Talking up the economy has long been part of the treasurer’s job. As is massaging the economic data to suit the prevailing political moment. So Jim Chalmers has done nothing out of the ordinary by ...
Last week, the headline annual inflation rate was 3.8 per cent, up by 0.4 per cent, in the 12 months until December, according to the Australian Bureau of Statistics. Off the back of the increase in ...
The Treasurer says it’s not his fault. The Reserve Bank has been caught napping. But it’s clear we are spending too much and going too slow on housing – and that’s why the RBA’s under huge pressure to ...
Last February, Jim Chalmers was living out a treasurer's dream. After a bruising first term dominated by rising inflation, the Reserve Bank handed him a rate cut. It had been a nervous wait, but the ...
Treasurer Jim Chalmers today denied Labor has a spending problem after new calculations showed a $57 billion Budget black hole that will leave the government in deficit for at least the next decade.
A shock $57 billion hole has opened up in Treasurer Jim Chalmers’ budget since the federal election, with higher hospital payments to the states and other unexplained spending increases causing a ...