Jim Chalmers 2022

The ABS’s monthly CPI indicator rose 4.9 per cent in the 12 months to July, the lowest outcome since February 2022.

This is down from 5.4 per cent in 12 months to June and much lower than the peak of 8.4 per cent in the year to December 2022.

This is an encouraging result but we know Australians are still under the pump.

Aunty Lois May – that was a wonderful welcome to country, thank you.

We acknowledge the Whadjuk Noongar people, their elders, their customs and traditions.

The vote on a Voice to Parliament is all about giving the First Nations people of this country and state, a say in the matters which impact them –

ANDREW CLENNELL:

Treasurer, this Sunday morning, I'm going to start by playing you this clip of former Labor cabinet minister and Sky contributor Stephen Conroy during the week where he gave his opinion on the Intergenerational Report.

STEPHEN CONROY:

RAFAEL EPSTEIN:

Jim Chalmers is the Treasurer of Australia, part of Anthony Albanese's Government. Good afternoon, thanks for joining us.

JIM CHALMERS:

Thanks Raf, I've got to be up‑front with your listeners, there's no reference to Melbourne cinemas of years gone by in the Intergenerational Report.

EPSTEIN:

PATRICIA KARVELAS:

The Albanese Government has appointed Simone Constant, Alan Kirkland and Katherine O’Rourke as full-time members of the Australian Securities and Investment Commission for a term of five years.

Strong institutions are central to a strong economy.

LAURA TINGLE:

PETER STEFANOVIC:

The Intergenerational Report is coming out today. The latest drop this morning on the cost of climate change – $420 billion over the next 40 years – given it's so far off into the distance, how accurate can those numbers be?

JIM CHALMERS:

Australians living longer and healthier lives –

In a country powered by renewables and transformed by technology –

With care and compassion at its core, adding value and maximising opportunities in a world of churn and change.

An Australia of generational responsibilities and endless possibilities.

A future we can be optimistic about, but not complacent about.

JAYNE AZZOPARDI:

Let's bring in Treasurer Jim Chalmers, who joins us from Canberra. Good morning to you Treasurer. Things are already bad enough in Australian households right now, are you and this report telling us it's about to get a whole lot worse?

JIM CHALMERS: