurer says calls to apologise over pandemic leave payments are 'ridiculous'

Treasurer Jim Chalmers has put his weight behind Prime Minister Anthony Albanese amid mounting criticism over ending pandemic leave payments.

ABC News

Investors monitor RBA on rates, inflation

Speeches by Reserve Bank officials and consumer confidence data will be scrutinised for pointers to the fate of interest rates and inflation.

Crikey

Warning ahead of likely inflation rise

The treasurer has warned families could be in for a tough economic time in coming months, ahead of a likely rise in the inflation level.

Crikey

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Possible sanction ease ‘welcome’: Chalmers

Treasurer Jim Chalmers has called on China to ease all sanctions on Australian goods amid reports a ban on coal exports could end.

Crikey

Chalmers takes Pacific focus in G20 speech

Treasurer Jim Chalmers has told global finance ministers climate change is the single greatest threat to Australia’s Pacific partners.

Crikey

Labor is holding a jobs summit in September. Here’s what it hopes to achieve

The Albanese government has confirmed it will hold a Jobs and Skills Summit on September 1-2 as part of a longer-term plan to deliver a new jobs policy.

The New Daily

Western nations condemn Russia over Ukraine at G20 Indonesia talks

Bali (Indonesia) (AFP) - Western finance chiefs condemned Moscow's invasion of Ukraine at G20 talks in Indonesia Friday, accusing Russia of sending a "shockwave" through the world economy and its technocrats of complicity in the war's alleged atrocities.

AFP

World faces ‘dangerous phase’: Chalmers

The Australian government has again criticised Russia’s invasion of Ukraine and blamed it for causing global economic, food and energy insecurity.

Crikey

PM’s cut of $750 pandemic payment shows he’s jumped the wrong way

Penny wise and pound foolish: cutting pandemic leave payments for workers without sick leave is counterproductive when COVID is surging.

Crikey

New COVID wave set to peak by month's end

The new COVID-19 wave spreading across the country is set to reach its peak by the end of July, as the government unveils its winter plan for aged care.

AAP

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Crikey

COVID-19 providing ‘real challenges’: PM

The prime minister says he will work closely alongside states and territories to help mitigate the spread of COVID-19 during the winter surge.

The Guardian - AU

Small number of Australian petrol stations investigated for not passing on fuel excise price cut

Consumer watchdog says most locations relayed 20c cut to motorists, while treasurer confirms concession still likely to end on 28 September

ABC News

TikTok admits Australian data can be accessed in China, prompting warnings app may be compromised

TikTok is adamant it would never hand over Australian user data to the Chinese government but, after admissions that data can be accessed in China, federal politicians warn the app could be compromised.

The Conversation

Australia is getting a wellbeing budget: what we can – and can't – learn from New Zealand

Federal Treasurer Jim Chalmers has confirmed Australia will follow Aotearoa New Zealand’s example and put wellbeing at the centre of the national budget.

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AAP

Treasurer defends end of free RAT scheme

Treasurer Jim Chalmers says the federal government can't continue to give free COVID-19 rapid antigen tests for concession card holders indefinitely.

ABC News

Government eyes increase to skilled migration, but says it won't be the simple fix to Australia's labour woes

Australia's Treasurer Jim Chalmers says he is in discussions with business about a temporary increase to the nation's skilled migration intake, as the sector lobbies for 200,000 visas to be offered to address labour shortages.

AAP

Migration lift not only jobs fix: Chalmers

Treasurer Jim Chalmers says a boost to migration is not the only solution to fixing skills shortages across the country.

The Conversation

Women's job opportunities in the spotlight at Albanese's summit

Ensuring equal opportunities and pay for women is one of the wide range of topics laid down for the federal government’s jobs summit, to be held September 1-2.

ABC News

Global oil prices have slumped, yet petrol price relief is uncertain

The global oil price slump does not necessarily mean you will pay less to fill your tank.

Crikey

Federal budget to measure ‘what matters’

Treasurer Jim Chalmers is working on a special statement looking beyond traditional economic measures to be included in his first federal budget.

ABC News

Climate modelling abandoned by Abbott nine years ago reinstated by Labor government

For almost a decade under the former Coalition government, Treasury did not model the economic impacts of climate change. The new government is ordering the practice to be resumed.

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