Jim Chalmers is a man on many missions. Here's what the treasurer's been up to ahead of the budget
1 year, 8 months ago

Jim Chalmers is a man on many missions. Here's what the treasurer's been up to ahead of the budget

ABC  

The federal budget is less than three weeks away. RBA review offers promise Photo shows Two women wearing work attire walking past the Reserve Bank of Australia offices in Sydney. "Nor would I expect there to be a winding back of the independence of the Reserve Bank, which is a key feature of our central bank in Australia," he said. Super funds hesitant to invest in social housing Photo shows Treasurer Jim Chalmers, Finance Minister Katy Gallagher and Prime Minister Anthony Albanese in the courtyard at Parliament House The federal government is seeking to entice the superannuation sector to invest in social and affordable housing to address a ballooning supply shortage. Mr Chalmers said he wants to broaden and diversify Australia's industrial base to take advantage of the "immense opportunities" that will come from the shift to net zero, particularly in the context of developments in the United States.

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History of this topic

Treasurer makes economic pitch
1 month ago

Treasurer makes economic pitch

ABC  

Rachel Mealey: Hello welcome to PM, I'm Rachel Mealey coming to you from the lands of the Turrbal and Yuggera people in Brisbane. David Taylor: The Treasurer also says while the budget bottom line's improving thanks to a better tax take, it'll likely still come in deep in the red. Luke Siddham-Dundon: But she says the instructions don't give people …

Treasurer Jim Chalmers says government has work to do on cost of living measures
1 month, 2 weeks ago

Treasurer Jim Chalmers says government has work to do on cost of living measures

ABC  

Treasurer Jim Chalmers says the government knows there is still a lot of ground to make up when it comes to cost of living relief for Australians despite having released a raft of packages to ease the burden of inflation. Mr Chalmers's admission on 7.30 came one day after Opposition Leader Peter Dutton borrowed a line from US president-elect Donald …

Federal Budget 2024: Nat Barr grills Jim Chalmers over energy rebate on Sunrise
7 months, 1 week ago

Federal Budget 2024: Nat Barr grills Jim Chalmers over energy rebate on Sunrise

Daily Mail  

Nat Barr has grilled Treasurer Jim Chalmers about why even the wealthiest Australians will receive $300 off their energy bills. Nat Barr has grilled Treasurer Jim Chalmers about why even the wealthiest Australians can receive $300 to go towards their energy bills 'Yeah but you're also getting it if you're earning $1million. Jim Chalmers handed down the federal Budget on …

Treasurer Jim Chalmers concedes Australia risks missing its climate targets
1 year, 1 month ago

Treasurer Jim Chalmers concedes Australia risks missing its climate targets

ABC  

Federal Treasurer Jim Chalmers has acknowledged Australia is behind in efforts to meet climate targets, signalling a need for more public and private investment to catch up. Key points: Australia appears unlikely to meet its 2030 climate targets on its current trajectory The federal treasurer has acknowledged Australia is behind on its renewables targets He has signalled more investment in …

Did Treasurer Jim Chalmers keep his facts straight in this week's budget speech?
1 year, 7 months ago

Did Treasurer Jim Chalmers keep his facts straight in this week's budget speech?

ABC  

Treasurer Jim Chalmers delivered the Albanese government's second budget earlier this week, balancing cost-of-living relief against the need to rein in inflation. And the Australian Bureau of Statistics' wage price index shows that 2012 was indeed the last time wages experienced similar growth, when it recorded a 3.8 per cent increase. And while Treasury's forecasts have a history of being …

Jim Chalmers's budget surplus was a surprise so where has the money come from?
1 year, 7 months ago

Jim Chalmers's budget surplus was a surprise so where has the money come from?

ABC  

It has been billed as the turnaround of the century. Suddenly, that's magically transformed into a $4.2 billion surplus for this financial year, the first time we've seen federal budget black ink since 2008, when Treasurer Jim Chalmers was then-treasurer Wayne Swan's brains trust. If you can believe the forecasts — and let's face it, just a few months back …

Treasurer Jim Chalmers insists nation's most vulnerable will be supported in federal budget
1 year, 7 months ago

Treasurer Jim Chalmers insists nation's most vulnerable will be supported in federal budget

ABC  

Some of the nation's most vulnerable people will be the recipients of cost of living support in next week's federal budget, as the government seeks to support Australians doing it tough amid soaring inflation. Key points: The treasurer says the budget will include $112 billion in debt interest payments over the next four years He says the government is contending …

Can Jim Chalmers become a reforming treasurer?
2 years, 3 months ago

Can Jim Chalmers become a reforming treasurer?

ABC  

Jim Chalmers's long-term ambition is similar to that of most treasurers. 'Bread and butter' budget Chalmers highlighted that five big spending areas — health, the National Disability Insurance Scheme, aged care, defence, and servicing the large public debt — were creating "substantial structural concerns". After this "standard" budget "there are multiple opportunities in multiple budgets over the course of the …

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