The Intergenerational Report predicts a poorer, hotter, less productive Australia, and Jim Chalmers is assembling some serious solutions
1 year, 4 months ago

The Intergenerational Report predicts a poorer, hotter, less productive Australia, and Jim Chalmers is assembling some serious solutions

ABC  

When Peter Costello was about to release the first Intergenerational Report 21 years ago, the then treasurer effusively called it "one of the most exciting documents that we have ever seen". To what extent climate change takes its toll depends on global action, but today's IGR will warn if temperatures rise "up to 3 degrees Celsius or over 4 degrees Celsius" labour productivity and crop yields will be hit, costing the economy "between $135 billion and $423 billion in today's dollars" over the 40-year period. The economy is facing five unstoppable shifts In the week leading up to today's report, Chalmers has been trying to "broaden the conversation" on productivity beyond the narrow scope of industrial relations. It's unfair, he argues, to demand the government take "grand political risks" on tax reform when others won't.

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Dramatic moment ABC News Breakfast's Lisa Millar brutally cuts off Treasurer Jim Chalmers over Anthony Albanese's Stage Three tax cut broken promise
10 months, 4 weeks ago

Dramatic moment ABC News Breakfast's Lisa Millar brutally cuts off Treasurer Jim Chalmers over Anthony Albanese's Stage Three tax cut broken promise

Daily Mail  

ABC News Breakfast host Lisa Millar has grilled Treasurer Jim Chalmers over Anthony Albanese's broken election promise on tax cuts - hammering him with the PM's own claim that his 'word is his bond'. Mr Albanese will use a National Press Club address today to outline his case for overhauling the Stage Three tax cuts, which he had repeatedly insisted …

The Intergenerational Report illuminates some serious equity and tax reform issues that are going to blow up
1 year, 3 months ago

The Intergenerational Report illuminates some serious equity and tax reform issues that are going to blow up

ABC  

Politics sometimes contains what might be described as blank spots: policy problems that everybody tut-tuts over but never suggests doing something obvious to fix. Former Treasury secretary Ken Henry on Friday railed against what he called the "intergenerational tragedy" of the fact that the IGR threw into sharp relief that future federal governments' reliance on income tax was going to …

Intergenerational report spells out Australia's future by 2063, with warnings for work, climate and the budget
1 year, 4 months ago

Intergenerational report spells out Australia's future by 2063, with warnings for work, climate and the budget

ABC  

The possible future of Australia has been laid out in the government's "intergenerational report", which paints a picture of a nation that looks older and lives longer, and is paid better, but also faces a major workforce and climate challenge. Key points: The treasurer has handed down a major report forecasting the Australia of 2063 Demographic changes, climate change and …

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