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Showing 1 - 10 of 229 results for "Treasurer Jim Chalmers"

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 ...

ASFA makes suggestions for performance test overhaul

VINNY VUCAGO  |  THURSDAY, 9 JUL 2026
... benchmarks in consultation with industry experts as investment markets evolve. Koval said the review comes after Treasurer Jim Chalmers announced the government was looking at changes to the performance test after hosting the Economic Roundtable in August ...

CGT, negative gearing changes to become a law

RIDDHIMA TALWANI  |  FRIDAY, 26 JUN 2026
... reprieve from the new tax regime. "This is a victory for workers, first home buyers and future generations," Treasurer Jim Chalmers said. "The bill that has passed today will help ensure aspiration and opportunity are the birthright of every Australian ...

Start-ups, small businesses win CGT reform carveouts

KARREN VERGARA  |  FRIDAY, 19 JUN 2026
... announced in the Budget on May 12. Testamentary trusts will also be given a reprieve from the new tax regime. Treasurer Jim Chalmers is shifting the turnover threshold for small businesses to qualify for the 50% active asset CGT reduction from $2 million ...

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 ...
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