Jim Chalmers 2022

Australia and New Zealand will work closer than ever before to maximise the economic opportunities of the net zero transformation and accelerate climate action across the Indo‑Pacific.

The Hon Jim Chalmers, the Hon Chris Bowen, the Hon Grant Robertson, and the Hon James Shaw met in Wellington on 8 June 2023 for the inaugural Australia–New Zealand Climate and Finance Ministers’ meeting.

RAFAEL EPSTEIN:

The Federal Treasurer, part of Anthony Albanese's government, thanks for joining us.

JIM CHALMERS:

Thanks very much, Raf.

EPSTEIN:

What do you think is the biggest driver of inflation? Is it wages or prices?

CHALMERS:

Over the next two days I will take part in a series of meetings in New Zealand to strengthen trade and business links between our nations.

This is about ensuring that the next 40 years of Closer Economic Relations are even more fruitful than the first 40 that we celebrate this year.

While in New Zealand, I will:

KIERAN GILBERT:

The Treasurer, Jim Chalmers, joined me a short time ago. I began by asking whether he still believes our economy can achieve a soft landing.

JIM CHALMERS:

JIM CHALMERS:

Today’s National Accounts confirm that momentum in the Australian economy is moderating largely as expected.

These figures are not surprising given the significant headwinds from higher interest rates, high inflation, and a slowing global economy.

The Albanese Government is today releasing an updated Statement of Expectations for the Australian Prudential Regulation Authority (APRA).

The updated statement outlines how the Government expects the prudential authority to carry out its responsibilities in regulating banks, insurance companies and superannuation funds.

The Albanese Government will work to ensure Australians continue to have access to the payments services they require as the nation shifts away from the use of cheques.

The cheque system in Australia will wind down no later than 2030.

The Albanese Government is taking the next important steps to modernise the way Australians make and receive payments.

The Strategic Plan for Australia’s Payments System released today presents a roadmap for the development of the sector.