Jim Chalmers 2022

This Bill and this Government recognises that Australian households and businesses are confronting unsustainable, unacceptable energy price rises.

We respond with urgent, targeted, meaningful action – to take some of the sting out of these price rises, and to provide direct energy bill relief.

The Albanese Government is delivering reforms to modernise Australia’s financial system, positioning our economy to embrace new economic opportunities and respond to future challenges.

In 2023, the Government will:

LAURA TINGLE:

I was joined a short time ago by Treasurer Jim Chalmers.

JIM CHALMERS:

Introduction

Thanks Kristy [Graham, CEO ASFI] and Kristian [Fok, Chair & Director ASFI] for the introduction and for the invitation to join you.

I acknowledge Gadigal country and its custodians – who have cared for this land for tens of thousands of years, and still care for it today.

The Albanese Government will deliver reforms to ensure Australia can grasp the economic opportunities from more investment in cleaner, cheaper and more reliable energy, and manage the financial risks that climate change presents.

Today the Government is releasing a consultation paper on the development of an Australian climate risk disclosure framework.

The Albanese Government is taking action to limit the worst impacts of the forecast gas price increases in order to protect Australian households, industry and manufacturers, save jobs, and ensure a stable and well-functioning wholesale gas market with adequate domestic supply at reasonable prices.

The Government will:

RACHEL PUPAZZONI:

The Treasurer wasn't sugar coating today's GDP numbers, acknowledging they're backward-looking and the bulk of the pain lies ahead. Jim Chalmers warns trying to bypass the global downturn to ensure Australia's economy continues to grow will be a challenge.

JIM CHALMERS:

PATRICIA KARVELAS:

Good morning, The Treasurer is Jim Chalmers and he's our guest this morning. Treasurer, welcome.

JIM CHALMERS:

Thanks very much, Patricia.

KARVELAS:

TOM CONNELL: