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The Latest Breaking News from Jim Chalmers

Grattan on Friday: Jim Chalmers’ ticker is about to be tested as he tacks towards the May budget

The next few months may be the most crucial Jim Chalmers has faced as treasurer, at least for judgements about his ability to drive change.

The Conversation

Greens hold door open to capital gains tax reforms

Support from the Greens could hold the key to opening the door to capital gains tax changes as the government ponders reforms the opposition says it won't back.

AAP

Forecasters dial up rate bets as banks prepare to hike

With the RBA showing stronger resolve to rein in inflation, banks will more likely than not be lifting home loan rates again in a few months, economists say.

AAP

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Australia's central bank raises interest rate to 3.85% after 3 cuts

Australia’s central bank has lifted its benchmark interest rate by a quarter percentage point to 3.85%, after three rate cuts last year and as inflation surges

The Independent UK

Man charged over allegedly giving Nazi salute to Jewish students at Melbourne airport – as it happened

This blog is now closed

The Guardian - AU

Female head for corporate watchdog in milestone move

Jim Chalmers says the next head of Australia's financial watchdog, Sarah Court, is an experienced litigator and leader and will make a positive impact.

AAP

Treasurer announces first female head of ASIC

Former corporate lawyer Sarah Court will succeed Joe Longo as chair of the Australian Securities and Investments Commission.

AAP

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Chalmers rejects opposition claims Labor is fuelling inflation, and says he is ‘impatient for reform’

Australian treasurer ‘open’ to tax reform and says the government wants to tackle intergenerational inequity

The Guardian - AU

Nobel laureate's advice for treasurer to fix housing

Joe Stiglitz is a bit of a rock star in left-leaning economic circles, but his suggestions to make housing more affordable didn't seem to convince Jim Chalmers.

AAP

The return of inflation may poison Labor’s second-term agenda and scare more voters to the fringes

As economic grievance grows in the electorate, an interest rate hike is the last thing our fraught politics needs

The Guardian - AU

Row over government role fuelling inflation, rate rise

Spending blow-outs by the government will force the Reserve Bank to hike rates, critics say, but the treasurer argues the private sector is driving inflation.

AAP

Canadian PM to urge Australia to stand up and fight

After delivering a speech which left senior Labor ministers grasping for superlatives, a visiting leader will encourage Australia to join an army of resistance.

AAP

Turnbull urges Albanese to acknowledge new global political reality under ‘bully’ Trump

Exclusive: Former PM says Labor must stop ‘pretending nothing has changed’ and should outline how Australia will deal with the United States going forward

The Guardian - AU

This 26 January, we should question Australia’s subservience to a different empire: Trump’s America

What would it actually take for Australia to ditch Aukus, dispense with the little America cloak and rethink the alliance?

The Guardian - AU

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The Guardian - AU

Afternoon Update: Liberals say Ley’s leadership all but over; day of mourning for Bondi; and praise for Canadian PM’s ‘stunning’ speech

Angus Taylor and Andrew Hastie are leading contenders to replace Ley as Nationals leader confirms his party will sit separate from Liberals

The Guardian - AU

Jim Chalmers says Canadian PM’s ‘stunning’ denunciation of Trump is being widely discussed in Australian government

Treasurer joins former PM Malcom Turnbull in praising Mark Carney’s comments at the World Economic Forum gathering in Davos

AAP

Global body urges treasurer to spend less, reform taxes

Global economic body the OECD has called on Australia to rein in the NDIS and make changes to property taxes to help fix the budget and boost productivity.

AAP

IMF warns of AI bubble risk to global growth outlook

Australia is projected to endure drawn-out, above-target inflation, global economic body the International Monetary Fund says.

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The Guardian - AU

Penny Wong says Sussan Ley’s leadership ‘unsalvageable’ after Coalition flags opposition to new hate laws

Christian and Islamic leaders publish joint letter criticising the bill as Labor faces uphill battle to pass reforms

AAP

National recycling pilot to stop solar energy eclipse

A national trial will recycle solar panels at the end of their working lives to extract valuable metals and boost Australia's circular economy.

The Conversation

Australia is betting on a new ‘strategic reserve’ to loosen China’s grip on critical minerals

The federal government has unveiled new details of its plan to create a A$1.2 billion critical mineral reserve.

AAP

How treasurer could make capital gains taxes 'fairer'

The capital gains tax discount should be reduced to address economic inequity and make housing more affordable, economists say.

AAP

Australia unveils stockpile plan for critical minerals

A $1.2 billion investment in critical minerals will be spruiked by Australia when finance ministers from major economies convene in the US capital.

AAP

Charges and changes: electric car shifts coming in 2026

Twists and turns are coming to Australia's electric car market, from a potential road-user charge and tax reform to the price of models launching on our shores.

AAP

Self-interest widening wealth gap between old and young

Bridging the gap in wealth between older and young Australians will require a major recalibration in housing attitudes and policies, a leading economist says.

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