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Jim Chalmers

Yesterday

Joe Longo at the ASIC Forum.

ASIC’s Joe Longo named Time climate crusader

This feels like 2011, when Euromoney opened our eyes to the charms of Wayne Swan.

  • Myriam Robin

This Month

Based on assumptions circulated by Treasury last week, Macquarie would pay up to $75 million under the proposed system.

Macquarie could pass on bank levy to home borrowers

Banking disrupter Macquarie would jack up interest rates on mortgages or even leave the retail market altogether under a rural service proposed levy, an analyst says.

  • Lucas Baird, John Kehoe and Tom McIlroy
Customers at the Commonwealth Bank ATM in Hay, NSW, on Sunday.

A levy to help rural banking is also a tax on innovation

The quest to leave no one behind in the regions cannot come at the expense of working households in the outer suburbs and elsewhere.

  • Alexander Sanchez
A CBA ATM in Hay, NSW,  on Sunday. CBA has put a moratorium on closing any more regional branches.

Macquarie, Westpac and CBA big losers from $350m rural bank levy

Confidential details shared with industry participants show the size of the cost to the biggest lenders as Treasury attempts to keep regional branches open.

  • Updated
  • John Kehoe and Joshua Peach
Woolworths chief executive Amanda Bardwell and Coles’ Leah Weckert faced a 10 day blowtorch from the Albanese government.

Inside the two weeks from hell for the country’s biggest supermarkets

This week, Woolworths chief executive Amanda Bardwell and Coles’ Leah Weckert will have a chance to tell their side of the story in hearings run by the ACCC.

  • Tom McIlroy and Carrie LaFrenz
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About 94 per cent of businesses continue to accept cash in Australia.

Cash to stay king for essential products

The federal government will also call time on the use of cheques in the Australian economy, limiting their use from 2028.

  • Tom McIlroy
The levy could cost some banks “tens of millions of dollars” each, industry sources said.

Banks face new levy to keep rural branches open

Banks would pay a levy of up to tens of millions dollars each a year if they fail to keep a large enough presence in regional and rural areas.

  • John Kehoe, Lucas Baird and James Eyers
Treasurer Jim Chalmers.

Chalmers warns against Dutton comeback as interest rate hopes fade

Capital Economics became the latest forecaster on Friday to push back their forecast for the RBA’s first cash rate cut beyond the next election.

  • Tom McIlroy and Michael Read
Corrs head of corporate Sandy Mak expects M&A deals to spike ahead of the merger reforms.

M&A deals to spike ahead of merger reforms, says Corrs

The new regime is likely to capture more deals and involve longer reviews, the law firm has warned.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Musk and Trump have formed a political alliance that should last for a long time.

Musk rings alarm bells for business of government

Why the appointment of the world’s richest man to a cost-cutting role in the Trumpiverse challenges Labor’s approach to government in Australia.

  • Jennifer Hewett
ACCC chair Gina Cass-Gottlieb lobbied for the chnages.

Merger shake-up gets Coalition’s blessing

The opposition will support the federal government’s biggest overhaul of the laws in 50 years, after lobbying from the ACCC’s Gina Cass-Gottlieb.

  • John Kehoe
Our experts deliver their verdicts on Jim Chalmers’ first budget.

Chalmers sets up $900m productivity fund

Treasurer Jim Chalmers’ new fund will offer incentive payments to streamline building approvals and enact other pro-productivity reforms

  • John Kehoe
Donald Trump with Marco Rubio before his expected appointment as US Secretary of State

Trump’s foreign policy agenda a high-stakes guessing game

Donald Trump’s presidency is about to show up the contradictions in Australia’s defence spending and its domestic economy.

  • Jennifer Hewett
Sam Kekovich and a barbie make their now-customary appearance in the annual ads for lamb.

Accenture readies Future Made in Australia ad blitz

The advertising agency that sells lamb on Australia Day will now sell the government’s Future Made in Australia package.

  • Myriam Robin
Treasurer Jim Chalmers with US Treasury Secretary Janet Yellen in Washington last month.

An OECD global tax deal is close. Australia should jump on board

It wasn’t a good look for Australia to be on the world stage at last month’s IMF meetings as a noted holdout on a crucial international agreement.

  • Richard Holden
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Treasurer Jim Chalmers (left) has laid out what a second Trump term may mean for Australia.

The numbers that show why Chalmers fears a US-China trade war

A US-China economic split would disrupt global trade and undermine Labor’s plan to ramp up the export of green metals and hydrogen, Treasurer Jim Chalmers says.

  • Updated
  • John Kehoe and Phillip Coorey
ANZ has posted an 8 per cent fall in cash profits, below what had been expected by the market.

ANZ Bank and Chalmers nearing deal to offset China

Negotiations are in the final stages for the federal government to support the bank to remain in nine Pacific countries, under a plan to secure its presence in the region.

  • John Kehoe
Voters were more sensitive to price rises than to potential unemployment numbers.

Albanese and Chalmers make the same error as Biden and Harris

The Democrats’ decision to put jobs ahead of inflation has cost them dearly. But Labor has been doing the same thing.

  • Steven Hamilton
Australia’s budget numbers are increasingly a mirage as billions in spending are labelled as ‘investments’ to improve the fiscal optics.

Inside Canberra’s hidden $180b spending boom

Australia’s budget numbers are increasingly a mirage as billions in spending are labelled as ‘investments’ to improve the fiscal optics.

  • Michael Read

Migration policy hijacked by unis and bureaucrats: McKenzie

Bridget McKenzie says Australia’s debate on migration needs refocusing; Malcolm Turnbull’s former son-in-law James Brown to run against Teal MP. Follow live updates.

  • Updated
  • Lucy Slade

Original URL: https://www.afr.com/person/james-edward-chalmers-1n0b