Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 31 - 40 of 98 results for "Jim Chalmers"

What you need to know about the 2023-24 budget

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... the Labor Party unveiled a package of measures in response to mounting economic uncertainties. Federal treasurer Jim Chalmers delivered the 2023-24 federal budget against a backdrop of the local economy grappling with soaring inflation, rising interest ...

Federal budget 2023: Winners and losers

TOM WATSON  |  TUESDAY, 9 MAY 2023
... coming into office last year, and as expected, cost of living support has featured prominently. So what has treasurer Jim Chalmers included in the 2023 federal budget when it comes to spending and cuts? And which Australians are likely to benefit or ...

Labor strengthens economic equality initiatives

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... promises to expand initiatives introduced in October 2022 that aim to tackle economic inequality. Federal treasurer Jim Chalmers introduced a number of measures on budget night in the hope of improving women's economic status and wellbeing, starting ...

Budget cuts advisers' power bills, admin burden

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... introduced, which includes buffering the rising costs of power bills and reducing administration burdens. Federal treasurer Jim Chalmers announced that the Small Business Energy Incentive will help about 3.8 million small- and medium-sized enterprises ...

Labor cracks down on unpaid super

ANDREW MCKEAN  |  TUESDAY, 9 MAY 2023
... as a proportion of superannuation raised, and the amount of super distributed within a year. Meanwhile, treasurer Jim Chalmers flagged "modest, but meaningful revenue measures" like tightening superannuation tax concessions for wealthy Australians. The ...

Funding boosts ASIC greenwashing remit

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... crackdown on protecting investors against investment scams and other misconduct from product issuers. Federal treasurer Jim Chalmers bolstered ASIC enforcement activity against greenwashing in the sustainable investing sector, pledging $4.3 million for ...

Budget delivers surplus, with a catch

ANDREW MCKEAN  |  TUESDAY, 9 MAY 2023
... in 15 years, but structural deficit challenges continue to pose a threat to long-term fiscal stability. Treasurer Jim Chalmers touted the surplus and smaller deficits compared with recent budgets. "We are now forecasting a small surplus in 2022-23 which ...

Jones calls for taxonomy to clarify greenwashing

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 MAY 2023
... alignment with our broader sustainable finance objectives and what our market and regulator needs." Recently, Treasurer Jim Chalmers announced the government will co-fund the initial development phase of an Australian Sustainable Finance Taxonomy, in ...

Payday super to boost retirement savings for millions

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
... employees to keep track of their payments, and harder for them to be exploited by disreputable employers," Treasurer Jim Chalmers said. "The change will particularly benefit those in lower paid, casual and insecure work who are more likely to miss out ...

March inflation drops to 7%

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
... inflation for services also increased to 6.1% from 5.5% in the December quarter, the highest level since 2001. Treasurer Jim Chalmers said the latest ABS data confirms that inflation has passed its peak and is beginning to moderate. While inflation is ...