Chalmers “shooting for a second surplus” amid shifting budget fortunes
Federal treasurer Jim Chalmers is still angling for a second surplus but warns softening commodity prices and the weakening jobs market could ruin the upside surprise.
Chalmers says budget won’t ignore the slowing economy
Fighting inflation won't be the sole focus of the upcoming federal budget, the treasurer has declared, warning the slowing national economy can't be ignored.
Australian economy tipped for a soft landing as inflation falls
A soft landing for the economy remains on the cards as the Reserve Bank maintains it's possible to drive down inflation without sacrificing growth.
Measuring what matters: Chalmers unveils ‘ecological economics’ to track Australia’s wellbeing
Treasurer Jim Chalmers is about to release what he is calling “Measuring What Matters” – Australia’s first national wellbeing framework.
No extra cost of living relief but budget repair job is underway: Chalmers
Treasurer Jim Chalmers said a healthier budget would give the government more flexibility to respond to economic challenges in the future.
Chalmers boasts 3.6% unemployment rate, says record 465,000 jobs created in Labor’s first year
Treasurer Jim Chalmers says the national economy is prepared to take on global headwinds, following data showing Australia outperforming international peers.
Budget 2023: $392.4 million for startups and SMEs from new Industry Growth Program
Minister for Industry and Science Ed Husic confirmed that the Industry Growth Program would include grants and mentorship for startups.
The ‘blockbuster’ review of the RBA by Jim Chalmers and what it means for its future
Chalmers offered in-principle agreement to all 51 of the panel’s recommendations and said he would be seeking support from the Opposition for any legislation needed to implement them.
Thirteen ways to bridge the $70 billion a year deficit in our budget
Spending cuts have been the focus of budget repair efforts for most of the past decade, so a lot of the low-hanging fruit has already been picked.
An expert behind the Productivity Commission’s 5-year review shares his recommendations for the Australian economy
Over the 60 years to 2019-20, labour productivity (production per hour worked) grew at an average of 1.8% per year, which sounds small but compounds each year.
What do small businesses want in this year’s Federal Budget?
The first Labor budget in a decade will be dropped on Tuesday 25 October by the new Treasurer, Jim Chalmers. Amidst an existing economic climate that’s replete with consecutive interest rate rises, mortgage pressure, soaring inflation and a higher cost of living — this will be an important budget for both individuals and small businesses.
Treasurer Jim Chalmers will deliver another budget in October this year
Chalmers says he will deliver a budget in the last week of October, so as to put the Albanese government’s election promises in play and start the cutting back of wasteful expenditure.
