Jim Chalmers

Treasurer Jim Chalmers will allocate additional funds to the agency to support a year-long transition period, after the ban — which was set to come into effect on November 30 — came under heavy criticism

The visit comes just weeks after Prime Minister Anthony Albanese used an address at the United Nations to declare that the international order established after World War II was no longer fit for purpose

Chalmers and Finance Minister Katy Gallagher on Monday released the final budget outcome for 2025-26, showing an underlying cash deficit of 22.3 billion AUD (15.7 billion USD), representing 0.8 percent of GDP, at the end of the financial year on June 30

Resurgent oil prices and inflation are weighing on markets but US tech stocks surged on Monday after Facebook owner Meta debuted its new Muse AI agent and saw its shares rise 11%

Chalmers releases his second intergenerational report at 12:30 p.m

Albanese government MPs are voicing increasing unease over the prospect of more interest rate hikes and stalling living standards as Treasurer Jim Chalmers works to prepare backbenchers for a report next week that will lay bare Australia’s long-term economic problems

Stock futures were nearly flat early Wednesday after surging bond yields and oil prices led Wall Street lower for a third straight day

Australia’s $4.4tn compulsory super regime is generally considered among the best in the world, yet conservative politicians such as Andrew Bragg, the Coalition’s putative shadow housing minister, and Pauline Hanson, One Nation’s leader, seem to hate it

Northern Minerals is developing its Browns Range rare earths prospect in WA

Fresh diplomatic efforts are unfolding alongside renewed military tensions as the United States and Iran continue exchanging strikes while keeping nuclear talks alive

Investor sentiment remained cautious on Thursday after tensions between the United States and Iran escalated once again, raising fresh concerns over global energy supplies and financial markets

Two men, aged 21 and 25, charged with unauthorised access to restricted data

Under the changes, the maximum penalty for systematic failures to uphold the ban jumps to A$99 million (US$68 million) from A$49.5 million

Outside of the COVID-19 pandemic, when Australia's borders were closed for almost two years, the annual population growth rate of 1.51 percent to December 2025 was the lowest since December 2019

The noise, negative headlines and internet memes that have surrounded Labor’s capital gains tax changes since their budget night unveiling made a backdown feel like an inevitability

For decades a fringe outfit led by provocateur Pauline Hanson, polling released over the weekend by the Australian Financial Review showed One Nation has overtaken the ruling Labor Party in support

Labor’s contentious tax changes will be pulled apart in a Senate inquiry next month, but the tight three-week deadline will sustain a political brawl over the government’s rush to pass new laws amid a broadening business backlash

Treasurer Jim Chalmers is resisting loud calls to limit his CGT overhaul to investment properties, as Labor MPs lobby the cabinet to move quickly to protect worried business owners

Oil prices soared from February 28, when the United States and Israel launched the attack, prompting Tehran to close the Strait of Hormuz and disrupt up to 20 per cent of the world’s oil supply

NSW Premier Chris Minns has demanded urgent action from the federal government to prevent working families from getting stung by bracket creep, as he refused to support controversial tax changes for small businesses

Guardian Australia first reported on the AI-generated photos of Albanese being mockingly posted by tech startups and business owners, in protest of the proposed CGT changes

A social media campaign has depicted an AI-generated Anthony Albanese joining a range of different businesses as co-founder, riffing on the prospect of a maximum 47 per cent capital gains tax for some businesses announced in the budget

The federal government’s primary vote has slumped 3 percentage points to just 29 per cent after Labor broke a slew of promises on tax policy, but support has flowed to One Nation rather than the Coalition following the release of the pivotal “tough decisions” budget last Tuesday

The federal government’s primary vote has slumped 3 percentage points to just 29 per cent after Labor broke a slew of promises on tax policy, but support has flowed to One Nation rather than the Coalition following the release of the pivotal “tough decisions” budget last Tuesday

On Tuesday night, Treasurer Jim Chalmers delivered what will probably go down in history being remembered as the “not-just-another-budget” federal budget

PM denies housing and investment changes linked to new Gen Z voters

Last night, Treasurer Jim Chalmers handed down the first budget of this Labor government’s second term

But he's already despairing about his future housing prospects

There’s been a change of plans for the group of Australians who were on board the hantavirus-infected cruise ship in Europe

Treasurer Jim Chalmers will hand down the government’s federal budget tonight at 7.30

In recognition of the inflation pressures facing the country that have forced the Reserve Bank to lift interest rates at its last three meetings, Chalmers will also pledge a $45 billion improvement to the nation’s finances with every dollar of extra tax revenue saved

When Anthony Albanese reneges on his pledge not to touch investor tax concessions on Tuesday, his government will present the nation with a set of numbers to justify the shift

New data from the Australian Bureau of Statistics and independent analyses show average household net worth reaching around $1.56 million in 2024-25, up sharply from earlier years

Polls have opened in a key by-election in regional Australia, viewed as an electoral test of support for the right-wing populist One Nation party, which could win its first federal lower house race

The 2026-27 federal budget comes off the printing presses in Canberra on Sunday afternoon

Tim Pallas delivering his first budget after Labor returned to power in 2014

Victoria’s Treasury has repeatedly produced budget-day bottom lines that proved more optimistic than the final results, casting fresh doubt over the slim $1 billion surplus forecast for the year ahead in this week’s state budget

The full FBT discount will then only apply to vehicles costing under $75,000 until the start of April 2029

Billions in extra revenue generated by high-priced commodities like oil and gas because of the war against Iran will be saved rather than spent as the Albanese government seeks to quell inflationary pressures that are poised to force another interest rate rise from the Reserve Bank

The treasurer, Jaclyn Symes, has also projected a $1bn surplus in 2026-27, down by $943m on December’s forecast

One such reform would be a near doubling in the tax-free threshold to $35,000, then a flat 33% tax rate on income up to $300,000 followed by a higher 40% rate for income over that

Labor is overhauling the NDIS to save $35 billion in the next budget and make the ballooning scheme sustainable

Chalmers will try to keep backlash from the states at bay by holding an online meeting on Tuesday to brief treasurers about the NDIS overhaul that Health and Disability Minister Mark Butler will announce at the National Press Club in Canberra on Wednesday

Treasurer Jim Chalmers has announced the major tax reform ahead of delivering his fifth Federal Budget next month

The Albanese government is confronting two uncomfortable facts

Pocock buys billboards to pressure Chalmers on gas export tax