Treasurer Jim Chalmers
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Jim Chalmers says fewer homes selling at auction may be a ‘good thing’ for first-time buyers
Auction success hit a new low for the year on the last Saturday in May, with just 54.5% of homes soldFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe treasurer, Jim Chalmers, has suggested falling auction clearance rates may be a “good thing” for first home buyers if it means they aren’t competing against as many property investors. After data was released showing home prices in Australia’s capital cities had begun to fall...
Jim Chalmers is putting a positive spin on the economy, but is the outlook for Australia grim?
The economy was slowing even before the Middle East conflict and interest rate hikes started to bite, while the boom in datacentres was a rare bright spotGet our breaking news email, free app or daily news podcastThe economy slowed sharply in early 2026 and Australians’ living standards are once again going backwards. At the risk of upsetting the treasurer by “talking down the economy”, as he put it, there wasn’t all that much to love in the latest national accounts.
Greens ask if treasurer can exempt homeowners in his electorate from CGT changes
Greens question whether Jim Chalmers could exempt homeowners in his electorate from CGT changes Thu 4 Jun 2026 at 3:04pm In short: The Greens have indicated the party is willing to help Labor pass its tax laws But they hold concerns about the specifics contained within the bill which could allow treasurers to "fundamentally alter" the laws Meanwhile the opposition says it will work with anyone who could block the laws proposed by Labor The Greens have seized upon powers within the...
Live: Fair Work Commission to hand down annual wage review
live Federal politics live: Fair Work Commission to hand down annual wage review Almost 3 million workers will learn how much their wages will increase when the Fair Work Commission hands down its annual review today. Follow all the updates in our live blog. Submit a comment or question Live updates New: Filters Choose what information you see below by using filters Tue 2 Jun 2026 at 7:29am Farley won't comment on Hanson's attendance record Back to One Nation's David Farley for a moment, as...
Hanson takes the stage as Chalmers's budget woes roll on
analysis Hanson prepares to take the big stage as Chalmers's budget backlash rolls on Fri 5 Jun 2026 at 4:58am When One Nation leader Pauline Hanson addresses the National Press Club on June 17, there will be landmines everywhere. It's her first formal speech to the club in her 30-year (on and off) parliamentary career. How times have changed.
Birth rates are declining in most of the world—here's why it really matters
Birth rates are declining in most of the world—here's why it really matters Sadie Harley Scientific Editor Andrew Zinin Lead Editor Birth rates have been declining worldwide since the peak of the post-Second World War baby boom. Birth rates have now reached below replacement in most of the world, including Australia. Put simply, populations on average aren't replacing themselves.
Fresh concerns emerge over impact of Labor's tax changes on medical tech
Medical technology sector raises fresh concerns with Labor’s capital gains tax overhaul Sat 6 Jun 2026 at 4:44am In short: Australia's medical technology sector says Labor's budget changes will make it harder for local startups to commercialise new products. Industry groups say planned changes to research and development tax incentives will specifically hurt the health sector where companies often take more than a decade to become profitable. What's next: Labor is pressing ahead with its...
Australian housing market stalls in May
National home values flatline in May for the first time since January 2025 Mon 1 Jun 2026 at 4:57am In short: Australia's housing market stalled in May, with national home values flat after months of slowing growth. The weakness was led by Sydney and Melbourne, where values fell 0.9 per cent and 0.8 per cent respectively, according to Cotality data. While the Reserve Bank is widely expected to hold interest rates steady at its June 15-16 meeting, buyers remain highly sensitive to any signs...
Australians have become housing hostages. Will the budget set them free?
analysis Australians have become housing hostages. Will the budget set them free? Wed 3 Jun 2026 at 4:50am Australians have been held hostage to the housing market for the better part of this century.
Two questions still hang above the now decaying federal budget
analysis Is this the tax reform hill Albanese and Chalmers want to die on? Jun 2026 at 5:00am Two questions hang in the air above the now decaying federal budget, like condors waiting for carrion. First, why is Labor spending the political capital of a 50-seat majority on a minor change to capital gains tax on businesses?