Last week, Treasurer Hon Jim Chalmers MP addressed the media after the Government’s highly anticipated Economic Reform Roundtable. The Roundtable covered three main areas of the Australian economy believed to need reform, resilience, productivity and budget sustainability and tax reform. Chalmers outlined ten areas of consensus, where those invited to the Roundtable agreed on areas… Continue reading Treasurer Jim Chalmers Press Conference on the Outcomes of the Economic Reform Roundtable
Tag: Tax/Finance/Business
Albanese Government’s Productivity Agenda: Economic Reform Roundtable
12 August 2025 Following the Albanese Labor Government’s victory at the May 2025 federal election, Treasurer the Hon. Jim Chalmers MP addressed the National Press Club on 19 June outlining the government’s approach to economic reform and its three key priorities for their second term in government. In the face of continued global volatility, the… Continue reading Albanese Government’s Productivity Agenda: Economic Reform Roundtable
Defining Australian Business
On the 6th of March 2025, the Albanese Government announced a significant change in Commonwealth procurement by introducing for the first time an official definition of an ‘Australian Business’. The definition, part of the Buy Australia Plan, aims to improve transparency in procurement, strengthen domestic business competitiveness, and ensure that government contracts support genuinely Australian enterprises. Definition… Continue reading Defining Australian Business
Mid-Year Economic and Fiscal Outlook (2024-25)
On 18th December 2024, Treasurer Jim Chalmers and Finance Minister Katy Gallagher released the Albanese Government’s mid-year budget update. The complete Mid-Year Economic and Fiscal Outlook (MYEFO) budget document can be accessed here. The MYEFO reflects the Government’s focus on maintaining fiscal discipline while addressing cost-of-living pressures and investing in Australia’s long-term economic resilience. With $14.6bn in additional… Continue reading Mid-Year Economic and Fiscal Outlook (2024-25)
Victorian Budget 2023-24
On 23 May 2023, Victorian Treasurer the Hon. Tim Pallas MP delivered the Andrews Labor Government’s ninth Budget. The 2023-24 Budget predominantly focuses towards targeting the debt created by the response to the COVID19 pandemic with a key feature of the budget being COVID Debt Repayment Plan; a measure to approach the $31.5 billion worth… Continue reading Victorian Budget 2023-24