Grateful for the questions and insights from Griffith University students at the economics and public policy roundtable hosted by the business school this week.
Jim Chalmers
@jimchalmers.bsky.social
Treasurer of Australia, Labor MP for Rankin, proudly Logan, QLD born & bred. Authorised by J. Chalmers, ALP, Logan Central.
BREAKING: We’re helping to deliver cheaper energy for businesses, farms and community organisations. We’re putting more rooftops to work by expanding support for medium-sized solar systems and cutting installation costs by around 20%.
BREAKING: New numbers show that more businesses were created in July than in any other month on record.
BREAKING: New numbers show headline inflation has come down and is lower than expected. In the monthly data, headline inflation was 3.8% in the 12 months to June, down from 4% in May.
The Coalition can't win the next election without joining One Nation and today one of the Liberal Party's front benchers has confirmed that's their plan.
A special evening launching the new edition of Ross McMullin’s The Light on the Hill with PM @Anthony Albanese. Grateful for the opportunity to celebrate such an important book, and to reflect on Labor’s history and achievements.
Early start talking with Peter Malinauskas and Tom Koutsantonis about working together to help build a South Australian economy full of opportunity. Thanks to Mercato North Adelaide for the coffee.
From cutting taxes for workers and making the tax system fairer, to building more homes and helping first home buyers - Labor is delivering real change for Australia.
BREAKING: More than 76,000 jobs were created in June and more than 1.3M jobs have been created under our watch.
We're expanding paid prac to student paramedics, pharmacists, psychs, physios and more.
Big thanks to Emma Comer for inviting me to check out this fantastic new 60-apartment housing site, which Labor is helping to fund and deliver in Margate.
GET THE FACTS: There’ve been 30 times the number of businesses starting up than closing down each day on average under Labor, and insolvency rates are almost half what they were under the Howard Government.
This week Labor released our plan to maximise the upsides and minimise the risks of AI in Australia. Part of that is about legislating standards for data centres, making sure that creatives maintain control of their work, and centralising AI in the work of the Cabinet and the government.
NEWS: More new businesses were created in June, after the Budget, than in any other month on record. New numbers out this week show more new businesses were registered last month than in any other month since these records first began in 1999.
Some of the best coffee in our local community is roasted and brewed by Joe, Deb and their team at Simply Beans, an outstanding small business in Underwood.
GET THE FACTS: Australia’s gross debt as a share of the economy is lower than any major advanced economy. Gross debt in the last financial year was almost $200 billion lower than what we inherited.
The minimum wage has gone up $12,000 a year under Labor. Around 3 million workers just got another pay rise. And every taxpayer just got another tax cut. This is the cost of living relief that millions of Australians need and deserve.
Whether it's more tax cuts for every taxpayer, higher wages for workers or a fairer tax system to help first homebuyers get into the market, Labor is delivering real change that will make a meaningful difference to Australians.
GET THE FACTS: IMF data shows that Australia has surged up global rankings for the best budget management to have one of the three strongest balances in the G20. Under our predecessors in 2021, Australia ranked just 14th. Responsible economic management is a hallmark of this Albanese Government.
New parents want to spend as much time as they can with their children and every moment is precious. We understand that and we're doing something about it. That’s why from today, we’re delivering six months of Paid Parental Leave – giving families more time and more support.
From today we're cutting taxes again and millions of workers will get a pay rise. Labor's tax cuts will start rolling out for every taxpayer from today. Our five tax cuts will benefit the average worker by up to $2816 a year.
A big day today with more cost of living relief coming in the form of more tax cuts and pay rises, payday super and an extension to paid parental leave, fuel tax relief and the small business instant asset write off.
Taking a moment to thank Uniting aged care workers at Weston this morning, the day before we see another boost to award wages in these really important industries. Tomorrow we cut taxes again, boost wages again, expand paid parental leave again, start payday super and extend fuel excise relief.
Early very chilly start on morning TV talking about all the new cost of living help that kicks in from tomorrow: tax cuts, wage rises, more paid parental leave, super on payday and an extension to fuel tax relief.
BREAKING: Labor's fuel tax cut for July has just passed the Parliament which will save motorists around $11 every time you fill up your tank. It's just one way we're delivering cost of living relief, with another round of tax cuts for every taxpayer rolling out from this Wednesday as well.
We’re delivering more tax cuts and cost of living help and we’re delivering real change to the tax system to make it fairer for first home buyers and to address the legitimate concerns people have about their place in our economy.
We're cutting taxes for workers and making it easier for Australians, especially young Australians, to get a toehold in the housing market. That's why these reforms are a win for Australian workers and first homebuyers.
BREAKING: Our legislation to deliver more tax cuts for workers and a fair go for first homebuyers just passed the Parliament.
BREAKING: New jobs numbers just out show the unemployment rate fell to 4.4% in May and 40,300 new jobs were created. This is a very welcome reminder of the strength of our labour market and the resilience of our economy in the face of all this global uncertainty.
BREAKING: We've just introduced legislation that will deliver for every Australian small business.