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The Latest Breaking News from Jim Chalmers

Your Electricity Bill Is Going To Get A Lot More Expensive This Cold Szn Here’s Why

As if paying $2 for a litre of petrol wasn’t enough, everyone’s power bills are set to leap up next month as electricity prices become the latest addition to our high cost of living. Time to live under my doona so I don’t have to turn my heater on.The Australian…

Pedestrian.tv

Here's a scheme Labor should ditch in its bid to boost productivity. It's the 'patent box'

Australia’s new treasurer Jim Chalmers says his biggest priorities include boosting productivity and business investment.

The Conversation

Minister fuels up for gas price action

Energy Minister Chris Bowen is consulting with his state and territory counterparts about what levers can be pulled to ease burgeoning gas prices.

AAP

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Environment minister seeks ‘urgent briefing’ over scrapped recovery plans – as it happened

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The Guardian - AU

Federal government's 'gas trigger' to keep supplies onshore may not be pulled just to put a lid on high prices

As gas prices rocket upwards, the federal government is fielding questions on whether it would use its "gas trigger" powers to force gas exporters to keep supplies onshore. But high prices alone may not be enough to pull the trigger.

ABC News

‘World of pain’: warnings of gas shortages amid soaring power prices add to Australia’s energy woes

Market operator warns of possible shortfall of gas supplies on Thursday in Victoria, South Australia and Tasmania amid cold snap

The Guardian - AU

Labor’s full cabinet has finally been sworn in. Here’s a who’s who of new ministers

Although Labor hasn't been in government since 2013, almost half of the new cabinet have past experience as government ministers.

The New Daily

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The Loop: Treasurer warns of 'dire' budget situation, Labor's new ministry sworn in, and a community's farewell of the 'waving man'

Here's your TL;DR for today's news.

ABC News

'Rocketed away': no easy answers on power price spikes, treasurer warns

Treasurer Jim Chalmers says the spike in gas prices has multiple causes and no easy solutions.

Newcastle Herald

Perth petrol prices: Modelling shows what WA households will save from the fuel excise tax cut

Your suburb-by-suburb guide to how much the average Perth household will save from the halving of the fuel excise tax – and it's not as much as what was touted by the Morrison government.

ABC News

Who's in the new Labor government cabinet? Who got what role on the frontbench?

Prime Minister Anthony Albanese has unveiled his new cabinet, with election losses and cabinet shake-ups seeing some new faces enter the fold. Here's who got what position.

ABC News

Australia's biggest economic threat isn't home-grown. It's a recession, originating in the United States

A recession in the US usually brings on a recession in the rest of the world, although not always in Australia.

The Conversation

Queensland's concentration of key political leaders set to drive increased focus and investment in the Sunshine State

Queensland is home to the Treasurer, the Opposition Leader and the leader of the Nationals. What does that mean for Sunshine State and its issues?

ABC News

Vote counting continues with Labor one seat from majority – as it happened

Follow all the day’s developments

The Guardian - AU

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The New Daily

Alan Kohler: Jim Chalmers needs an inquiry into tax

By far the best thing Jim Chalmers could do for his party and the country would be to find a way to escape the 23.9 per cent limit on tax to GDP.

The Guardian - AU

Anthony Albanese vows to ‘keep it real’ as he seeks good rapport with crossbench

Prime minister says he will treat Peter Dutton with respect: ‘I never underestimate my opponents’

AAP

Tough budget challenges ahead: Gallagher

Finance Minister Katy Gallagher says there are serious challenges ahead for both the budget and the economy.

The Guardian - AU

Voters often invest their hopes in a new government, but the atmosphere feels more like relief

With empathy and goodwill Anthony Albanese’s Labor government can end the inane climate wars

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Pedestrian.tv

Priya Murugappan Called For The New Govt To ‘Make A Change To The Lives’ Of Every Refugee

"All refugees are survivors. They need hope."

The Guardian - AU

Murugappan family to return to Biloela on bridging visas

Tamil family can return to Queensland town while their immigration status is resolved, Labor’s Jim Chalmers says

The Guardian - AU

Morning mail: Chalmers on cost of living crisis, Texas shooting response questioned, Ray Liotta dies

Friday: New treasurer Jim Chalmers outlines how he plans to tackle a ‘cost of living crisis’. Plus: what is Sydney without sunshine?

The Guardian - AU

Jim Chalmers banks on capital spending to help ease cost-of-living crisis

New treasurer says Labor is ‘not contemplating’ extending fuel excise cut or low and middle income tax offset

The Conversation

Grattan on Friday: Stellar first week for Anthony Albanese but tough months ahead

Anthony Albanese had expected the election might be a week earlier than it was, because last Saturday would bump up against Tuesday’s Quad meeting in Tokyo.

The Guardian - UK

New cities, new statues and Stevie Nicks – take the Thursday quiz

Fifteen questions on general knowledge and topical trivia, plus a few jokes every Thursday – how will you fare?

The Conversation

Memo to Labor: you need more tax, working out how much more is urgent

The new government has inherited an extraordinarily difficult budget situation.

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