shadow treasurer

Major reforms to the Reserve Bank have been delayed until at least the end of March 2024, after what Treasurer Jim Chalmers has described as a “disappointing and surprising” move by the Coalition. The Treasury Laws Amendment (Reserve Bank…

Treasurer Jim Chalmers says he is “aware of the history” in potentially handing down the first surplus in 15 years, but that his eyes are “on the future”. As the Greens accuse Labor of designing the budget surplus for “political reasons”,…

Hello and welcome to our budget live blog.Prime Minister Anthony Albanese and Treasurer Jim Chalmers will hand down their second budget tonight, with Labor on the cusp of delivering country’s first surplus in 15 years.The turnaround has…

Anthony Albanese’s desire for parliament to act more decently was in tatters in question time as he engaged in a fiery war of words with the opposition. On the floor of the house, the Prime Minister got caught up in a tit-for-tat with Angus…

One of the country’s wealthiest and most successful businessmen claims wealthy Australians “can and should” pay more tax, after the federal government announced people with more than $3 million in superannuation would lose tax…

One-in-ten people would eventually be affected by Labor’s proposal to slash tax concessions on the biggest super balances according to new modelling revealed in parliament.Treasury has forecast 10 per cent of Australians will have enough…

Russia has invaded a neighbouring country, seen more than 100,000 of its soldiers die, been shunned by a large chunk of the international community and been exposed to some of the world’s toughest sanctions – and still its economy is doing…

The Australian government has hailed the significance of Rishi Sunak’s ascension to the British Prime Ministership following his “commitment” and “persistence” to obtain the role.Mr Sunak won the UK Conservative Party‘s leadership overnight…