About

Jim Chalmers

Young people will get some energy, rent, and income support help from the Federal Government's 2024 Budget.
Economics Latest Politics

What’s in the budget for young people?

Young people will get some energy, rent, and income support help from the Federal Government’s 2024 Budget.

Tonight, Treasurer Jim Chalmers delivered the 2024 Federal Budget.
Economics Latest News Politics

Everything you need to know about the 2024 Federal Budget

The Government, led by Prime Minister Anthony Albanese, has two big decisions to make: what to spend money on, and where to get that money from.

Treasurer Jim Chalmers will ask the Fair Work Commission to raise minimum wages in line with inflation
Economics Latest Politics

The Government wants minimum wages to rise with inflation

Treasurer Jim Chalmers will ask the Fair Work Commission to lift the minimum wage in line with inflation this year.

tariffs scrapped
Economics Latest News

Hundreds of tariffs to be scrapped

A 5% import tax (tariff) on nearly 500 products will be scrapped from 1 July, Treasurer Jim Chalmers has announced.

The Labor Government's changes to the stage 3 tax cuts will pass through Parliament
Economics Politics

Labor’s tax cuts will pass Parliament

The Coalition will support Labor’s changes to the stage 3 tax cuts, allowing the re-worked tax relief to pass through Parliament.

Prime Minister Anthony Albanese has confirmed the stage 3 tax cuts will go ahead.
Economics Politics

What are the stage 3 tax cuts?

Prime Minister Anthony Albanese has confirmed planned stage 3 tax cuts will take effect from July after months of pressure.

Jim Chalmers and Katy Gallgher budget update
Politics

Here’s the highlights from the Government’s budget update

More money, “conservative spending”, higher passport fees, and stage three tax cuts are all sketched out in the Government’s budget update.

barriers to building new homes
Economics Politics

Government plans to overhaul foreign property investor rules

A Federal Government proposal would make it more expensive for foreign investors to buy Australian properties.

cuts to infrastructure projects
Economics

Cuts to infrastructure projects announced amid inflation fears

The Federal Government has announced cuts to 50 major infrastructure projects and warned more may be needed amid inflation fears.

imf wish list australia
Economics

The IMF’s wish list for Australia’s economy

The International Monetary Fund (IMF) has published its Australian policy ‘wish list’, including stronger climate policies, a tougher approach to inflation, and sweeping tax changes.

crypto crackdown
Economics Politics

Crypto crackdown on the way, Chalmers says

A crypto crackdown will be included in legislation set to be tabled in Australia next year. This is what it could look like.

federal government budget surplus
Economics Politics

Federal government announces first budget surplus in 15 years

The Federal Government has announced a $22.1 billion budget surplus for the 2022/23 financial year, the first in 15 years.

who is the RBA governor
Economics

RBA Governor Philip Lowe will be replaced at the end of his term

RBA Governor Philip Lowe will not be re-appointed for a second term, replaced instead by his deputy Michele Bullock.

rba monthly meetings cut down
Economics

RBA will cut the number of interest rate meetings to 8

RBA Governor Philip Lowe has announced a cut to interest rate meetings after a review into the bank’s culture and practices.

cheques phased out
Economics News Politics

Cheques will be phased out in Australia by 2030

Cheques will be phased out by the Federal Government, who say the payment method is too slow and expensive. Here’s their plan.

RBA cut interest rate meetings
Economics

More experts, more debate: RBA review calls for major changes

Be the smart friend in your group chat

Join thousands of young Aussies and get our 5 min daily newsletter on what matters in your world.

It’s easy. It’s trustworthy. It’s free.