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The Latest Breaking News from Jim Chalmers

Labor wants super used to bolster housing supply and support the clean energy transition, but the opposition wants retirement savings to come first.

Crikey

Super for nest eggs not 'pet projects'

Labor wants super used to bolster housing supply and support the clean energy transition, but the opposition wants retirement savings to come first.

AAP

Be wary of politicians wanting to use super, no matter their political colour

When politicians start talking about using super to fix policy problems they themselves have created, the rest of us should be wary.

Crikey

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Where do the RBA and economists now stand on wages growth?

Decision makers are torn between wanting to lift wages for fairness and consumption, and wanting to keep wages down to control inflation.

The New Daily

Wages are not increasing — the RBA needs to join us in reality

The Reserve Bank keeps telling us wages growth will pick up. It keeps being wrong. Is anyone willing to be accountable?

Crikey

Australian women key focus at jobs summit

The federal government has released an issues paper in preparation for the jobs and skills summit, outlining five key economic challenges to be addressed.

AAP

Business calls for 'catch up' migration, as participants position ahead of Albanese's jobs summit

Big business wants a “catch up boost” to permanent migration, with at least two thirds of the places going to skilled workers,

The Conversation

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Australia recoils over Chinese ambassador’s ‘concerning’ language about Taiwan

Government urges ‘restraint and de-escalation’ after Xiao Qian’s speech as Peter Dutton says ‘nobody should be surprised’ if conflict erupts between China and Taiwan

The Guardian - AU

Ideas welcome but tax cuts stay: Chalmers

Treasurer Jim Chalmers says the government is keen to hear from as many groups as possible at the upcoming jobs and skills summit, including the opposition.

AAP

Nationals to attend jobs summit, but no consensus yet on being inside the tent

David Littleproud calls it an inside the tent/outside the tent dilemma. Last week the Nationals leader and his colleagues chose outside. They voted

The New Daily

Peter Dutton says Liberals will not attend government's national jobs summit

Opposition Leader Peter Dutton rejects an invitation to next month's national jobs summit, which the government is spruiking as a key moment in designing its economic and workplace policy.

ABC News

ACTU pushes for caps on energy bills and a windfall tax on corporate profits ahead of jobs summit

Report proposes big changes to Australian economy including giving workers more clout to bargain for better pay

The Guardian - AU

Littleproud given invite to jobs summit

David Littleproud has been invited by the government to its national jobs and skills summit, after Opposition Leader Peter Dutton dismissed it as a stunt.

AAP

Dutton invited to jobs and skills summit

The national jobs and skills summit will bring together business, industry, unions and community groups – and the opposition, if it accepts the invitation.

Crikey

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The New Daily

Multinational tax crackdown looms as Labor reveals plan to claw back $1.8 billion

Corporations like Facebook and Apple are staring down the barrel of a huge crackdown on their tax affairs as the government moves to claw back billions.

Crikey

Chalmers flags multinational tax crackdown

Treasurer Jim Chalmers says a discussion paper on cracking down on multinational tax avoidance will be released within days.

The Guardian - AU

Labor slashes Morrison government’s ‘unrealistic’ productivity forecasts

Treasurer Jim Chalmers said Australians would get ‘real talk’ from his government about the country’s positioning

The Independent UK

Australian central bank hikes rate to 6-year high 1.85%

Australia’s central bank has boosted its benchmark interest rate for a fourth consecutive month to a six-year high of 1.85%

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The New Daily

Families to feel ‘sting’ of RBA rate hike: Chalmers

Treasurer Jim Chalmers says today is “another difficult day for Australian home owners” after the RBA lifted official interest rates to a six-year high.

The New Daily

Reserve Bank hikes official interest rates to six-year high

The Reserve Bank has lifted the cash rate by another half a percentage point as it seeks to rein in rising inflation. It's the fourth rate hike since May.

Crikey

Govt to work close with gas companies: PM

The prime minister says he wants to ensure gas supply in the domestic market following an extension of the trigger mechanism.

Crikey

Shirtfront the rich: why it’s time to bring back Tony Abbott’s tax on the uberwealthy

Australia faces a revenue problem — and Anthony Albanese might need to turn to an unlikely source in order to address it.

AAP

Government acts to boost local gas supply

The competition watchdog has forecast a gas shortfall in the east coast market next year if excess supply is exported, leading to action by the government.

The Guardian - AU

Australia facing ‘alarming’ gas shortfall in 2023 as ACCC urges producers to keep supplies onshore

Treasurer concerned after watchdog report warns of ‘substantial risk’ to nation’s energy security

Crikey

Government pushes gas trigger out to 2030

The competition watchdog has forecast a gas shortfall in the east coast market next year if excess supply is exported, leading to action by the government.

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