The Latest Breaking News from Jim Chalmers

Natural disasters caused billions in damage to the Australian economy in 2022 and the bill is expected to rise from further floods.

Australia's rich critical mineral and clean energy resources could be harnessed to drive economic prosperity as seen in the mid-2010s mining boom.

The treasurer has asked the consumer watchdog to investigate why interest rate increases on deposit products are often lower, slower or conditional.

Treasurer Jim Chalmers will consider cost-of-living relief measures in the May budget as long as they won't break the bank.

An Australian woman charged with willingly entering part of Syria that was under control of the Islamic State group has been freed on bail as a debate raged about the risk to the community

An accountancy firm has found seven out of 10 aged care centres ran at a loss over three months in 2022, as the federal government admits the sector is a mess.

The Australian government expects migration numbers to bounce back but troubling economic conditions and other uncertainties could weigh on migration.

Australia’s population will be four per cent or 1.2 million people smaller and older on average than predicted at the end of the decade due to the COVID pandemic's effect on immigration and birth rates.

From Thursday, travellers from China will be forced to take a pre-departure COVID-19 test before making the journey to Australia — a move that has sparked anger from Beijing.

WASHINGTON: The White House said there’s no reason Beijing should retaliate against the US and other nations that have imposed Covid restrictions on its travelers, saying the moves were justified on public health grounds as China experiences a surge in cases.

Tradies have been busy completing the backlog of construction work spurred by government stimulus programs but demand for building work is expected to slow.