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The Latest Breaking News from Jim Chalmers

Cost of stage-three tax cuts balloons to $313 billion

The cost of the stage-three tax cuts has blown out to $313 billion over 10 years, with more than half of the benefit set to flow to rich.

The New Daily

PwC scandal shows consultants, like church officials, are best kept out of state affairs

Australia’s Treasurer Jim Chalmers called it “an appalling breach of trust”. But the scandal involving the local arm of PricewaterhouseCoopers (PwC), the world’s second-largest professional services firm, is much worse than that.

The Conversation

Shadow Treasurer Angus Taylor gives post-budget address at National Press Club — as it happened

Angus Taylor addresses the National Press Club for his post-budget address, one week after Treasurer Jim Chalmers handed down his second budget.

ABC News

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Labor to tackle negative gearing in debate about party’s past and future

Labor policy limiting negative gearing only to new homes was seized upon leading up to the party’s 2019 election loss.

The New Daily

Stage-three tax cuts cost blowout predicted, with men and the wealthy to benefit most

Adam Bandt decries ‘massive black hole’ after Parliamentary Budget Office analysis puts cost at $313bn over a decade

The Guardian - AU

4 ways to bring down rent and build homes faster than Labor's $10 billion housing fund

Treasurer Jim Chalmers is the first in decades to declare war on what he calls the “pain of rising rents”.

The Conversation

Labor faces internal pressure to crack down on negative gearing with cap of one property

The ALP’s first national conference under the Albanese government will also debate union proposal for an export tariff on unprocessed critical minerals

The Guardian - AU

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Treasurer wants energy transition to be his legacy – as it happened

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The Guardian - AU

Guardian Essential poll: Labor maintains large lead over Coalition despite budget failing to impress voters

Anthony Albanese records strong approval of his performance as prime minister, but the budget fails to impress those surveyed

The Guardian - AU

PM questions migration attacks – as it happened

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The Guardian - AU

From jobseeker to vaping: which of Labor’s budget measures are likely to pass parliament?

While some government changes don’t require legislation, others will involve a fight – and battle lines are being drawn

The Guardian - AU

Voters’ reaction to budget revealed as Chalmers hits the road

Treasurer Jim Chalmers will hit the road to sell voters on a budget that a poll finds has drawn a muted response from voters.

The New Daily

Jim Chalmers refuses to rule out Coalition's proposal to increase JobSeeker income free threshold

Federal Treasurer Jim Chalmers has refused to rule out the Coalition's proposal to increase the JobSeeker income free threshold, but Social Services Minister Amanda Rishworth has dismissed it as a "thought bubble with no substantive analysis behind it".

ABC News

Treasurer Jim Chalmers: We’ll deal with the states directly if Greens block housing initiative

Treasurer Jim Chalmers says he's willing to work with states and territories to boost funding for housing.

The New Daily

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The Guardian - AU

Labor leaves door open for jobseeker recipients to work more hours before losing payments

Treasurer says government won’t rule out adopting Peter Dutton’s proposal for social security recipients to be able to earn more before being penalised

The New Daily

‘Slightly less terrible’: Why the budget won’t worsen inflation

Opposition Leader Peter Dutton has accused the Albanese government of delivering an inflationary budget, but not all experts think so.

The New Daily

Dutton urges migration rethink to ease cost pressures

In the wake of his budget reply speech, Opposition Leader Peter Dutton is stepping up criticism of Labor over the pressures of higher migration levels.

ABC News

Former Liberal MP Craig Kelly claims the TGA has 'surrendered' on ivermectin. Is that correct?

United Australia Party national director Craig Kelly says the TGA "surrendered" on antiparasitic drug ivermectin with its decision to allow off-label prescription once again. But what actually happened?

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The New Daily

Budget measures that will help low-income workers and hit big superannuation funds

Treasurer Jim Chalmers' second budget contained only two significant superannuation measures but both have important effects.

The Guardian - AU

Has Jim Chalmers’ budget really poured fuel on the inflation fire? Don’t believe the hype

Headlines stoked fears of ‘stimulatory’ measures but you only need to look at the big banks and markets to see the reception was calm

The New Daily

Fury at millionaire’s pricey McLaren crane lift

A millionaire property investor has sparked a storm after stopping traffic to crane a $2 million sports car into his $39 million penthouse.

The New Daily

Labor policies pressure housing and families: Dutton

Peter Dutton is set to deliver the coalition's budget reply in the House of Representatives, revealing what aspects of Labor's plan he will support and reject.

ABC News

Did Treasurer Jim Chalmers keep his facts straight in this week's budget speech?

Treasurer Jim Chalmers used his budget speech this week to spruik the government's credentials and programs. But did he keep his facts straight?

The Guardian - AU

Opposition will ‘use every tactic’ to block bill – as it happened

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The Conversation

No, the budget does not make further interest rate rises more likely

Inflation, as Prime Minister Anthony Albanese has said, is “a tax on the poor”.

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