Category: Jim Chalmers
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Additional cost-of-living assist unlikely, regardless of $20b surplus
Stay The federal authorities is “not at the moment engaged on” cost-of-living reduction for struggling Australians, regardless of revealing it expects a $20 billion surplus for the previous monetary 12 months. Treasurer Jim Chalmers revealed the determine, which comes off the again of a powerful labour market and excessive commodity costs for key exports, on Monday.…
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Job figures ‘good shock’ regardless of rate of interest fears
Dwell Treasurer Jim Chalmers has described the newest jobs figures as a “good shock” regardless of fears low unemployment might gasoline additional rate of interest hikes. The unemployment price held regular at 3.5 per cent in June after the Might end result was revised down. Incoming Reserve Financial institution governor Michele Bullock has indicated unemployment…
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Treasurer indicators off on cheques with reforms to the way in which we pay
The best way we pay in Australia is ready for an overhaul with cheques being abolished and monetary establishments transitioning from two digital cost techniques to 1. On Wednesday the federal government launched its strategic plan for the way forward for Australia’s funds system. The strategic plan is a part of an effort to modernise…