The Latest Breaking News from Jim Chalmers

Treasurer Jim Chalmers has unveiled a budget that includes cost of living relief and down payments on election promises, but warns of hard decisions to come.

Treasurer Jim Chalmers will deliver his first budget this week, while proposed workplace relations and data breach laws will also be introduced to parliament.

Treasurer Jim Chalmers says his first budget will show a multi-billion-dollar improvement on forecasts from the previous government's budget.

Treasurer Jim Chalmers has said the budget bottom line will be more than $40 billion better over the four-year forward estimates in total than previously forecast.

Treasurer Jim Chalmers will deliver on election commitments but emphasise spending restraint and preserving an improved fiscal position.

Jim Chalmers’ first budget to reveal $42bn improvement to bottom line across forward estimates but conditions will deteriorate after two years

Treasurer Jim Chalmers is promising a ‘solid, simple and sensible’ federal budget for the times. Here’s a summary of what has already been flagged on spending, savings and tax

Do you have questions about the federal budget or are you concerned about how it affects you? Tell us more

Budgets are typically handed down once a year in May but the last few years have seen the budget timetable thrown out the window and the financial plans delivered at all different times of the year. Here's why.

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Ahead of this week’s budget, Treasurer Jim Chalmers says he wants Australians to prepare for a serious conversation about how to pay for the services we need.