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The Latest Breaking News from Jim Chalmers

Steadying foreign aid budget signals the government takes development seriously

On budget night in 2014, the Abbott government cut nearly $8 billion from Australia’s international development program, the largest-ever aid cuts. Programs in South-East Asia were cut by 30%. For a government obsessed with surplus, it was seen as a sort of political victimless crime. Yes, it would hurt foreigners,…

The Conversation

Annual inflation rate rises to 7.3 per cent amid gas price surge

The annual inflation rate has risen to 7.3 per cent as surging gas prices add pressure to household budgets

Newcastle Herald

Business leaders welcome Hunter's budget 'success'

Newcastle Airport says it is "thrilled" to have funding for its new terminal building confirmed in Tuesday's federal budget, and the Hunter's peak business group has welcomed commitments to other large infrastructure projects.

Newcastle Herald

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Federal budget sets up Murray-Darling Basin showdown

The government has announced a plan to buy back water from irrigators for the first time in a decade, setting up a showdown between stakeholders in the Murray-Darling Basin.

ABC News

Energy rebates ruled out as bills to surge

Treasurer Jim Chalmers says Australia can't afford to give rebates on huge electricity bills, despite some calls for them to be implemented.

AAP

Treasurer says Taylor’s fingerprints ‘all over’ energy policy chaos – as it happened

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The Guardian - AU

Morning mail: winners, losers and political fallout from the ‘no surprises’ budget; UK PM assembles cabinet

Wednesday: Treasurer Jim Chalmers warned power prices will rise next year and flagged the need for tax reform. Plus: ‘world’s dirtiest man’ dies

The Guardian - AU

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Students cop cuts, as rorts and zombie plans axed with more than $20 billion saved

Tens of thousands of students will miss out on university fee discounts worth $36 million a year as Labor slashes some budget spending.

The New Daily

Alan Kohler: Jim Chalmers delivers a responsible budget, with no repair and no relief

The last time a new government brought down its first budget, in 2014, it was a disaster for all concerned.

The New Daily

Budget 2022: Treasurer details budget in Press Club speech, after yearly inflation hits highest point since 1990 — as it happened

The government warns of tough times ahead for families after delivering its first budget, with Treasurer Jim Chalmers saying inflation "will get worse before it gets better."

ABC News

What's in the federal budget for me? Here's a quick guide

Labor's first budget in almost a decade has been handed down — here's what you need to know about what's in it for you.

ABC News

Slaying inflation dragon key: Chalmers

Jim Chalmers has begun the task of budget repair, even as households face power price spikes and lower real wages due to rising inflation.

AAP

Budget repair begins, tax reform is next

Labor has taken a big step towards budget repair but the harder work of serious tax reform has been deferred until further down the track.

AAP

Jim Chalmers just handed down his first federal budget, but did he get his facts straight?

Did the Treasurer get his facts straight in Labor's first budget speech in a decade? RMIT ABC Fact Check investigates.

ABC News

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The New Daily

Federal budget 2022: Here’s what’s in it for you

Treasurer Jim Chalmers has handed down Labor's first budget since the election, making good on a range of election pledges.

Pedestrian.tv

Labor’s Dropped Its First Federal Budget In A Decade So Here Are 6 Takeaways For Young Aussies

Labor's flagged the budget as "responsible" - but it's still going ahead with those tax cuts.

The Conversation

Everything you need to know about Labor's first budget in 6 charts

This Budget makes hard decisions for hard times.

The Guardian - AU

Six graphs that explain the 2022 federal budget: rosy views mugged by reality

Australian treasurer Jim Chalmers’ main economic message is enjoy today because tomorrow is going to be tough

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The Guardian - AU

Jim Chalmers’ first budget comes amid a darkening economic outlook. Here’s what could go wrong

The federal budget forecasts growth of 3.25% this year but hints at a slowing global economy with high inflation and interest rates

The Guardian - AU

This is a federal budget of no surprises – designed to be sober, to build trust in the hope of better things to come

Labor’s 2022 budget is about a new government starting as it means to continue, then crossing its fingers and hoping continuing like that is actually possible

The New Daily

Chalmers’ budget debut enlivens a ‘safe change’ agenda and lays the groundwork for more

Jim Chalmers promised a “bread-and-butter” budget, but he is unlikely to have disappointed Labor’s faithful by delivering it.

Newcastle Herald

The federal budget's winners and losers

Jim Chalmers has just handed down the new government's first budget. Here's who wins, and who loses.

The New Daily

Federal budget 2022: What’s in it for you in Labor’s first budget in almost a decade

Treasurer Jim Chalmers has handed down Labor’s first budget in almost a decade, saying it provides “responsible, not reckless” cost-of-living relief. Amid

The Guardian - AU

Federal budget 2022: Jim Chalmers heralds budget of ‘restraint’ while warning of risks ahead for households

Treasurer flags need for tax reform to put economy on more sustainable path and further intervention in energy sector amid soaring prices

The Conversation

Jim Chalmers’ 2022-23 budget mantra: whatever you do, don’t fuel inflation

Terrified by the prospect of further stoking the worst inflation in three decades, Treasurer Jim Chalmers and Finance Minister Katy Gallagher have delivered a budget that takes out of the economy about as much as it pumps into it.

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