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Showing 1 - 10 of 270 results for "Chalmers"

US proposes fresh tariffs on Australia

ELIZA BAVIN  |  THURSDAY, 4 JUN 2026
... encourage and entrench forced labour globally." When questioned about the report and potential new tariffs, Treasurer Jim Chalmers slammed the allegations. "We maintain the position that these tariffs are unwarranted, they're unjustified, and they're ...

Proposed CGT reforms could upend HNW low advice demand

KARREN VERGARA  |  FRIDAY, 22 MAY 2026
The high-net-worth (HNW) population's vast pool of wealth estimated to be worth a whopping $4.4 trillion, yet only one quarter employ the services of a financial adviser, new research finds, but Labor's proposed tax reforms could change this. ...

Government to fast track low-risk foreign investments

RIDDHIMA TALWANI  |  WEDNESDAY, 20 MAY 2026
... and increase screening requirements for targeted investments to better protect more sensitive sectors. Treasurer Jim Chalmers said the second round of foreign investment reforms is about making improvements so the regime is stronger where risks are high ...

Removing CGT discount on all assets will make tax system fairer: Chalmers

RIDDHIMA TALWANI  |  TUESDAY, 19 MAY 2026
Treasurer Jim Chalmers said changes to the capital gains tax (CGT) is fundamentally about reducing distortions in the tax system as a whole and to introduce a more fair and neutral system in place of the current one. Speaking at the Bloomberg Forum ...

Future Fund makes two new appointments

ELIZA BAVIN  |  MONDAY, 18 MAY 2026
Treasurer Jim Chalmers has appointed two new members of the Future Fund Board of Guardians for five-year terms. Fiona Trafford-Walker commenced her term on May 12, and Adam Tindall will also join following the conclusion of Deborah Ralston's term in ...

Budget boosts fuel security, misses clean energy opportunities

KARREN VERGARA  |  THURSDAY, 14 MAY 2026
... smelting and manufacturing," he said. Reacting to the global oil shock sparked by the ongoing Israel-US war on Iran, Chalmers will use Export Finance Australia's $7.5 billion Fuel and Fertiliser Security Facility to strengthen longer-term fuel security ...

Structural reforms necessary despite global shocks: Chalmers

RIDDHIMA TALWANI  |  THURSDAY, 14 MAY 2026
Addressing the National Press Club Treasurer Jim Chalmers said global shocks are no longer rare and it is not possible to wait for calm to embark on big policy changes. "It's no longer possible to separate cyclical and structural change, or to deal ...

Investors the biggest losers in 2026 Budget

KARREN VERGARA  |  WEDNESDAY, 13 MAY 2026
... Discretionary trusts, meanwhile, are set for a shakeup after being slapped with a 30% minimum tax. From 1 July 2028, Chalmers proposes to introduce the new tax that will be paid by trustees given they control distributions. Beneficiaries will still need ...

Industry welcomes government's productivity push

RIDDHIMA TALWANI  |  WEDNESDAY, 13 MAY 2026
... Australia's productivity agenda, progressing the majority of near-term recommendations for the Commonwealth," Treasurer Jim Chalmers said.

Foreign investors housing ban extended

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
... from 1 July 2027, to restore the taxation of real gains, and introduce a minimum tax rate of 30% on realised gains," Chalmers said. "This will apply to all assets except new homes, where both new and old arrangements will be available. It will be prospective ...
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