Category Archives: Jim Chalmers (Australian politician)

Sussan Ley retreats from comments suggesting Coalition would repeal Labor’s stage-three tax cut changes

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Deputy opposition leader denies promising to roll back Albanese government’s changes and says Labor ‘lied’ about the tax cuts

The deputy opposition leader, Sussan Ley, has walked back earlier comments suggesting the Coalition would repeal Labor’s revamped tax cuts that more than double tax relief for Australians on the average income.

On Thursday, Ley clarified that the opposition’s position is to “support the existing stage-three arrangements” but denied promising to roll them back in a bid to head off a Labor campaign that the Coalition will claw back low and middle-income tax relief.

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Labor says it’s looking for ways to ease cost-of-living pressures. Just don’t mention the stage-three tax cuts

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The cuts are already baked into the RBA’s forecasts and economists say there is little point looking at alternatives

Come 1 July, Australian taxpayers will have $20bn more to spend, a pulse of demand in the economy that will keep interest rates higher than they otherwise would be.

That is courtesy of the controversial stage-three tax cuts that are legislated and, it seems, unlikely to be delayed or modified by the federal government.

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NSW police say man they shot dead outside medical clinic was armed – as it happened

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Victoria floods: affected communities urged to prepare up to three days of supplies

A watch and act alert is in place along the Goulburn River from Murchison and Shepparton to south of Lake Eildon.

We’re not expecting the levels of October 2022 which is pleasing, but there will still be a significant amount of water around and we’re asking community to be really vigilant and have that awareness of what’s happening.

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Australians may get more cost-of-living relief in the next budget, Jim Chalmers says

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Exclusive: Treasurer says government working on measures to ease the squeeze as well as policies to accelerate transition to net-zero emissions

Jim Chalmers has said Australians could receive more help with cost-of-living relief in the budget next May and confirmed the government is working up new policy measures to accelerate the transition to net-zero emissions.

In an end-of-year interview with Guardian Australia following the release this week of the mid-year budget update, the treasurer said the government would consider further interventions to help households between now and the May budget as long as measures didn’t fuel inflationary pressure, which has been moderating.

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Tropical Cyclone Jasper live update tracker: category 2 storm hits North Qld, more than 14,000 homes lose power, BoM radar track map – latest

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BoM tracker map shows forecast path of category 2 cyclone will hit north of Cairns and Port Douglas on the Queensland coast at about 1pm with heavy rain, 140km/h winds and storm surge predicted. Follow the latest Australia news and weather updates today

Ceasefire ‘can’t be one-sided’

Emergency management minister Murray Watt is also speaking to ABC RN this morning, and was asked about the PM’s joint letter with his New Zealand and Canadian counterparts urging a ceasefire.

[It] shows that we want to work with like-minded countries towards what would be a just and enduring peace. I think the whole world has been pleased to see the release of hostages and the pause in hostilities that we’ve seen over the last couple of weeks, but what we need to do is move towards a sustainable ceasefire …

I think everyone who watches this conflict unfolds on their television screens, is really disturbed about the loss of life that we’re seeing go on at the moment.

I think that’s the value that a country like Australia can play here by really taking that even-handed approach that does call out the abhorrent behaviour by Hamas, but also as a friend of Israel, calls on them to respect international humanitarian law.

We are alarmed at the diminishing safe space for civilians in Gaza. The price of defeating Hamas cannot be the continuous suffering of all Palestinian civilians.

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Australia news live: Shannon Fentiman announces tilt at Queensland Labor leadership

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Palaszczuk made decision ‘in the interest of the state’, Swan says

ALP national secretary Wayne Swan has spoken to ABC RN about Queensland premier Annastacia Palaszczuk’s resignation announcement yesterday.

That’s always ever present for any leader at any time but I think she made the decision in the interest of the state and I think in her own interest as well.

I think people are sensibly discussing what the options are and if one candidate has a pretty clear majority then I think it would be unlikely that you’d see a battle, because it would simply be very difficult for the government over a period of time when they need to re-establish a leader in the job.

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Jet trip followed guidelines, minister’s office says – as it happened

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Australians increasingly relying on credit cards as cost-of-living pressures rise

A survey from comparison site Finder has found an increasing number of Australians are turning to credit cards amid the rising cost of living.

Mounting pressure on households is seeing Aussies borrowing money to keep afloat.

Used responsibly, credit cards can be a great tool for earning rewards such as frequent flyer points and building your credit history.

But relying too heavily on them could cause you to go into a debt spiral which can be hard to bounce back from.

It symbolises the balance between utility and respect for the environment, mirroring our approach to space exploration.

It’s time for Australian science to take the next leap all the way up into space, like our roos do back home. Naming the new lunar rover ‘Roo-ver’ will reflect the Aussie spirit as we launch into this new endeavour.

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Petrol prices spiked 7% in September quarter and there’s more pain to come, Australian treasurer suggests

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Costs could rise as conflict between Israel and Hamas in the Middle East worsens, Jim Chalmers warns

Australians are feeling the impact of inflation at the petrol pump with the latest data expected to show fuel prices rose by more than 7% in the three months to the end of September.

Treasury estimates the latest consumer price index data for the September quarter, to be released on Wednesday, will reveal the soaring cost of petrol brought on by global factors including the war in Ukraine, supply constraints and the weaker Australian dollar.

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Australia news live: Lidia Thorpe claims Anthony Albanese trying to ‘shut me down’ over voice referendum

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Rain expected to ease over flooded regions in Victoria

The good news is no more rain is expected over flooded regions in Victoria, VicSES deputy chief officer David Baker told ABC News:

The big tap in the sky has been turned off. That’s great news for us. So what we’re dealing with now is what’s currently in the river systems that will need to flush itself through the systems. And we can assess that and we can manage that and put efforts in place to make sure that communities are out of harm’s way. So the good news is no more serious rain expected, and a pretty stable system, I understand, until at least … next week.

We estimate up to 130 properties may be impacted by the event, hence we issued an Emergency warning late yesterday afternoon which was renewed during the early hours of the morning.

It’s mainly homes in that area. Rural homes that may see what we call above floor inundation.

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Deputy premier puts hand up for Victoria’s top job – as it happened

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Canterbury Road fire: firetrucks wetting down area

Supt Adam Dewberry with Fire and Rescue NSW has just provided us with an update on the factory fire on Canterbury Road in Sydney’s south-west.

Vacancy rates under 1% in most of these suburbs show the immense strain on housing availability. When you’re allocating nearly half your income on rent … the financial stress becomes unbearable.

Our index is more than just numbers; it’s a call to action. Policymakers and stakeholders need to acknowledge this growing crisis.

The relentless climb in rent and plummeting vacancy rates are not just statistics but indicators of a quality of life that is rapidly deteriorating for Australian renters.

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Albanese government pledges $41m for six Tafe centres of excellence and more higher apprenticeships

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White paper to be released on Monday promises new policy initiatives including national skills passport

The Albanese government will spend an extra $41m in a bid to double higher apprenticeships in the care economy, digitisation and net zero, three priorities identified by the employment white paper.

The treasurer, Jim Chalmers, will release the white paper on Monday, promising nine new policy initiatives including a national skills passport and the bid to boost Tafe with six new centres of excellence around Australia.

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NT chief minister allegedly assaulted – as it happened

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Semi-professional firefighters being considered: Watt

Watt is asked about whether Australia can continue to rely on a volunteer firefighting force to respond to increasingly larger and more threatening fires as a result of climate change.

That work will carry into the new year and I don’t want to pre-empt those recommendations but as I say, we are taking short-term steps in the meantime by investing in those kind of groups like Disaster Relief Australia. But it is possible in the future that we will have the need of turning to semi professional firefighter services like they have in California, where people can be paid just for the fire season, rather than the entire year. There are all those sort of options under consideration at the moment.

We do live in a more uncertain strategic world than we have in the past and it is important that the ADF can be focused on their core mission, with is the defence of the nation, and the reality is that every time we do call on the defence forces to assist in a disaster situation, that is taking them away from their training and their preparedness for their core duty.

I think in a situation like we faced in Lismore and the Northern Rivers of New South Wales, there is no doubt you would need the ADF deployed for that kind of thing and in the recent floods in the Kimberley, we were bringing people from across from Townsville, aircraft in Townsville and getting the But it is about making the balance right and not over-relying on them.

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Politics live: James Paterson calls for security vetting of Australian parliament staff in wake of UK espionage scandal

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Shadow home affairs minister calls for extra checks ‘at the very least for MPs who work on sensitive committees’. Follow today’s live news updates

Ley defends pharmacists’ opposition to 60-day dispensing rule for prescriptions

The interview then gets to the issue of pharmacists and the change the government made to allow for 60-day dispensing (two-for-one prescriptions) which will save chronically ill patients up to $180 a year (as well as money on less trips to the doctor, travel etc.) but will cost pharmacists up to $150,000 a year (from the fourth year of the change) in lost dispensing fees (plus people buying fewer ‘incidentals’ such as jelly beans).

I’ve been in contact with many pharmacists over recent weeks, including those who left their businesses and assembled here a couple of weeks ago and I really am concerned about the impact this policy change is going to have.

I’m hearing [about] pharmacies who are already laying off staff. They’re already letting people go and most importantly, they can’t continue to provide the previously free support services that they used to …

Because they’ve told me.

Because if the government has changed the contract it has with pharmacy and is paying them less, they have to change their business in response. It’s as simple as that.

I would like to absolutely recognise the contribution she has made. She has been a trailblazer for our party. She has changed national politics and I have seen the work that she’s done over many years, much of it very modest, very behind the scenes, very in community.

So people often think of her as a defence and foreign affairs minister. I’ve seen her as a local champion for Western Sydney, and disadvantaged people across this country, and I have yeah, I mean, I’ll be really sad to see her go.

Always standing up for Australia’s national interest and a safer, stronger region. It’s as simple as that.

I think we did extremely good work with the Solomon Islands and, indeed, with the Pacific and people are looking at this through the lens of Covid and suggesting that we could have done more when, in fact, travel was an impossibility. I think that issue is well and truly being put to bed.

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Marise Payne to quit parliament – as it happened

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The Bureau of Meteorology is urging people in western Sydney, southern and central ranges and the Hunter region to tidy up loose items around their yards as damaging winds are extending over the areas today.

Gusty storms may hit Sydney and the Central Coast today, while there are possible severe storms heading to the Northern Rivers and Mid North Coast this afternoon, with a risk of damaging winds and large hail, the BoM says.

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Massive economic pain for Australia if temperature rises exceed 2C, intergenerational report predicts

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Report says hundreds of billions of dollars and millions of work hours in productivity are at risk due to hotter conditions

Success in limiting global warming will spare Australia a sharp fall in economic activity but would see coal exports fall to a trickle by 2063 under a low-emissions scenario, according to the government’s intergenerational report.

The report, to be released in full on Thursday, will provide much greater detail on the range of impacts and their scale in a warming world than the five previous intergenerational reports.

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Australia news live: Brisbane to undergo ‘mock earthquake’; Coles profit up to $1.1bn

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Supermarket operator posts 4.8% rise in full year cash profit, lifted by strong rise in groceries revenue. Follow today’s live news updates

AEC monitoring disinformation about electoral processes

Rogers said the AEC has seen an increase in mis- and disinformation over the last few years, particularly around the electoral process itself.

It’s all about the electoral process. We’re seeing an increase in [disinformation]. We’re seeing an increase in threats to staff. Which is very disappointing. And we’re monitoring that very closely.

At the last federal election, we had similar issues. We’re seeing behaviours we haven’t seen previously. The people who work elections are community members … Treat people with respect and civility.

We’re ready for it whenever it may be. That’s what we do in any case. We’re used to these events when we don’t know the date until a few weeks out. We’ve got all systems go.

We would ultimately like the rate to be exactly the same as the general roll, but it’s very close.

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Labor launches crackdown on tax adviser misconduct following PwC scandal

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Government says it will increase penalties for promoting tax avoidance schemes and bolster regulators’ powers

Penalties for promoting tax avoidance schemes will be increased tenfold and financial regulators will get much stronger powers as the federal government seeks to fix “severe shortcomings” in the nation’s financial systems exposed by the PwC scandal.

In what the treasurer, Jim Chalmers calls, “the biggest crackdown on tax adviser misconduct in Australian history”, advisers and firms promoting tax exploitation schemes would face fines up to $780m, while red tape that hamstrung regulators from better investigating PwC will be slashed. The Treasury department will also conduct a two-year whole-of-government response to the shortcomings exposed by the disclosure of confidential tax information.

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Australia news live: new fire ant infestation just 5km from NSW border prompts fears of southern invasion

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Invasive Species Council calls on governments to urgently fast-track funding for ramped-up eradication program. Follow live news updates today

Gold Coast’s offer to host the Commonwealth Games is set to fall at the first hurdle, with the Albanese government unlikely to financially back the lifeline, as AAP reports.

Gold Coast mayor Tom Tate has launched a late bid for the 2026 Games after Victoria pulled out of hosting the global sports event.

I just think that this is unlikely given the focus and the investment that we are making in Brisbane in the lead up to 2032.

I have always been a supporter of this concept because I think it will help people make better community-level decisions.

But I fear the process has not yielded enough consensus to garner a yes vote.

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News live: Burney rules out voice debate with Price, saying ‘this is about Australians not politics’

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Minister for education Jason Clare said increasing access to a Commonwealth-supported place at university will cost $34m over the next four years – “That’s a pretty good investment”.

He said on ABC RN this morning:

If you’re a young Indigenous person today, you’re more likely to go to jail than you are to university.

The cost of having somebody in jail every year is about $120,000. The cost of a university place is $11,000.

Tuna sushi.

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News live updates: hundreds charged after NSW domestic violence operation; South Australia moves to ban no cause evictions

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Four-day operation results in 1,107 domestic violence charges being laid against 592 people. Follow live

‘Textbook fiscal policy’ from Labor about getting economy ‘in nick’

Chalmers is asked whether it’s possible to control inflation without the unemployment rate growing further.

Remains to be seen.

We’ve got the budget in better nick, not the expense of the economy but in addition, and cost-of-living help is targeted in out-of-pocket health costs, electricity, rent and some particular pressure points. We found $40 billion of savings over two budgets compared to zero in savings in the last Liberal budget.

So all of those things are about get getting the economy in nick at the same time we provide help for people to get through through a difficult period.

The point that Michele Bullock was making in that speech, which, again, I think is relatively uncontroversial, is that as the Reserve Bank forecast and the treasury forecasts, have inflation moderating in coming months, they have a tick-up in unemployment. I’ve been upfront. The challenges in the economy are unsubstantial, globally and domestically, I think the slow-down is expected in the forecasts to be significant. That will have implications for the unemployment rate, which is the point that Michele Bullock was making.

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