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The Latest Breaking News from Jim Chalmers

RBA boss Philip Lowe is on the TV. Should we be worried?

A prime-time TV appearance by the governor of the RBA may have been engineered to calm nerves, but what is he really trying to tell us?

Crikey

Alan Kohler: The NDIS could crush the Labor government

The Albanese government faces something of a classic Hobson’s Choice when it comes to the revamping the NDIS, writes Alan Kohler.

The New Daily

Federal Treasurer Jim Chalmers Backs State Talks To Scrap Stamp Duty So Here’s The Lowdown

Starting with “what the fuck is stamp duty?“.

Pedestrian.tv

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

Jim Chalmers: data drone or man of the people?

The treasurer is a zealot for economic data telling the ‘true story’ — perhaps blindingly so. But has he since changed tack?

Crikey

Labor must take the reins of progressivism — otherwise the times will suit no one

The politics of a knowledge and information society is what won the election, and now it must be made to work for the masses.

Crikey

Australia's Reserve Bank has got a lot right, but there's still a case for an inquiry

Treasurer Jim Chalmers is about to commission an independent review of the Reserve Bank of Australia. Refreshingly, his election promise was bipartisan – both sides of politics want it.

The Conversation

Madonna King: When the cost of living becomes the cost of suffering

Floods, COVID supply issues and war created a perfect storm. Those battening down the hatches aren’t seeing perfection anywhere near their household spend.

The New Daily

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Cost-of-living crisis another case of runaway inflation

Both a full-blown cost-of-living crisis and a related but independent energy crisis have broken out in the past month, as Labor takes the government reins.

The New Daily

Grattan on Friday: If the Albanese government did what really needs to be done, it would be a very big target

Usually the speeches of treasury secretaries are relatively bland, echoes of their political masters. But an address this week from Steven Kennedy was something quite different.

The Conversation

Who exactly is Dr Jim Chalmers?

Our new treasurer believes Labor has never received due credit for its economic management, especially during the global financial crisis.

Crikey

Payroll jobs grow more slowly than 2021

The Australian Bureau of Statistics said payroll jobs grew by 0.2 per cent in the month to May, recovering after the impact of the Easter holiday in April.

AAP

Albanese says cost of living concerns will be ‘front and centre’ of cabinet meeting

Inflation, energy prices and wages growth on Labor’s agenda as pressure builds to provide relief to low income earners before October budget

The Guardian - AU

Chalmers aims for October 25 first budget

Treasurer Jim Chalmers has told a conference he is aiming to hand down his first budget on October 25.

Crikey

Kiwis eye Aussie citizenship under Labor

Kiwis hoping for an improved pathway to Australian citizenship are pinning their hopes on the 'MP for New Zealanders', Treasurer Jim Chalmers.

AAP

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The Guardian - AU

Embattled buy now, pay later sector to be regulated under credit laws

Financial services minister Stephen Jones says government will also move to regulate cryptocurrency exchanges like other financial markets

The New Daily

Challenges loom large for new Albanese government

Members of the Albanese government say they do not need to exaggerate when discussing the challenges stretching out before them.

The Guardian - AU

Treasurer warns of ‘severity and magnitude of inflation challenge’ after RBA hikes official interest rate

Jim Chalmers responds to Reserve Bank decision to lift cash rate 50 basis points as Anthony Albanese declines to comment during Indonesia trip

ABC News

A 'difficult' day for homeowners as Treasurer Jim Chalmers predicts more pain before inflation is brought under control

Jim Chalmers says a rise in interest rates is "difficult news" for home owners and warns life in Australia is set to become even more expensive.

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The Guardian - AU

Reserve Bank hikes official interest rate by 50 basis points to 0.85% to curb inflation

Decision exceeded predictions from economists while Westpac was the first of the big banks to pass on the rise in full to customers

Crikey

Treasurer Jim Chalmers will deliver an Ardern-style ‘wellbeing budget’. Here’s what that means

It’s not a new concept, and some have criticised it as marketing over substance. Will it work in Australia?

The Guardian - AU

Skilful economic measures are needed to fight the inflation stalking Australia’s households

Tight labour markets, geopolitical uncertainty and the climate crisis all present gnarly challenges. Three experts explain the solutions

The Guardian - AU

Can anything be done about the ‘perfect storm’ in Australia’s energy markets?

Russia’s invasion of Ukraine, squeezed gas retailers and a cold snap are combining to put pressure on the grid

The Conversation

Grattan on Friday: Albanese government mugged by gas crisis as it faces challenge of managing expectations

Tony Burke reads a poem aloud every day and has a piano lesson once a week.

ABC News

Australians 'panicking' as power prices skyrocket, consumer advocates say

Robert Meggs switched to a smaller electricity provider to get a better deal. Then his rates more than doubled. It's an increasingly common story.

Pedestrian.tv

Your Electricity Bill Is Going To Get A Lot More Expensive This Cold Szn Here’s Why

As if paying $2 for a litre of petrol wasn’t enough, everyone’s power bills are set to leap up next month as electricity prices become the latest addition to our high cost of living. Time to live under my doona so I don’t have to turn my heater on.The Australian…

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