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The Latest Breaking News from Jim Chalmers

Economists warn budget could 'poke inflationary bear'

Loosened purse strings cast doubts over the inflation-fighting credentials of the Albanese government's third budget, which also points to a weakening economy.

AAP

Federal budget 2024: What's in it for Newcastle and the Hunter

Nelson Bay Road has scored significant funding.

Newcastle Herald

Treasurer backs rebates for all in cost-of-living fight

Treasurer Jim Chalmers has defended the use of $300 energy rebates for all households in the federal budget, despite calls to means test the measure.

AAP

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Jim Chalmers delivers 2024 budget speech – as it happened

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The Guardian - AU

Morning Mail: budget’s $9.3bn surplus, BHP’s $65bn raid rejected, Trump’s ex-lawyer takes the stand

Treasurer Jim Chalmers is expected to forecast first back-to-back surplus since 2007; mining giant sees improved bid for Anglo rejected

The Guardian - AU

Households to get energy bill relief, rent help goes up

Energy bill relief and more rent assistance will form part of a cost-of-living package in the federal budget to help Australians struggling to makes ends meet.

AAP

Federal budget to remain in the black with forecast surplus of $9.3bn for 2023-24

Jim Chalmers signals cost-of-living relief for those ‘doing it tough’ – but some question the wisdom of adopting stimulatory measures too soon

The Guardian - AU

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Skills, clean energy, housing key budget priorities for Hunter

Jim Chalmers will deliver the budget on Tuesday night.

Newcastle Herald

Government defends faster inflation fall than RBA

Inflation will be back within the Reserve Bank's target range a year earlier than the bank has predicted, based on government budget figures.

AAP

Is the Coalition planning to overtake Labor and tax rich inner-city EV drivers?

The commonwealth had state electrical vehicle taxes struck down in court. Now reform is stuck in the slow lane

The Guardian - AU

Treasurer promises more relief alongside tax cuts

With long-awaited stage three tax cuts set to drive cost of living relief in the budget, Treasurer Jim Chalmers has given an assurance more help is coming.

AAP

Chalmers threads budget needle with difficult economy

Treasurer Jim Chalmers is confident he can beat inflation in the near term while gearing up for growth in a low-carbon world in his government's third budget.

AAP

Jim Chalmers claims there won’t be ‘any new money’ for gas in budget as Labor faces caucus revolt

Albanese government has already telegraphed budget will include $566m over 10 years to map Australia’s soil and seabed for gasfield exploration and $100m to speed up environmental approvals

The Guardian - AU

Consumers tipped to stash tax-cut savings for rainy day

Australians plan to stash their stage three tax cut cash, a key cost of living relief measure in the budget, in promising news for inflation

AAP

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The Guardian - AU

Australian federal budget 2024: what we know so far and what to expect

Treasurer Jim Chalmers has promised more cost-of-living relief in his 14 May budget as well as spending for students and health

The Guardian - AU

Budget sneak peek predicts higher wages and tax breaks – but no increase for Australians on jobseeker

Government dampens hopes for an increase to jobseeker, despite pressure from economists, social justice groups and equality advocates

AAP

Treasurer worried about home building pipeline

Not nearly enough houses are being built to meet growing demand but the federal government is still confident it can meet its 1.2 million homes target.

The Guardian - AU

Penny Wong and Palestinian PM discuss recognition of statehood – as it happened

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AAP

Australia's housing woes to be focus in federal budget

The plight of struggling renters will be addressed in the upcoming federal budget, Treasurer Jim Chalmers says.

The Canberra Times

Federal budget to include new funding for stage 2B of light rail

Government also questioned on future of Canberra stadium.

AAP

Tax revenue surge as treasurer tempers expectations

Labor won't receive as much tax revenue compared with previous years, but a surplus still remains within reach for the federal budget.

AAP

'Under the pump': expenses help for battling families

Cost-of-living support will be a key focus in the Albanese government's third federal budget, which will be handed down next week.

The Guardian - AU

‘Placement poverty’ to be tackled in Labor budget with new payments for student teachers and nurses

Midwives and social workers will also be given a $320 weekly payment for undertaking mandatory work placements at university

AAP

Global body warns Australia on interest rates, NDIS

Services inflation, the Chinese economy and household consumption are sources of uncertainty hanging over the OECD's economic growth forecasts for Australia.

Top News

Australia And India Bilateral Relationship Strengthened In Recent Years

Australia and India are enhancing economic and military ties amidst espionage concerns, reflecting evolving geopolitical dynamics in the Indo-Pacific region.

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