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Showing 91 - 100 of 225 results for "Treasurer Jim Chalmer"

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
Opposition leader Peter Dutton put his party's policies on the table during his Budget reply speech, in which he campaigned on energy price reductions, a tougher stance on immigration and increased spending for healthcare and education. While Treasurer ...

Labor accelerates defence spending

KARREN VERGARA  |  TUESDAY, 25 MAR 2025
The defence portfolio will grow to $57.6 billion over the next decade as the Albanese government tightens national and economic security amid growing geopolitical tensions. As announced last year, the government will invest an additional $50.3 billion ...

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
The 2025-26 Federal Budget revealed the Labor government's first deficit since taking power in 2022. Forecasts for the 2024-25 year were revised to show a $27.6 billion deficit, and forecasts show the deficit is expected to grow to $42.1 billion ...

Roads, railways, NBN winners in Budget

KARREN VERGARA  |  TUESDAY, 25 MAR 2025
Labor's attempt to build new and revitalise existing roads and railways will see a $17.1 billion allocation over 10 years, while the NBN will receive a $3 billion bonanza. The Federal Budget commitment to improve transportation networks forms part ...

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 ...

Government makes record commitment to Medicare

MATTHEW WAI  |  TUESDAY, 25 MAR 2025
Handing down the Federal Budget, Treasurer Jim Chalmers said the government is reducing all prescriptions available through the pharmaceutical benefits scheme (PBS), as well as investing a "record" $7.9 billion in Medicare to lift bulk billing rates. ...

What to expect in the 2025 Federal Budget

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
Treasurer Jim Chalmers will present the 2025 Federal Budget tonight, with years' worth of deficits expected to be revealed as well as ongoing cost-of-living relief. The ongoing cost-of-living relief is expected to take front and centre, especially as ...