The Budget Paper 2 book, which contains new measures, is a slim document.
Articles on Jim Chalmers
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In an election year, federal budgets are rarely huge surprises. Here’s a list of funding announcements the government has already made.
In the Albanese government’s last federal budget before the election, new spending promises are likely to be limited.
We really need another budget post election. That’s because this one is about chasing votes – and could be quickly overtaken by Trump’s April 2 tariff announcement.
Jim Chalmers has given outline of next week’s budget in speech, promising it would be “a responsible budget which helps with the cost of living.”
The cyclone looks set to hit many household budgets – from higher building costs to damaged crops raising prices on staples like fruit and vegetables.
The Albanese government will freeze the indexation on beer in a ‘commonsense’ measure, despite Chalmers having said the increase wouldn’t have equaled 1 cent a pint.
Our colossal pool of retirement savings has largely outgrown the investment opportunities available in Australia. Access to overseas markets will be crucial.
A Senate inquiry has been set up to examine why senior public servants are are being paid much bigger salaries than the ministers they serve.
After Wednesday’s encouraging inflation numbers, the Albanese government and the financial markets would be shocked if the RBA didn’t cut interest rates in February.
Appropriately, we finish our podcast for 2024 talking to Treasurer Jim Chalmers and his shadow, Angus Taylor because, as the saying goes, "it's the economy, stupid!"
The budget is headed for a deficit of $26.9 billion this financial year but in the following three years the budget is forecast to be deeper in the red than earlier forecast.
Wednesday’s mid-year budget update will downgrade company tax receipts by $8.5 billion over the four years to 2027-28, and show “slippage’ in the bottom line in some years of the forward estimates.
Letting the banks charge their own extra fees might be a non-starter. The government has some other ideas, including a cash mandate and a possible new rural services levy to keep branches open.
The government has finally passed long-delayed reforms to the way the Reserve Bank operates. Here’s what the changes will mean for our central bank.
It’s unclear whether requiring the fund to prioritise certain kinds of investments will lead to lower returns. There’s a bigger question – why can’t the government fund priority projects through debt?
Treasurer Jim Chalmers has admitted that economic growth is sluggish, but says many other nations have gone backwards.
The federal government has laid out a big picture proposal to keep cash alive. But it will need to keep a close eye on the details, and the unique challenges cash presents for businesses.
New innovations and technological advances are needed to lift Australia’s flagging growth and productivity.
Jim Chalmers will announce a fund of up to $900 million for states and territories to improve productivity and competition, in a Wednesday speech.
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