Posts tagged "chalmers"

Australia's company tax rate is unlikely to change in the upcoming federal budget, says Treasurer Jim Chalmers, suggesting a combination of targeted tax breaks and incentives will anchor the economic blueprint.

Australian industry groups have urged the federal government to ramp up efforts to boost productivity after Treasurer Jim Chalmers delivered a bruising update to the nation's economic outlook.

Treasurer Jim Chalmers will tell Parliament that estimated growth has been cut by half a percentage point for last financial year, this financial year and next year.

Chalmers says he will deliver a budget in the last week of October, so as to put the Albanese government’s election promises in play and start the cutting back of wasteful expenditure.

Jim Chalmers has spent three days with Treasury secretary Dr Steven Kennedy poring over the so-called ‘red book’ brief to discuss the economic lay of the land.