CANBERRA, ACT, May 21 -- The Treasurer of Australia issued the following transcript: Note Subjects: interest rate decision, cutting student debt, global economic uncertainty, Coalition split JamesGlenday: We're joined now by the Treasurer, JimChalmers. Good morning, Treasurer. Welcome back to News Breakfast. JimChalmers: Thanks very much, James. Glenday: We'll get to the economy in a moment, but I just wanted to take you back to the time of your last Budget, when there was all sorts of ...
CANBERRA, ACT, May 21 -- The Treasurer of Australia issued the following transcript: Note Subjects: Reserve Bank interest rate decision, housing, effects of US tariffs Sabra Lane: Jim Chalmers, you've welcomed the Reserve Bank's decision, but you acknowledged yesterday it doesn't mean the job is finished on cost‑of‑living pressures. What more can you do? Jim Chalmers: Good morning, Sabra. Well, this is really good news that the Reserve Bank's cut interest rates now for the seco...
CANBERRA, ACT, May 21 -- The Treasurer of Australia issued the following transcript: Note Subjects: interest rate cuts, Coalition split, UK and Israel, growth, productivity Jim Chalmers: Really good news in the economy this week with interest rates being cut for the second time in 3months. This is really welcome relief for millions of Australians with a mortgage. We know that there's a lot of global economic uncertainty. We know that people are still under pressure. That's why the primary f...
CANBERRA, ACT, May 21 -- The Treasurer of Australia issued the following transcript: Note Subjects: Coalition split, interest rates, better targeted superannuation concessions KarlStefanovic: Jim, good morning. Nice to see you. Looks like you just got out of the shower my man. JimChalmers: A couple of hours ago, Karl. Good morning. How are you? Stefanovic: The Coalition is taking a bath this morning. I mean, could you get more lucky? Chalmers: It's obviously a mess on the former Coalit...
CANBERRA, ACT, May 21 -- Australian Federal Police issued the following media release: This is a joint media release between Australian Federal Police and South Australia Police A South Australian man who managed a chat group within an online messaging platform that shared and traded child abuse material has been sentenced to five years and two months' imprisonment by the District Court of South Australia. The man, 28, was sentenced yesterday (20 May, 2025), and must serve a non-parole period...
CANBERRA, ACT, May 21 -- Murray-Darling Basin Authority issued the following news release: As part of the project's first phase Goulburn-Murray Water (GMW) has engaged engineering consultants GHD to conduct a comprehensive options analysis for the replacement structure. GMW General Manager Strategy and Service Planning Steven Abbott said the century-old weir had served the community well, but it was time to evaluate options for a new structure that would ensure the long-term viability of the a...
CANBERRA, ACT, May 21 -- The Treasurer of Australia issued the following transcript: Note Subjects: Reserve Bank interest rate cut, proposed superannuation tax changes, company tax, productivity MichelleGrattan: The Reserve Bank has given homebuyers a small bit of good news this week - a modest quarter of a percentage point cut in interest rates. Welcoming the rate cut, Treasurer JimChalmers sees the fight against inflation as at last being won, or at least largely so. In this term he wants ...
BRISBANE, Queensland, May 21 -- The Queensland Cabinet issued text of the following statement: Deputy Premier, Minister for State Development, Infrastructure and Planning and Minister for Industrial Relations The Honourable Jarrod Bleijie Major housing boost for South East Queensland * More than 2,400 lots for new homes approved across South East Queensland this month to date. * 1,631 residential lots approved in Greater Flagstone Priority Development Area (PDA) to accommodate 4,500 residen...
BRISBANE, Queensland, May 20 -- Queensland Police Service issued the following media release: State Emergency Service (SES) honoured eight dedicated volunteers and two units at their annual SES Regional Award Ceremony in Townsville last Friday. The awards recognise the outstanding contributions of members who go above or beyond the normal course of duties. Sixty-nine-year-old Stephen Weise, from Gregory/Lawn Hills who has been an SES volunteer for more than two years, was awarded the prestigi...
CANBERRA, ACT, May 20 -- The Treasurer of Australia issued the following transcript: Note Subjects: interest rates decision, global economic uncertainty, energy rebates, better targeted superannuation concessions, the Coalition. Jim Chalmers: Today, the independent Monetary Policy Board of the Reserve Bank decided to lower the cash rate once again. This is the second interest rate cut in the last 3months. This is very welcome relief for millions of Australians. We are really pleased to see ...