The Latest Breaking News from Jim Chalmers

Exclusive: Amid a chaotic end to the parliamentary session, Labor fears a repeat of franking credit policy fiasco that helped cost the 2019 election

Energy rebates have lowered Australia's headline inflation rate, but the Reserve Bank remains focused on underlying price pressures.

An Australian Cabinet minister has rejected X Corp. owner Elon Musk’s allegation that the government intends to control all Australians' access to the internet through legislation that would ban young children from social media

Richard Marles is an ambitious man who hasn’t given up the dream of one day reaching the top job. But, despite being deputy prime minister, his profile is much lower than that of Treasurer Jim Chalmers, the candidate considered most likely to succeed Anthony Albanese as Labor’s leader.

We all know how important it is to save enough money for retirement – but what about spending it wisely when we get there?

Next month’s federal budget update is expected to revise down company tax receipts for the first time since 2020, amid continued low economic growth in the near term.

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Retirees hoping to use their savings will be offered improved transparency and information as the government introduces changes to superannuation.

Falling iron ore prices and a weaker labour market will weigh on this year's revenue upgrades, the federal treasurer says.