CANBERRA, ACT, May 12 -- The Treasurer of Australia issued the following transcript: Note Subjects: 2026 Budget KieranGilbert: Treasurer JimChalmers, live with me for the 2026 Budget. Thanks for your time. Now it's out there in public, why didn't you just take it to an election? This is a flat out broken promise? JimChalmers: Well, the policies that we took to the election reflected the government's almost singular focus on supply. It's become increasingly clear to us that even though supp...
CANBERRA, ACT, May 12 -- The Treasurer of Australia issued the following transcript: Note Subjects: conflict in the Middle East, tax reform, migration Anna Henderson: I spoke to the Treasurer a short time ago and started off by asking him about whether that worst‑case scenario would mean a recession. Jim Chalmers: We're not anticipating a recession under any of the scenarios that we've provided in the Budget. But there is a more severe scenario that we've tried to set out for people ...
CANBERRA, ACT, May 12 -- The Treasurer of Australia issued the following transcript: Note Subjects: federal Budget, capital gains tax, negative gearing, tax cuts, NDIS Sarah Ferguson: The Treasurer has made his way from the floor of the House of Representatives to the studio and joins me now. Congratulations on the Budget and welcome. Jim Chalmers: Thanks very much, Sarah. Ferguson: As Jacob just pointed out, negative gearing, capital gains, the Prime Minister categorically ruled out the...
CANBERRA, ACT, May 12 -- The Treasurer of Australia issued the following transcript: Note Subjects: 2026 Budget CharlesCroucher: Treasurer, thanks for sitting down with us. Are we done with the lies now? JimChalmers: I think the statements that we made at the time of the election reflected the government's overwhelming focus on supply. We've maintained that in the Budget, but we've come to a different view on a number of key policies, and we've explained why in the Budget that has been mad...
CANBERRA, ACT, May 12 -- The Treasurer of Australia issued the following transcript: Note Subjects: 2026 Budget Mark Riley: Treasurer, thanks for joining us. Jim Chalmers: Thanks, Mark. Riley: A budget redressing the balance between those who earn and those who own. Fair? Chalmers: A big motivation for the Budget is to try and better align the tax treatment of people who work for a living with people who earn their income in other legitimate ways. And so really, it's about that. It's a...
CANBERRA, ACT, May 12 -- The Treasurer of Australia issued the following transcript: Note Subjects: federal Budget, housing, tax reform, tax cuts Ashleigh Raper: Have you done tonight what Labor has always wanted to do on negative gearing and capital gains tax? Jim Chalmers: No, I think our government's focus was overwhelmingly for the first 4years on the major challenge, which is housing supply. But increasingly over time, it's become clear to us that even though the challenge begins with...
CANBERRA, ACT, May 12 -- The Treasurer of Australia issued the following transcript: Note Joint press conference with Senator the Hon Katy Gallagher Minister for Government Services Minister for Finance Minister for the Public Service Subjects: federal Budget, fuel security, cost‑of‑living relief, tax cuts, housing, tax reform, productivity, spending restraint Jim Chalmers: Okay, good day everyone. Thanks for making time for us this afternoon as we release the Albanese gover...
CANBERRA, ACT, May 12 -- The Treasurer of Australia issued the following media release: The Albanese Labor Government is delivering a comprehensive package to boost productivity and reduce regulatory costs in this year's Budget. Boosting productivity is central to this Budget because it's the best way to lift wages and living standards for Australians. Our comprehensive package to boost productivity and reduce regulatory costs will make it easier to build, easier to do business and easier to ...
CANBERRA, ACT, May 12 -- The Treasurer of Australia issued the following media release: The Albanese Labor Government is taking decisive action in the Budget to boost housing supply, make our tax system fairer to help more Australians into homeownership and build on our work over the last fouryears to build more houses. This is about building more homes, helping more Australians realise the dream of homeownership and giving younger Australians a leg up in the housing market. We know it's too ...
CANBERRA, ACT, May 12 -- The Treasurer of Australia issued the following media release: The Albanese Labor Government is backing business innovation and investment through landmark tax reforms as part of the Budget's productivity package. Australia is a world leader in innovative ideas and business success stories and we are ensuring that will continue. New tax incentives will encourage more entrepreneurship and back hundreds of millions of dollars in new research and development for young fi...