Jim Chalmers 2022

The Hon Dr Jim Chalmers MP
Treasurer

Portrait (media)
Image
The Hon Dr Jim Chalmers MP
Header image
Start date
Position
Treasurer

More Australians can now top-up super from sale of their home

Date

From 1 January, more Australians will benefit from topping-up their super if they sell their home.

In 2023 the eligibility age for people to make downsizer contributions into their super will expand to include those aged 55 and over.

This is a really important way for Australians to boost their retirement savings if they downsize when the kids move out.

Gas price cap to take effect

Date

The Albanese Government has today taken action to limit the worst impacts of gas price increases resulting from Russia’s illegal war in Ukraine by applying an emergency, temporary price cap to wholesale gas contracts.

Following passage last week of urgent legislation, the Acting Treasurer has today signed an instrument to bring the price cap into effect from tomorrow.