The Latest Breaking News from Jim Chalmers

Exclusive: Treasurer says government working on measures to ease the squeeze as well as policies to accelerate transition to net-zero emissions

It’s been a difficult year for the economy, and the year ahead also is looking challenging. Treasurer Jim Chalmers, overseer of the government’s economic policy, joins us on the podcast to talk about the latest budget numbers, interest rates, changes to the Reserve Bank board, Australia’s debt, cost of living…

Daniel Mookhey blames federal government for NSW’s budget black hole, while Tim Pallas says it is the beneficiary of Victoria’s success

Australia batter Usman Khawaja has worn a black armband because he wasn’t allowed to wear shoes branded with a “all lives are equal” humanitarian message on Day 1 of the series-opening cricket test against Pakistan

Usman Khawaja wore a black arm band to show solidarity with people suffering in Gaza, after the ICC prohibited him from wearing shoes with a humanitarian message.

It’s hard to get excited about Myefo figures when median earnings fell, stage-three tax cuts remain sacrosanct and there are no new measures to relieve cost-of-living pressures

The mid-year fiscal update contained no extra cost of living relief, although the federal treasurer has not ruled out more help in his next budget.

The federal government knows people are doing it tough. Inflation and interest rate pressures have put the cost-of-living at the forefront of voters’ minds.

The federal budget update acknowledges more must be done to secure and wire up renewables, with clean energy "superpower" status remaining a work in progress.

While commodity prices are propping up revenue and a likely surplus, household consumption is flat and savings have fallen – and there’s an election coming

The federal budget is headed for a small $1.1 billion deficit this financial year, according to the update released by Treasurer Jim Chalmers and Finance Minister Katy Gallagher on Wednesday morning.