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The Latest Breaking News from Jim Chalmers

Coalition, Labor say low risk of recession

The Labor government and federal opposition believe Australia's economic fundamentals are strong, but there are headwinds coming from overseas.

AAP

Grattan on Friday: Can Jim Chalmers become a reforming treasurer?

Jim Chalmers’ long term ambition is similar to that of most treasurers. He wants to be prime minister. More immediately, he aspires to be a reformer, which has become harder in today’s electorate, with its low tolerance for pain.

The Conversation

Government inquiry as soaring prices put child care out of reach for families

The skyrocketing costs have seen parents increasing having to remove their children from childcare services.

The New Daily

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Businesses missed out on fuel tax relief

The temporary fuel excise tax cut provided much-needed relief to households but did less to support businesses, although they pay less tax on fuel anyway.

AAP

The Temporary Fuel Discount Ends Soon You’re Fkn Telling Me These Have Been The Cheap Prices?

Great time to invest in a unicycle.

Pedestrian.tv

Government announces inquiry into childcare costs, while Chalmers promises 'conversation' about budget challenges

The Albanese government will set up an inquiry into the increasing cost of child care, which will start in January and run for a year.

The Conversation

Axe hangs over Morrison’s legacy as government gets serious before budget

Slashing budget deficits have long been cast as a Treasurer’s reason for being. But Jim Chalmers was muted on Tuesday.

The New Daily

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Jim Chalmers announces $50bn improvement in federal budget compared to March projections

Treasurer says improvement comes in large part from higher than expected commodity prices boosting returns from mineral exports

The Guardian - AU

End of fuel excise discount shouldn't cause immediate petrol price spike, Treasurer says

The federal Treasurer says petrol prices shouldn't spike when a temporary discount on fuel taxes ends next week.

ABC News

Excise cut won't spike fuel price: govt

Treasurer Jim Chalmers has confirmed a temporary fuel excise cut will end next week, but he doesn't expect prices to spike.

AAP

Treasurer reveals $50b budget turnaround

Jim Chalmers has revealed government finances were better than expected for the previous financial year but foreshadowed tough decisions in his first budget.

AAP

Greens urge Labor to redirect fossil fuel subsidies to renewables in budget – as it happened

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The Guardian - AU

Australia backs G7 Russian oil price cap

Australia will join the G7 nations and impose a price cap on Russian oil to drive down global oil prices while still putting a dent in Moscow's finances.

AAP

Australia joins global effort to starve Russia of war profits with oil price cap

The move comes before a European winter that could be decisive for the war in Ukraine, and soaring international energy prices.

The New Daily

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AAP

Australia, Indonesia sign economic pledge

Australia and Indonesia have signed an economic memorandum of understanding amid bleak warnings about a future global recession.

The Canberra Times

Push to erase ACT's historical housing debt gathers strength

The Chief Minister has again promised the millions spent on servicing the decades-old loan would be invested into "much-needed" social and affordable housing in the nation's capital.

The New Daily

Details revealed: RBA review to probe interest rate settings and government’s role

The RBA review will investigate how governments can work with the central bank to manage fallout of soaring inflation rising interest rates.

The Guardian - AU

Australians in ‘acute crisis’ urge PM to ease welfare penalties for working more hours

People on disability pensions say they should be able to work more without having their financial support reduced

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The Guardian - AU

Philip Lowe admits the RBA erred on its rate rise timing – but there were messaging misfires too

Could Australia’s reserve bank have done a much better job of controlling inflationary expectations?

The New Daily

Chalmers to spruik super fund housing plan at treasurers’ meeting

An Albanese Government plan to entice super funds to invest in affordable housing will be the top item for discussion at the meeting of federal and state

The New Daily

Jim Chalmers to sell super funds’ housing plan at treasurers meeting

An Albanese government plan to entice super funds to invest in affordable housing will be the top item for discussion at a federal and state treasurers meeting on Friday.

AAP

Hurley appears after grant scrapped

The federal government has scrapped a controversial $18 million grant allocated to a foundation with links to Governor-General David Hurley.

Pedestrian.tv

Govt Warns Not To Expect Much Cost Of Living Help In Oct Budget So I Guess We’re On Our Own

If you’re expecting cost of living relief in the next Federal Budget, I’m sorry to say you may be disappointed. Prime Minister Anthony Albanese and Treasurer Jim Chalmers have warned offering such help can sometimes be ‘counter-productive’ so I guess it’s everyone for themselves!!!!!“I want to level with people … You want to…

The Guardian - AU

Lidia Thorpe criticises Indigenous voice working group – as it happened

This blog is now closed

The New Daily

Senate set for fresh climate clash as Greens threaten proposed EV incentives

The government hailed Thursday’s expected passage of its emissions targets as a chance to end the climate wars, but another fight looms its EV incentives.

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