Jim Chalmers 2022

Australia’s AAA credit rating has been reaffirmed by Fitch Ratings following the October Budget, highlighting the Albanese Government’s responsible economic management.

The international ratings agency confirmed that the October Budget showed “restraint” and did not add to cost pressures in the economy.

JOURNALIST:

When can we expect to see an energy plan?

JIM CHALMERS:

The Government's made it really clear that we're acting with some urgency here and we hope to have an announcement between now and Christmas.

The Albanese Government has delivered on our election commitment to make electric vehicles more affordable for more Australians.

The Electric Car Discount Bill, which passed Parliament today, will encourage greater take‑up of electric vehicles and reduce transport emissions as part of the Government’s broader climate action agenda.

The Albanese Labor Government will continue its positive agenda to boost economic inclusion and tackle disadvantage by establishing an Economic Inclusion Advisory Committee.

Treasurer Jim Chalmers and Minister for Social Services Amanda Rishworth will appoint the members of the legislated Committee, which will be established in an interim capacity before the end of the year.

South Australia's Deputy Under Treasurer and former finance executive Anna Hughes has been appointed Chief Executive Officer of the Australian Office of Financial Management – the first woman to lead the organisation in its 23‑year history.

JULIE COLLINS:

Thanks Michelle [Gunn, Editor, The Australian] for the introduction, to The Australian and especially John Lehmann for the invitation – and what a great idea to get this group of people in the room together, at an important time.

Housing supply and affordability is one of the biggest challenges facing our economy and our communities.

With rents through the roof and vacancies through the floor, families are struggling to find an affordable place to live.

With unemployment rates at historic lows, it’s increasingly difficult for people to live close to where the jobs and opportunities are.

The Russian invasion of Ukraine has delivered a Russian‑made energy crisis the world over. But it’s also given the world a reminder in real‑time of the costs and consequences of over‑relying on a substantial supplier of a critical resource.

KARL STEFANOVIC:

Good morning to you, Jim. Nice to have you with us this morning on this Monday morning. Look, there's been a lot of name calling but have you actually achieved anything yet in stopping more information getting out?

JIM CHALMERS: