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The Latest Breaking News from Jim Chalmers

Moody's affirms Australia's AAA rating

Treasurer Jim Chalmers has welcomed Moody's affirmation of Australia's AAA credit rating.

AAP

Moody’s affirms Australia’s AAA rating

Treasurer Jim Chalmers has welcomed Moody’s affirmation of Australia’s AAA credit rating.

Crikey

Future make-up of RBA board a 'key consideration' going forward, says Federal Treasurer

Federal Treasurer Jim Chalmers throws his support behind calls for the Reserve Bank board to be more representative of the broader Australian community, following scathing criticism that it is out of touch with workers demanding wage increases.

ABC News

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Extraordinary commodity prices aid budget

Strong prices for Australia's commodities has seen a marked improvement in the budget, Treasurer Jim Chalmers says, but he warns these prices are volatile.

AAP

RBA review not about taking shots at Lowe

Treasurer Jim Chalmers says one of the objectives of a review of the Reserve Bank is to make sure the its board has the right composition.

Crikey

Jim Chalmers says inflation will go higher, but unions are right to push for higher wages

Treasurer says it is ‘uncontroversial’ for unions to note that wage rises are below inflation, and suggests there may be a place for workers’ representative on RBA board

The Guardian - AU

Albanese dismisses crossbench staff furore

Prime Minister Anthony Albanese has defended reducing the number of staff crossbench MPs and senators can hire after criticism from ‘teal’ independents.

Crikey

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Ministers defend cut to crossbenchers’ advisers, despite fury of Jacqui Lambie and other independents

Lambie, Zali Steggall and David Pocock have attacked the Albanese government’s decision, saying they may not support legislation if they don’t have the resources to understand it

The Guardian - AU

Beyond GDP: Jim Chalmers' historic moment to build a well-being economy for Australia

Australia’s new federal treasurer, Jim Chalmers, spoke regularly in opposition about a well-being budget and the need to measure more than just the traditional economic indicators.

The Conversation

US recession, the economic flu we could all do without — fingers crossed

With a 44% chance of the US entering recession, what do we need to know about Australia’s chances of going the same way?

Crikey

Public service shake-up continues with four new secretaries for government departments – as it happened

This blog is now closed

The Guardian - AU

Australia joins pandemic preparedness fund

The Albanese government will provide money for a new global fund designed to help prevent future pandemics.

Crikey

Where did the RBA find evidence of wage growth?

The Reserve Bank of Australia is facing a federal government review, and we found one good reason for it: Wages growth data has come from a source that an expert called not "statistically valid".

ABC News

The case for putting union boss Sally McManus on the Reserve Bank board

The nine-member board of the RBA is made up of accomplished individuals, but more diversity to break up its current, conservative viewpoint would be welcomed.

Crikey

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Crikey

RBA boss Philip Lowe is on the TV. Should we be worried?

A prime-time TV appearance by the governor of the RBA may have been engineered to calm nerves, but what is he really trying to tell us?

The New Daily

Alan Kohler: The NDIS could crush the Labor government

The Albanese government faces something of a classic Hobson’s Choice when it comes to the revamping the NDIS, writes Alan Kohler.

Pedestrian.tv

Federal Treasurer Jim Chalmers Backs State Talks To Scrap Stamp Duty So Here’s The Lowdown

Starting with “what the fuck is stamp duty?“.

Crikey

Jim Chalmers: data drone or man of the people?

The treasurer is a zealot for economic data telling the ‘true story’ — perhaps blindingly so. But has he since changed tack?

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Crikey

Labor must take the reins of progressivism — otherwise the times will suit no one

The politics of a knowledge and information society is what won the election, and now it must be made to work for the masses.

The Conversation

Australia's Reserve Bank has got a lot right, but there's still a case for an inquiry

Treasurer Jim Chalmers is about to commission an independent review of the Reserve Bank of Australia. Refreshingly, his election promise was bipartisan – both sides of politics want it.

The New Daily

Madonna King: When the cost of living becomes the cost of suffering

Floods, COVID supply issues and war created a perfect storm. Those battening down the hatches aren’t seeing perfection anywhere near their household spend.

The New Daily

Cost-of-living crisis another case of runaway inflation

Both a full-blown cost-of-living crisis and a related but independent energy crisis have broken out in the past month, as Labor takes the government reins.

The Conversation

Grattan on Friday: If the Albanese government did what really needs to be done, it would be a very big target

Usually the speeches of treasury secretaries are relatively bland, echoes of their political masters. But an address this week from Steven Kennedy was something quite different.

Crikey

Who exactly is Dr Jim Chalmers?

Our new treasurer believes Labor has never received due credit for its economic management, especially during the global financial crisis.

AAP

Payroll jobs grow more slowly than 2021

The Australian Bureau of Statistics said payroll jobs grew by 0.2 per cent in the month to May, recovering after the impact of the Easter holiday in April.

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