Jim Chalmers
@jimchalmers
Treasurer of Australia, Labor MP for Rankin, proudly Logan, QLD born & bred. Authorised by J. Chalmers, ALP, Logan Central.
Grateful for the questions and insights from Griffith University students at the economics and public policy roundtable hosted by the business school this week.
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%.
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.
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.
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.
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.
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: We've just introduced legislation that will deliver for every Australian small business.
It's 1 week until our payday super reforms come into effect. This will mean Australians get paid their super when they get paid their salary. These reforms are about making sure your super is paid, and paid on time.
Labor understands that workers, young people and first homebuyers are absolutely essential to Australian values, and our policies reflect that.
We’ve secured support to get our tax reforms through the Parliament. This will mean a fair go for first homebuyers, tax cuts for workers and a fairer tax system as well.
Spent some time with young retail workers brought to Canberra by the SDA today, hearing about their goals and talking about our efforts to cut their taxes, boost their wages and super, and make it easier for them to buy their first home.
BREAKING: We've just introduced legislation to cut fuel taxes for another month. This is more support that'll help take the sting out of prices and help more Australians with the cost of living.
Analysis from Treasury of new ATO data for 2023-24 shows that 0.2% of tax filers earned around 60% of all the net capital gains income, while 99% of tax filers earned only 13%. We are making the tax system fairer for workers, first home buyers and young Australians.
Today we put forward the next steps in our tax reforms which recognise and reward the crucial, unique and dynamic role that startups play in our economy. Thanks to the industry leaders who’ve engaged with us, and for their supportive words.
BREAKING: Every one of the 2.7M active small businesses in this country will now have access to generous CGT concessions, and 98% of all active businesses will be eligible for these concessions.
GET THE FACTS: New ASIC numbers show there are more than 26.7k new business registrations on average every month under Labor, much higher than under our predecessors, and insolvencies are almost half what they were in the Howard Government.