Sky News Business Editor Ross Greenwood is concerned Treasurer Jim Chalmers is potentially “softening us up” for a bigger tax reform or change.
Sky News Business Editor Ross Greenwood is concerned Treasurer Jim Chalmers is potentially “softening us up” for a bigger tax reform or change. “Because as he says, things are going to get tougher and Australia will slow down – there’s no doubt about that,” he told Sky News host Cory Bernardi.
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Govt looking at other ways to provide ‘responsible, targeted cost of living relief’Treasurer Jim Chalmers says the Albanese government is looking for other ways to provide “responsible, targeted cost of living relief”. “Energy bills is a good example of that,” Mr Chalmers told Sky News Australia. “And what that means is that we can take some of the edge off these high cost of living that people are experiencing. “We understand that people are under the pump, and I think they understand that we will try and do what we can within the constraints of a budget full of pressures.”
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Chalmers addresses global volatility with cost of living relief in upcoming budgetIn light of increased global uncertainty due to factors such as the war in Ukraine and recent market fluctuations, Australian Treasurer Jim Chalmers has announced that the upcoming federal budget will focus on providing cost of living relief. He added, 'We are confident about the prospects for the Australian economy, but we are not complacent.' 'We are optimistic about the future of our economy and our country, but we are realistic about the impact of this global volatility and global uncertainty on our own economy.'
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Chalmers warns of ‘confronting’ global economic outlookJim Chalmers has warned of a ‘confronting’ shift in the economic outlook, ahead of a series of high-level talks in Washington.
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