Building economic buffers crucial in an unstable world
Under the Albanese government, Australia is now ranked ahead of all G7 economies on budget management in 2024, including the US, UK, Canada, France and Germany.
Under the Albanese government, Australia is now ranked ahead of all G7 economies on budget management in 2024, including the US, UK, Canada, France and Germany.
We’ve worked diligently and deliberately to re-engage with China and we are doing so without compromising our values or interests.
We have a chosen a better path that is mainstream and middle of the road, which will make our people and businesses more prosperous in the future we make together.
By aligning our economic security with our national security to make our people the big beneficiaries of change in a global economy we help shape.
The global economy is changing and we need a bigger slice of the action for our workers, businesses and investors so we can grow our economy and lift living standards into the future.
The three biggest drivers of our thinking about this third budget are global uncertainty, persistent cost-of-living pressures and slowing growth.
Treasurer says the changes to stage 3 tax cuts are in fact tax reforms that deliver and won’t add to inflation.
Higher interest rates are biting, conflicts impact the global outlook and communities are being rocked by severe weather. But we enter 2024 from a position of genuine economic strength.
Modernising our economy and maximising our advantages is not about pursuing reform for its own sake, it’s to make our economy more productive, more competitive and more dynamic.
Mergers should drive improvements in productivity, put downward pressure on prices and deliver more choice for Australians dealing with cost-of-living pressures.
Original URL: https://www.theaustralian.com.au/author/jim-chalmers