Treasurer Jim Chalmers has attempted to downplay the significance of recent Treasury advice advocating for tax increases, which was inadvertently shared with journalists. This advice also indicated that the government’s …
Jim Chalmers
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- National
Treasurer Addresses New Tariffs, Affirms Government’s Ongoing Engagement with Trump
by adminTreasurer Jim Chalmers has not been able to verify whether progress has been made in arranging a meeting between Australian Prime Minister Anthony Albanese and former President Donald Trump to …
- Cost of Living
Why Are There Demands to Increase the GST When Politicians Remain Silent and Economists Push for Reform?
by adminAustralia’s goods and services tax (GST) system, currently set at 10%, is under scrutiny as experts argue that it needs an overhaul to better meet the nation’s fiscal needs. Introduced …
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This afternoon marked a significant shift for the Reserve Bank of Australia (RBA) as it revealed the voting outcomes from its board meeting for the first time. In a decision …
- National
Chalmers states that Australia will not fulfil US demand for a significant increase in defence expenditure.
by adminFederal Treasurer Jim Chalmers has confirmed that Australia will not heed the Trump administration’s call to enhance defence spending to 3.5 per cent of GDP. In relation to the NATO …
- National
Tanya Plibersek Relinquishes Environment Portfolio as Michelle Rowland Takes on Role of Attorney-General in PM’s Cabinet Reshuffle
by adminPrime Minister Anthony Albanese has announced a new cabinet following Labor’s significant electoral victory. The reshuffle has seen notable changes, including Michelle Rowland moving from the communications portfolio to take …
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In her recent address at the Chief Executive Women annual dinner in Melbourne, Reserve Bank of Australia (RBA) Governor Michele Bullock spoke about the anticipated challenges following the recent imposition …
- Politics
US Stocks Experience Volatility Amidst Increased Bond Stress Following Tariff Escalation
by adminThe US stock market is experiencing tumultuous trading conditions, influenced by escalating trade tensions initiated by President Donald Trump. Following a period of volatility, the S&P 500 index initially spiked …
- National
Treasurer and RBA Governor Hold Urgent Meeting as Trump’s Trade War Strikes Markets
by adminEconomists anticipate that the recent market turbulence may prompt the Reserve Bank of Australia (RBA) to implement significant interest rate cuts akin to those witnessed during the global financial crisis. …
- Finance
Donald Trump Unveils New Tariff Threats on Pharmaceuticals, Dealing a Significant Blow to Australia
by adminDonald Trump has indicated plans to impose new tariffs on pharmaceuticals, a move expected to significantly impact Australia’s economy. Speaking at a National Republican Congressional Committee dinner, Trump stated, “We’re …
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