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Showing 211 - 220 of 225 results for "Treasurer Jim Chalmers"

Affordable housing in Budget spotlight

JAMIE WILLIAMSON  |  TUESDAY, 25 OCT 2022
... homes. State and territory governments will add up to 10,000 new homes as well, for a total of 20,000. Treasurer Jim Chalmers said the Accord is backed by superannuation funds, who will leverage more investment to deliver in members' best interests. ...

Data sharing laws updated in response to Optus breach

JAMIE WILLIAMSON  |  FRIDAY, 7 OCT 2022
... Optus and regulated financial institutions, with appropriate safeguards, to improve consumer protection," Treasurer Jim Chalmers said. "Financial institutions can play an important role in targeting their efforts towards protecting customers at greatest ...

Will big super's unlisted investments amplify retirement savings?

ANDREW MCKEAN  |  WEDNESDAY, 24 AUG 2022
Industry Super Australia (ISA) has said that industry super funds' exposure to unlisted assets could lead to its members having more than $130,000 extra at retirement. Today, industry funds have investments of over $1 trillion, including more than ...

Crypto asset reforms underway: Treasurer

ANDREW MCKEAN  |  MONDAY, 22 AUG 2022
Treasurer Jim Chalmers, minister for financial services Stephen Jones and minister for competition, charities and treasury Andrew Leigh have announced that work is underway on crypto asset reforms. "The Albanese government will improve the way Australia's ...

Strong wage growth lags inflation

ANDREW MCKEAN  |  THURSDAY, 18 AUG 2022
Treasurer Jim Chalmers and employment minister Tony Burke said they are pleased to see strong wages growth but noted it's still well short of inflation. Australian Bureau of Statistics (ABS) data shows the Wage Price Index rose 2.6% in the year to June ...

Government strengthens multinationals tax laws

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
... government is cracking down on multinational enterprises (MNEs) avoiding tax and transparency. Last week, Treasurer Jim Chalmers said it's the government's priority to make sure that multinational corporations pay a fair share of tax where they make ...

RBA lifts cash rate to 1.85%

ANDREW MCKEAN  |  WEDNESDAY, 3 AUG 2022
... later this year at around 7.75% before moderating in 2023 the RBA stated. Responding to the RBA decision, treasurer Jim Chalmers said: "Australians knew this was coming but it doesn't make it any easier to handle." Chalmers commented that the government ...

Treasurer responds to dour inflation, growth

ANDREW MCKEAN  |  THURSDAY, 28 JUL 2022
Treasurer Jim Chalmers has addressed Australia's confronting inflation numbers and the International Monetary Fund's (IMF) substantial global growth downgrades at a Canberra press conference. Unsurprised to see inflation north of 6%, Chalmers ...

Wayne Byres to stand down

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
... reappointed to another five-year term in 2019 but has decided to cut that short. Acknowledging the decision, Treasurer Jim Chalmers thanked Byres for his dedicated service. "He'll be greatly missed but I wish him well," Chalmers said. "Throughout ...

Foreign investment fees to double

JAMIE WILLIAMSON  |  FRIDAY, 22 JUL 2022
... Investment Review Board fees over the next four years under new regulations. Seeing through an election promise, Treasurer Jim Chalmers is doubling fees for offshore investors from July 29. The fees differ across residential, agricultural, and commercial ...