Focus
Jim Chalmers
Opposition Accuses Labor of ‘Raiding the Nation’s Nest Egg’ in Future Fund Shift
The Labor government has directed the Future Fund to consider investments in housing, infrastructure, and green energy.
Australia’s Sovereign Wealth Fund Instructed to Target Housing, Climate Change
The Future Fund is now worth $230 billion and was created to ease the government’s reliance on taxpayers.
‘Give Retirees Peace of Mind’: Reforms Unveiled Aimed at Improving Super Performance
The treasurer is moving the changes as more Australians prepare to retire and draw from their super accounts.
Labor to Mandate Cash Option for Buying Essentials
The opposition has called for clarity regarding what ‘essential’ items will come under the proposed law.
Treasurer Hopes to Lift Australia’s Productivity With $900 Million Fund
In an attempt to tackle low productivity growth, Jim Chalmers is offering up to $900 million to states and territories to help them improve.
Australia Risks Capital Flight as US Prepares for 15 Percent Corporate Tax Cut
The move is part of a broader package to revive U.S. competitiveness and has political leaders around the world watching closely.
Treasurer Says Australia Not Immune to Potential Trump Tariffs, But Confident Country Can Prosper
The Labor government has also said AUKUS will continue to progress.
Coalition Backs Merger Law Reform but Raises Concerns About Red Tape, Unneeded Costs
Shadow Treasurer Angus Taylor cautions that while the bill may tackle competition issues, it risks adding red tape, compliance costs, and stifling innovation.
Treasurer Celebrates Dropping Inflation Amid Opposition Criticism
Australian Bureau of Statistics on Oct. 30, revealed a drop in inflation to 2.8 percent, the lowest level recorded in almost 4 years.
Treasurer Blames Global Instability for Australia’s Inflation Troubles
Chalmers ruled out changes to negative gearing. The review so far showed they wouldn’t address the housing supply crisis.
Jobs in NDIS Are ‘Real Jobs’: Treasurer Backs Growth Figures
The treasurer argues jobs in the care sector should not be considered less important than private sector roles.
A Million New Jobs Put Lower Interest Rates Further out of Reach
Good news for out-of-work Australians is likely to translate as bad news for those with mortgages.
Australian Government Moves to Ban Debit Card Fees
If approved, the ban on debit card payment fees could come into effect by January 2026.
Chalmers Warns of Economic Risks as Middle East Conflict Drives Oil Price Surge
The global oil market has seen a sharp spike in prices, with Brent crude oil now trading at around $77 a barrel—a 7 percent increase in just over a week.
Australia to Tighten Scrutiny of Mergers Involving Large Companies
The proposed reforms will also speed up merger deals that are deemed not to threaten competition.
New Data Reveals Consumer Spending Still Slow, Despite Inflation Drop
Spending on services did rise 0.4 percent in August, led by increases in air travel, hotel accommodation, and dining out.
Angus Taylor Challenges PM’s Surplus Claim, Citing Increased Taxation and Spending
In contrast to Taylor’s claims, Chalmers stated that the surplus was achieved not by increasing taxes but by reducing spending.
Government Claims Credit for $15.8 Billion Budget Surplus, Opposition Labels It Superficial
The surplus is estimated to have been generated largely due to two major reforms in NDIS and aged care policies.
Treasurer Fears Struggling Chinese Economy Could Cost Australia Billions
Billions are at stake for Australia as China’s economy teeters, Jim Chalmers has warned.
Opposition Rejects Any Change to Negative Gearing
An academic and tax expert says negative gearing policy has little to do with housing crisis.
