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Showing 1 - 10 of 283 results for "Chalmers"

Chalmers applauds $22bn Budget deficit

ELIZA BAVIN  |  TUESDAY, 29 SEP 2026
The Budget deficit in 2025-26 was $22.3 billion, according to the Final Budget Outcome (FBO), with Treasurer Jim Chalmers saying the figure it still $6 billion better than the $28.3 billion estimated in the 2026-27 Budget. As a share of the economy ...

Treasury floats innovative businesses CGT concession draft laws

KARREN VERGARA  |  MONDAY, 14 SEP 2026
... early-stage tech startups and will retain concessional treatment across multiple investments," TCA said. In June, Treasurer Jim Chalmers proposed a $10 million turnover threshold for small businesses to qualify for the 50% active asset CGT reduction ...

APRA simplifies retirement data collection by trustees

RIDDHIMA TALWANI  |  FRIDAY, 11 SEP 2026
... collect and report data from superannuation funds as part of its work under the Retirement Income Covenant. Treasurer Jim Chalmers released the reforms to help put as much focus on the retirement phase as there is in the accumulation phase. APRA's ...

New law tightens foreign resident CGT rules on Australian property assets

KARREN VERGARA  |  FRIDAY, 11 SEP 2026
... pay tax on assets including for infrastructure and other assets closely connected to Australian land," Treasurer Jim Chalmers said. The bill contains other key reforms, such as tougher penalties for misconduct, providing certainty and clarity for investors ...

Industry, economist blasts One Nation's super agenda

RIDDHIMA TALWANI  |  TUESDAY, 8 SEP 2026
... short term and boost supply (productivity) in the long term (and eating away at super won't help that)." Treasurer Jim Chalmers said the policy means less money and less economic security for millions of Australian workers. "This will end superannuation ...

Treasury launches minimum tax on discretionary trusts draft legislation

KARREN VERGARA  |  FRIDAY, 4 SEP 2026
... for genuine testamentary purposes will be excluded. Treasury is taking submissions until September 18. Treasurer Jim Chalmers said the draft legislation takes into account stakeholder feedback received in response to the consultation paper released in ...

Australian economy growth 'stronger than expected'

RIDDHIMA TALWANI  |  THURSDAY, 3 SEP 2026
... uncertainty, but it is encouraging to see both dwelling investment and building approvals holding up," Treasurer Jim Chalmers said. Productivity remained flat in the quarter across the economy and up 0.2% in the market sector. "We know that we have a ...

S&P reaffirms Australia's AAA credit rating

VINNY VUCAGO  |  FRIDAY, 7 AUG 2026
... savings reforms as measures expected to strengthen Australia's fiscal position over the coming decade. Treasurer Jim Chalmers said the decision reflected the government's economic management at a time of increasing geopolitical and economic volatility. ...

Treasury rolls out negative gearing, CGT Tranche 2 consultation

KARREN VERGARA  |  WEDNESDAY, 5 AUG 2026
... property and assets without a readily ascertainable market value. The consultation period ends on August 21. Treasurer Jim Chalmers said the draft materials reflect the government's commitment to consult on more complex elements of the tax reforms announced ...

Treasury expects regulators to do the heavy lifting

MATTHEW WAI  |  FRIDAY, 17 JUL 2026
... approach, and seek to support efficiency, growth and innovation in the parts of the economy it regulates. Treasurer Jim Chalmers said the SoE is focused on building a more productive, resilient economy that works in the interests of Australians. "This ...
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