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The Latest Breaking News from Jim Chalmers

Federal budget to include plan to build 1 million homes by end of the decade, as Labor seeks to mitigate housing crisis

In his first budget, Treasurer Jim Chalmers will outline the government's plan to increase housing supply over five years from 2024.

ABC News

$350m to kickstart housing affordability

Australians priced out of the rental market are set to benefit from a $350 million affordable housing scheme included in the federal budget.

AAP

Budget 2022: Chalmers promises five-point plan for cost of living relief — as it happened

Labor has delivered the second federal budget of the year, announcing a plan for cost of living, wages and housing.

ABC News

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Australia to reveal economic plan for deteriorating outlook

Australia’s new government will propose an economic plan to steer the nation through rising inflation and interest rates while reigning in debt

The Independent UK

Australia hails UK's 'first PM of colour'

Australia has welcomed Rishi Sunak's elevation to leader of the UK's Conservative Party, placing him on course to become Britain's next prime minister.

AAP

Budget goal to build one million new homes

One million new homes will be built as part Labor's plan to bring together different sectors to boost investment in affordable housing.

The New Daily

Jim Chalmers says the Coalition is responsible for $1 trillion of debt in the federal budget. Is that correct?

Treasurer Jim Chalmers says the budget is "heaving with a trillion dollars in Liberal Party debt". Is that correct? RMIT ABC Fact Check investigates.

ABC News

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All eyes on Canberra as first Chalmers budget sets the stage for federal Labor

What will Dr Jim prescribe us tonight?

Newcastle Herald

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

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

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ABC News

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.

The Conversation

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 New Daily

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 Guardian - AU

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

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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

ABC News

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.

The Guardian - AU

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

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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.

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