Jim Chalmers

Australia and the AI revolution – turning algorithms into opportunities We cannot simply let AI rip, but nor can we pretend it’s not happening – we can chart a middle course that makes our people beneficiaries, not victims of technological change, writes the federal treas...

Read now in @australia.theguardian.com: www.theguardian.com/business/202...

Hoping and expecting artificial intelligence to be a big focus of our Economic Reform Roundtable, so I wrote this longer piece about finding a middle path on AI that makes Australians beneficiaries not victims of accelerating technological change. #auspol #ausecon

This is real help with the cost of living for 1.2 million Australians, including these students in Brisbane that Albo, Renee Coffey, Madonna Jarrett and I caught up with at the Paddo Hotel back in April.

Proud to be able to deliver this election promise for them today.

BREAKING: Our legislation to cut 20% off your student debt has just passed the parliament.
#auspol #ausecon

Monthly headline inflation is just below the band at 1.9 per cent and at its lowest since 2021.

This is welcome and encouraging news.

It’s an outstanding result which confirms we are sustainably in the band with substantially lower inflation.

New figures from the ABS show that headline & underlying inflation have both fallen to their lowest rates in almost four years.

Data released today confirms both headline and underlying inflation were in the RBA’s target band in the June quarter 2025.

Very welcome new inflation numbers are a powerful demonstration of the progress Australians have made together. Quarterly and monthly, headline and underlying, goods and services inflation - all down. #auspol #ausecon

The big priority for this parliamentary week is introducing new legislation to make medicines cheaper. #auspol #ausecon

We're delivering on a key election promise and introducing legislation to ensure that the penalty rates of workers on awards are protected into the future.

This is all about helping hard working Australians earn more and keep more of what they earn.

BREAKING: We've just introduced our legislation to cut student debt by 20%. Here's what it means for you.

Whether it's taking 20% off your student debt or protecting your penalty rates - our Labor team's first week back at parliament is all about is helping Australians earn more and keep more of what you earn. #auspol #ausecon

On busy days when you didn’t have time to pore over pages and pages of economic analysis, you knew that a few minutes of Peter would be decent start.

We will miss him, we mourn him, and our hearts go out to his loved ones and many admirers.

He had an unrivalled talent for drawing out the vital elements of each day’s economic news, a remarkable ability to separate the consequential from the trivial.

So many of the decisions taken around boardroom tables and cabinet tables were shaped and influenced by Peter’s authoritative voice first thing each morning.

ABC journalist Peter Ryan dies, leaving 'significant legacy' A look back at the life of Peter Ryan and his career as an award-winning journalist.

I pay tribute to the life and legacy of a wonderful Australian, Peter Ryan.

This is a devastating loss for Australian journalism and economics.

www.abc.net.au/news/2025-07...

Speaking w/ @bloomberg.com from G20 econ ministers meeting. In a world of volatility & uncertainty, collaboration & engagement is key to building more productive, resilient, & sustainable economies with more reliable markets & robust supply chains that benefit Aus workers, businesses & industries.

I'll be speaking to Steve Cannane on Radio National from the G20 in South Africa shortly #auspol #ausecon

I’m in South Africa to meet with our partners from across the G20 as part of our government’s work to strengthen our economy in the interests of Australians.

We're here to stand up for Australia and ensure our economy remains strong, no matter what comes our way. #auspol

Jim Chalmers on uncertainty and ambition - podcast Treasurer Jim Chalmers tells chief political correspondent Tom McIlroy what he hopes can come out of his upcoming meeting with the G20 finance ministers

Enjoyed speaking to Tom McIlroy on the Guardian
pod about a busy week engaging with our international counterparts, parliament coming back on Tuesday, our opponents and their approach to the reform roundtable, and getting back into reading. theguardian.com/australia-ne... #auspol #ausecon

The Tassie election is a choice between more farce and more failure from the Liberals or a fresh start and a better future under Labor.

#auspol #ausecon

Jim Chalmers shakes Dean Winter’s hand at Tasmanian Labor’s campaign launch.

Jim Chalmers on stage at Tasmanian Labor campaign launch.

Jim Chalmers with Lyn, Labor volunteer.

Jim Chalmers at Tasmanian Labor campaign launch.

Tasmania deserves a fresh start and Dean Winter is the person to deliver it.
 
It was an honour to launch his campaign in Devonport today.

#auspol #ausecon

More cost of living help is on the way from today.

We're delivering meaningful, responsible relief for Australian families - providing real support right now and help for the future as well.

#auspol #ausecon

We know people are still under pressure and that's why we're rolling out a whole raft of new cost of living measures from next Tuesday.

Today's encouraging inflation data illustrates the really substantial and now sustained progress that Australians have made together when it comes to getting on top of this global inflation challenge. #auspol #ausecon

New figures from the ABS show monthly headline & underlying inflation have both fallen more than expected and are now both in the bottom half of the RBA target band for the first time since August 2021.

Very pleasing to see more progress today getting inflation down substantially and sustainably.

We know there’s more to do and that’s why the reform roundtable I’m convening in August is a genuine attempt to build consensus around our biggest economic challenges.

This is why economic reform matters.

We’ve made a lot of progress together in our first term making our economy more productive, dynamic and resilient to help deliver a better standard of living for all Australians. #auspol #ausecon

Early (frosty!) start to a big day, speaking at the Press Club about how we reform our economy together to make it more productive, dynamic and resilient in the face of all the global uncertainty. We’re lifting living standards and creating more opportunities for more people now and into the future.

PM’s at www.pm.gov.au/media/secret....