The Latest Breaking News from Jim Chalmers

An Australian Cabinet minister has rejected X Corp. owner Elon Musk’s allegation that the government intends to control all Australians' access to the internet through legislation that would ban young children from social media

Richard Marles is an ambitious man who hasn’t given up the dream of one day reaching the top job. But, despite being deputy prime minister, his profile is much lower than that of Treasurer Jim Chalmers, the candidate considered most likely to succeed Anthony Albanese as Labor’s leader.

Falling iron ore prices and a weaker labour market will weigh on this year's revenue upgrades, the federal treasurer says.

Treasurer Jim Chalmers will announce on Wednesday a package of reforms to the retirement phase of the superannuation system, to make it easier to navigate and consumer friendly.

Theft and human error led one Canberra cafe to stop accepting cash.

A deal will allow Cook Islanders permanently migrating home from Australia to take their nest egg with them, plugging a gap in a pact with New Zealand.

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Treasury confirms cheques will stay in circulation until 2029 but then cease to be accepted as legal tender

The Albanese government, anxious to prevent a dash from cash by businesses, says it will mandate that they must accept it for essential items.