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Showing 1 - 10 of 225 results for "Treasurer Jim Chalmers"

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 ...

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
With Treasury pledging a whopping $14.8 billion to boost fuel security amid the Middle East crisis, the 2026 Budget has been criticised or missing key opportunities to progress the clean energy transition. Treasurer Jim Chalmers' Strengthening Australia's ...

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
As the 2026 Budget promises "bold, broad and ambitious" tax reforms, in addition to easing cost-of-living pressures and strengthening fuel security, wealth managers decry investors and the economy will not come out on top. Last night, Treasurer Jim ...
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