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The Latest Breaking News from Jim Chalmers

Labor hints at more controls on energy sector – as it happened

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The Guardian - AU

Morning mail: Rishi Sunak new UK PM, budget to show boost to bottom line, Medibank hack details revealed

Tuesday: Sunak will be Britain’s next leader after no other candidate won enough support from fellow MPs. Plus: how to keep a friend spoiler-free – by lying

The Guardian - AU

Paul Bongiorno: A budget to reset the big arguments

The Albanese government tells us it has taken to heart the admonition that those who fail to learn from history are doomed to repeat it.

The New Daily

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Here's what we know about the Albanese government's budget

Treasurer Jim Chalmers has spent the last few months lowering voters' expectations about this budget, saying it can't be a spend-athon.

ABC News

Chalmers braces for budget belt tightening

Treasurer Jim Chalmers has unveiled a budget that includes cost of living relief and down payments on election promises, but warns of hard decisions to come.

AAP

Budget and workplace laws centre stage

Treasurer Jim Chalmers will deliver his first budget this week, while proposed workplace relations and data breach laws will also be introduced to parliament.

AAP

Treasurer Jim Chalmers expected to reveal a $40 billion improvement to the federal budget bottom line

Treasurer Jim Chalmers says his first budget will show a multi-billion-dollar improvement on forecasts from the previous government's budget.

ABC News

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Budget deficit this financial year to be $36.9 billion

Treasurer Jim Chalmers has said the budget bottom line will be more than $40 billion better over the four-year forward estimates in total than previously forecast.

The Conversation

Treasurer to deliver a $42 billion dent to budget deficit

Treasurer Jim Chalmers will deliver on election commitments but emphasise spending restraint and preserving an improved fiscal position.

The New Daily

Budget deficit to halve this financial year but spending pressures mean boost will be short-lived

Jim Chalmers’ first budget to reveal $42bn improvement to bottom line across forward estimates but conditions will deteriorate after two years

The Guardian - AU

Australian budget 2022 preview: what we know so far

Treasurer Jim Chalmers is promising a ‘solid, simple and sensible’ federal budget for the times. Here’s a summary of what has already been flagged on spending, savings and tax

The Guardian - AU

What do you want to know about the federal budget and how it affects you? Ask a question or share your story

Do you have questions about the federal budget or are you concerned about how it affects you? Tell us more

ABC News

Why are we having a fourth budget in two years?

Budgets are typically handed down once a year in May but the last few years have seen the budget timetable thrown out the window and the financial plans delivered at all different times of the year. Here's why.

ABC News

PM says ‘family-friendly’ budget will tackle cost of living pressure – as it happened

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The Guardian - AU

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The Conversation

Imagine if each of us could direct where our taxes were spent. Meet TaxTrack

Ahead of this week’s budget, Treasurer Jim Chalmers says he wants Australians to prepare for a serious conversation about how to pay for the services we need.

The New Daily

Alan Kohler: Deficits and debt are about politics, not economics

Chalmers' budget has no surpluses, only deficit and debt. His “big national conversation” needs to be about why that’s OK.

AAP

Petrol price spike looms for motorists

Some retailers are already charging more than $2 a litre as cities move into the first new fuel cycle since petrol tax relief expired.

The Guardian - AU

Labor’s ‘rorts and waste’ audit to deliver $10bn in savings to federal budget

Government will also shuffle funds and axe Coalition projects to free up $11bn for their own policy priorities

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The Conversation

Australia's growth downgraded and inflation drives massive rise in cost of pensions and payments in budget

Tuesday’s budget will point to a slowing Australian economy, with growth forecasts cut, and contain more than $21 billion of savings and decisions to redirect spending.

The New Daily

Budget to reveal $20 billion in savings, with Coalition grants in the firing line

The government's budget will bring the axe down on billions in Coalition grants as part of a broader $21 billion savings drive.

The Guardian - AU

Australia will join Biden’s global pledge to cut methane emissions by 30% by 2030, Albanese confirms

Funding of more than $3bn will support agricultural methane reduction, clean tech initiatives and the commercialisation of seaweed feed supplement

AAP

Welfare payments to add $33b to budget

Bi-annual adjustments to welfare payments in line with inflation are adding billions to budget spending, the treasurer says.

ABC News

Treasurer Jim Chalmers reveals workers' pay will go backwards until 2024-25 ahead of federal budget announcement

Treasurer Jim Chalmers reveals workers' pay will effectively go backwards until 2024-25.

The Guardian - AU

SES urges residents of several NSW areas to evacuate – as it happened

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ABC News

New Zealand has a wellbeing budget and the man behind it says it proves budgets aren't all about finance

When Grant Robertson meets his counterparts at global events, he's regularly asked about wellbeing — not his own, but that of his entire country.

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