Shadow treasurer Jim Chalmers is keen to adopt New Zealand's novel "wellbeing" budget measures to better assess economic growth and wants to drop Labor's plan to hand over more forecasting functions from Treasury to the Parliamentary Budget Office.
Jim Chalmers: "We see GDP’s shortcomings in this horrific fire season." Alex Ellinghausen
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Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter. Email Matthew at mcranston@afr.com
