The Latest Breaking News from Jim Chalmers

Prime Minister Anthony Albanese says a budget cash handout would have been "cheap politics and hugely expensive economics".

Shadow treasurer describes the policy as the greatest ‘marker of values in this term of parliament’

A Newspoll, conducted October 27-30 from a sample of 1,500, gave Labor a 55-45 lead, a two-point gain for the Coalition since the last Newspoll in early September. Primary votes were 38% Labor (up one), 35% Coalition (up four), 11% Greens (down two), 6% One Nation (down one), 1% UAP…

Increases in electricity and gas prices are less to blame for the cost-of-living squeeze than many other components. Here’s why

Australia’s central bank has boosted its benchmark interest rate for a seventh consecutive month to a nine-year high of 2.85%

Contentious parts of the Albanese government's proposed workplace reforms are unlikely to be split off to make the laws pass parliament sooner.

Tensions between Beijing and Canberra won’t ease for the foreseeable future, so Australia needs to keep looking for markets elsewhere.

Survey after Jim Chalmers’ first budget suggests people pessimistic about economic outlook amid cost-of-living pressures

Longtime Labor supporter says Plibersek told him she disagreed with the decision to keep tax cuts legislated by former Coalition government

Growing calls for a price cap on gas are being taken seriously by the federal treasurer ahead of a predicted rise in energy prices.

While voters cop higher energy prices, resource companies are pocketing billions. Labor needs to act, but remains scarred by the past.