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Showing 91 - 100 of 270 results for "Chalmers"

Future Fund muscles past annual target return, lags in March quarter

ANDREW MCKEAN  |  TUESDAY, 6 MAY 2025
... sector pension liabilities - "a classic rainy-day fund." But under prime minister Anthony Albanese and treasurer Jim Chalmers, "that model has now been decisively overhauled." With public debt soaring, a housing crisis that's hitting the younger ...

Global economic uncertainty the main priority: Chalmers

ELIZA BAVIN  |  MONDAY, 5 MAY 2025
Freshly re-elected Federal Treasurer Jim Chalmers said the "immediate focus" of the government is tackling global economic uncertainty because of US President Donald Trump's tariffs. Speaking with the ABC after the election win, Chalmers said he is ...

Dutton doubles down on 'super for housing' policy

ELIZA BAVIN  |  FRIDAY, 28 MAR 2025
... reductions, a tougher stance on immigration and increased spending for healthcare and education. While Treasurer Jim Chalmers' Budget on Tuesday had little mention of policies that would impact superannuation or financial services, Dutton doubled down ...

Labor accelerates defence spending

KARREN VERGARA  |  TUESDAY, 25 MAR 2025
... security are increasingly intertwined as we grapple with global risks and the evolving security environment," Treasurer Jim Chalmers said. The government's 2024 National Defence Strategy set in motion a transformation of the Australian Defence Force's ...

Chalmers boosts Help to Buy scheme, construction sector

KARREN VERGARA  |  TUESDAY, 25 MAR 2025
Treasurer Jim Chalmers will boost the Help to Buy scheme and revive the drooping housing construction sector in a bid to build more homes faster and tackle housing unaffordability. As part of the Federal Budget, Chalmers is expanding the Help to Buy ...

Budget deficit to balloon to $42.1bn

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
... PEFO over the seven years to 2028-29. The deficit in 2024-25 is almost half what was forecast at PEFO." Treasurer Jim Chalmers announced a raft of spending measures as it prepared to announce the federal election. These include cost-of-living relief ...

Roads, railways, NBN winners in Budget

KARREN VERGARA  |  TUESDAY, 25 MAR 2025
... process is held. "This will help maintain critical aviation services for regional and remote communities," Treasurer Jim Chalmers said. "The government has secured commitments from the major banks to continue operating over 800 of their branches in regional ...

Green technology, clean energy receive Budget boost

MATTHEW WAI  |  TUESDAY, 25 MAR 2025
... continue "mobilising critical private investment into renewable energy, energy efficiency and low emissions technologies." Chalmers said the decisions are built on the tax incentives for critical minerals and green hydrogen legislated this year. "This ...

New tax cuts for every Australian 'a complete joke': UNSW

ANDREW MCKEAN  |  TUESDAY, 25 MAR 2025
Treasurer Jim Chalmers has kicked off the 2025-26 Federal Budget by declaring that cost-of-living pressures are "front and centre," unveiling two surprise tax cuts for all Australian taxpayers. From 1 July 2026, the 16% tax rate, which applies to taxable ...

Chalmers' warning on tariffs and trade wars

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
Treasurer Jim Chalmers said the global economy is "volatile and unpredictable" when unveiling the Federal Budget tonight - highlighting the threat of a global trade war. "The 2020s have already seen a global pandemic, global inflation and the threat ...