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The Latest Breaking News from Jim Chalmers

Labor's jobs plan not at odds with RBA, says treasurer

Treasurer Jim Chalmers says his ambition for full employment is not in conflict with the RBA's endeavours to reduce inflation.

AAP

Skills passport wanted to connect workers and employers

More than $9 million has been committed to a national system that would help workers connect with employers looking for people with their skills and training.

AAP

NT chief minister allegedly assaulted – as it happened

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The Guardian - AU

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Smashing barriers key to Labor's full employment vision

The federal government wants to get as many people in the workforce as possible by dismantling any hurdles holding them back.

AAP

Federal budget back in black for first time in 15 years

The Labor federal government has smashed its earlier forecasts for a budget surplus, although the treasurer says deficits are expected in coming years.

AAP

No, the RBA review won't mean handing the bank's decisions to part-time outsiders

Misinformation is circulating about recommendations concerning the Reserve Bank board made by the RBA Review, of which I was a member.

The Conversation

RBA governor could chair two boards under restructure

Treasurer Jim Chalmers says there are still a handful of issues the Reserve Bank and the government are working through from the review into the central bank.

AAP

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Australia's government posts $14.2 billion budget surplus after 15 years in the red

Australia’s government has reported a $14.2 billion budget surplus for the last fiscal year

The Independent UK

Former Australian PM Malcolm Turnbull says Rupert Murdoch’s ‘anger-tainment’ damaged the democratic world

Longstanding Murdoch critic says mogul leaves ‘hell of a legacy’, as minister suggests he will still play ‘very big role’

The Guardian - AU

Uluru Dialogue accuses Dutton of ‘deception’ over voice – as it happened

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The Guardian - AU

Budget surplus up to $22bn thanks to strong jobs market and higher commodities prices

Despite improved short-term outlook, Jim Chalmers says structural pressures are ‘intensifying rather than easing’

The Guardian - AU

View from The Hill: Josh Frydenberg puts political ambition aside to remain in business

Former Treasurer Josh Frydenberg’s decision to put a business future before an attempted political revival is a blow for the Liberal Party, but a relief for the teal member for Kooyong, Monique Ryan.

The Conversation

Treasurer to take fresh look at Future Fund

Australia's sovereign wealth fund could be in for a shake-up, including new personnel, as the Labor government continues its renewal of institutions.

AAP

Crackdown on dodgy tax advisors after PwC scandal

Treasurer Jim Chalmers has released draft legislation aimed at cracking down on dodgy tax advisors and giving the regulator more powers to hunt down renegades.

AAP

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AAP

Labor driving towards secure future with jobs roadmap

Treasurer Jim Chalmers is set to release the Employment White Paper setting out policies to put secure jobs in reach of more Australians.

The Guardian - AU

Stiffer penalties and increased ATO powers spearhead Labor’s tax overhaul

Treasurer Jim Chalmers to take aim at ‘blatant misconduct in our tax advice industry’ after PwC scandal

The Conversation

Positive outlook for local and export gas supplies for early 2024: ACCC

The outlooks for both local and export supplies of gas are positive for the early months of next year, according to the Australian Competition and Consumer Commission inquiry’s September report.

The Guardian - AU

OECD inflation outlook suggests further Australian interest rate rises possible

Intergovernmental economic organisation warns core inflation across the world remains ‘persistent’ and may require policy action from Reserve Bank

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AAP

Sharper China slowdown risks blunting Australian growth

The global economy is expected to keep slowing in response to higher interest rates, forecasts by a major global organisation show.

AAP

Aussies falling off fixed mortgage to higher rate peaks

About a million Australian mortgage holders have come off low fixed interest rates to a higher variable one since they started increasing.

The Guardian - AU

Morning Mail: Chalmers warns of ‘bumpy’ economy, call to investigate possible burial sites, trans therapy ‘life-saving’

Treasurer says a soft landing is not assured as Australia faces global headwinds, and a new study shows the benefits of testosterone therapy

The Guardian - AU

Jim Chalmers warns soft landing ‘not assured’ for economy despite Treasury forecasts

Exclusive: Treasurer expects ‘bumpy’ year ahead as Australia feels the squeeze of higher interest rates and China’s slowdown

The Conversation

We're in a per capita recession as Chalmers says GDP 'steady in the face of pressure'

Australia’s economy grew a mere 0.4% in the June quarter according to figures released by the Bureau of Statistics on Wednesday, a performance Treasurer Jim Chalmers describes as “steady in the face of unrelenting pressure”.

The Guardian - AU

Danielle Wood to become first woman to head Productivity Commission

Labor appoints well-known Grattan Institute chief after senior Victorian treasury official Chris Barrett pulls out of recruitment process

The Guardian - AU

Question time chaos – as it happened

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