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Showing 1 - 10 of 30 results for "Jim Chalmers"

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 weeks 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 ...

Treasurer announces RBA review

ANDREW MCKEAN  |  WEDNESDAY, 20 JUL 2022
Treasurer Jim Chalmers is instituting the first major review of the setting of monetary policy and the Reserve Bank of Australia (RBA) since the 1990s. In the context of Australia facing a complex combination of difficult economic conditions, Chalmers ...

ANZ, Suncorp deal cops industry backlash

CASSANDRA BALDINI  |  TUESDAY, 19 JUL 2022
... Suncorp branches. "This is bad for jobs and bad for competition and the FSU will be making submissions to Treasurer Jim Chalmers and the ACCC, calling on them to reject this deal," she said. "ANZ's Shayne Elliott is trumpeting no net job losses for three ...

GDP rises but headwinds abound

ANDREW MCKEAN  |  THURSDAY, 2 JUN 2022
... explained: "We expect private consumption to be softer in Q2-Q3 as inflation remains elevated." "Incoming Treasurer Jim Chalmers has flagged fiscal pressures and has said that a trimming of spending should be expected when he presents the next Budget ...

Industry groups welcome Labor government

ANDREW MCKEAN  |  MONDAY, 23 MAY 2022
The Anthony Albanese-led Labor government has been congratulated on its election victory by the Insurance Council of Australia (ICA) and Association of Superannuation Funds of Australia. On the morning Albanese was sworn in as the 31 st prime minister ...

Chalmers sworn in as treasurer

JAMIE WILLIAMSON  |  MONDAY, 23 MAY 2022
... of Jane Hume as minister for financial services, superannuation, and the digital economy. Treasury is now led by Jim Chalmers, the man who has served as shadow treasurer since mid-2019. He was sworn in this morning shortly after the nation's 31 st prime ...
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