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Showing 131 - 140 of 225 results for "Treasurer Jim Chalmers"

Consultation begins on new merger notification thresholds

ANDREW MCKEAN  |  MONDAY, 2 SEP 2024
... merger notification thresholds as part of broader reforms designed to boost competition and productivity. Treasurer Jim Chalmers said in a joint statement said that they're designed to ensure the ACCC is informed of mergers most likely to be anti-competitive ...

Regulators given new powers to protect financial markets in crises

ANDREW MCKEAN  |  FRIDAY, 23 AUG 2024
... in place new powers for regulators to protect financial market infrastructure in the event of a crisis. Treasurer Jim Chalmers said the new laws will provide regulators with more powers to manage financial market infrastructure risks, addressing a regulatory ...

Chalmers 'confident but not complacent' on economic prospects

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
Treasurer Jim Chalmers has spoken out on the likelihood of Australia falling victim to the impacts of a potential US recession. This comes after global markets sustained a major sell-off, with the ASX losing $102 billion on Monday, after US data revealed ...

Government lifts funding to preserve banking in the Pacific

ANDREW MCKEAN  |  WEDNESDAY, 10 JUL 2024
... these vital services help communities to access foreign currencies and international payment systems," treasurer Jim Chalmers said at the Pacific Banking Forum. "And we also know that without them, large parts of the Pacific risk being cut off from the ...

New inspector-general of taxation appointed

ELIZA BAVIN  |  MONDAY, 24 JUN 2024
... Payne, for her service and contribution leading the IGTO over the past five years," Jones said. In addition, Treasurer Jim Chalmers announced the appointment of Selwyn Button, Alison Roberts and Barry Sterland as full-time commissioners to the Productivity ...

What's keeping the Treasurer up at night?

ANDREW MCKEAN  |  THURSDAY, 13 JUN 2024
Treasurer Jim Chalmers said at the Morgan Stanley Australia Summit in Sydney yesterday that a key goal of the Budget was to fight inflation in a way that doesn't damage an already weak economy. "... the primary focus of the Budget was to tackle inflation ...

More businesses fold, unpaid super recovery measure to launch

KARREN VERGARA  |  THURSDAY, 6 JUN 2024
... Corporations and Financial Services inquiry last year. Super has not been included in the entitlements until Treasurer Jim Chalmers announced the recalibration last May, saying the measure will achieve efficiencies of $13 million over four years from ...

Industry reacts to Federal Budget

ELIZA BAVIN  |  WEDNESDAY, 15 MAY 2024
Treasurer Jim Chalmers handed down the Federal Budget last night, delivering its second consecutive surplus as well as a raft of measures to ease the cost-of-living crisis. Despite many of the measures presented in the Budget having been announced prior ...

Budget 2024: The Budget by numbers

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
Treasurer Jim Chalmers has unveiled his second consecutive Budget surplus tonight of $9.3 billion this year. This was the first back-to-back surplus in nearly two decades. However, instead of celebrating, Chalmers warned pressures on the Budget would ...

Budget 2024: Stage 3 tax cuts to take effect July 1

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... reduce the 19% tax rate to 16% and increase the threshold for the 37% tax rate from $120,000 to $135,000. Treasurer Jim Chalmers said the average benefit would be around $1888 a year, or $36 a week. "Our new tax cuts for middle Australia are the biggest ...