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The Latest Breaking News from Jim Chalmers

Grattan on Friday: Can Jim Chalmers reap a healthy crop with the help of his big worm farm?

One observer describes next week’s economic roundtable this way: “Chalmers has opened a can of worms – and everybody has got a worm”.

The Conversation

Politics with Michelle Grattan: union boss Sally McManus on the push for shorter work hours in the age of AI

Sitting beside Treasurer Jim Chalmers at next week’s three-day economic reform roundtable will be a handpicked list of invited business, policy and union “thought leaders” – all coming with their own ideas for what needs to change.

The Conversation

Politics with Michelle Grattan: Jim Chalmers wants roundtable to ‘crack open’ the challenge of slow housing approvals

The Reserve Bank’s rate cut this week will help relieve many mortgage holders, but it wasn’t all positive news from the bank. It also underscored the serious productivity and economic growth challenges facing the Australian economy.

The Conversation

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Unions, business at loggerheads over four-day work week

Business groups are resisting a union push for a shorter working week as ideas to boost Australia's productivity are debated ahead of a roundtable.

AAP

Why the working week – and what we get out of it – has perplexed Australian governments for more than 100 years

On August 19, a group of advocates and experts will converge on Canberra for an economic roundtable. “Productivity,” announced Treasurer Jim Chalmers, is to be the event’s “primary focus”.

The Conversation

Afternoon Update: Reserve Bank decision; Julie Bishop accused of bullying in Senate inquiry; and Swifties celebrate

Jim Chalmers says the rate cut is ‘very welcome relief for millions of Australians’

The Guardian - AU

Stop the free ride: all motorists should pay their way, whatever vehicle they drive

A new road charge is looming for electric vehicle drivers, amid reports Treasurer Jim Chalmers is accelerating the policy as part of a broader tax-reform push.

The Conversation

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Unions push back on productivity plan for schools, jobs

Fresh fault lines have formed in the lead up to the government's reform roundtable as unions reject productivity proposals welcomed by businesses.

AAP

'Don't slam brakes on EVs': sparks fly over fee push

The federal treasurer is being urged to adopt user charges for electric cars to help pay for road maintenance and the roll out of charging infrastructure .

AAP

No one holds the government to account on spending. We need a budget watchdog that can bite

Treasurer Jim Chalmers has made budget sustainability one of the key pillars of the reform roundtable to be held next week.

The Conversation

'Better lives' urged as goal from productivity push

Bold tax reform, faster clean energy consents and rethinking care sector productivity should be the focus of the treasurer's economic summit, a think tank says.

AAP

Rethink on rules for everyday items could spur economy

Australia could ease business burdens and save consumers billions every year by ensuring requirements for everyday products align with international standards.

AAP

Grattan on Friday: Anthony Albanese marches cautiously towards Palestinian recognition

Treasurer Jim Chalmers has been putting it succinctly, declaring it’s a question of when, not if, Australia recognises Palestine as a state.

The Conversation

Students strike for Palestine – as it happened

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The Guardian - AU

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AAP

ASX faces listing competitor after damaging TPG blunder

Financial regulator ASIC is considering approving an ASX rival to launch a competitor listing market, which the treasurer hopes will boost investment.

The Conversation

Embattled ASX set to face beefed-up competition, in bid to boost investment

The Australian Securities and Investments Commission is set to boost the competition faced by the much-criticised ASX in an effort to clear roadblocks for investors and attract more foreign capital to Australia.

The Conversation

View from The Hill: Can Chalmers extract a serious deregulation agenda from reform roundtable?

Treasurer Jim Chalmers has three challenges with his economic reform roundtable, which is all about how to improve Australia’s productivity, budget sustainability and economic resilience.

AAP

Climate ratings could spare buyers from risky homes

Star ratings for resilience and winding back electric car incentives have been flagged by the Productivity Commission in its pursuit of climate cost savings.

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AAP

Business lobby rejects proposed company tax overhaul

The corporate sector is rallying against calls for a new cashflow tax for businesses, while small companies would have their rate cut under the reforms.

The Guardian - AU

Productivity Commission proposes biggest company tax rate cut in 40 years

A 20% cut for small and medium businesses put forward as part of commission’s report on how to create more dynamic and resilient economy

AAP

Point of starvation spurs statehood push for Palestine

Australia recognising Palestinian statehood is only a matter of time, the treasurer says, as an expert warns starvation has reached a tipping point in Gaza.

The Guardian - AU

The politics of falling inflation has been clear – lower is better. But Australia should beware its flip side: slow growth

There’s no convincing argument for the RBA not to cut interest rates on 12 August as economists say they are acting as a brake on the economy

The Conversation

Inflation slows again — but is it enough for the Reserve Bank to cut interest rates?

Inflation is moving in the right direction, but new figures released today may not be soft enough to trigger a cut in official interest rates in August.

The Guardian - AU

If the economics of broadening or lifting Australia’s GST are challenging, the politics are horrendous

Labor is fundamentally opposed to changing the tax on consumption on the basis it hurts poorer Australians. And the worry about fairness is real

AAP

Workers could be $14,000 ahead under a growth mindset

Australia's productivity tsar says Australian workers would be $14,000 better off each year in the long run if the nation treads the right path on reform.

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