Jim Chalmers 2022

The Hon Dr Jim Chalmers MP
Treasurer

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The Hon Dr Jim Chalmers MP
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Treasurer

A welcome pick-up in wages, but more work to be done

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The Albanese Government welcomes new figures today showing wages growing at their fastest pace in more than 9 years.

The Wage Price Index rose 3.1 per cent in the year to September, according to data released by the Australian Bureau of Statistics.

Getting wages growing again is a deliberate design feature of the Albanese Government’s economic policy.

IMF endorses Australia's responsible Budget and economic strategy

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Today the IMF has backed the Albanese Government’s responsible approach to the Budget and economic management in an assessment following its annual consultations.

The IMF confirms that the Budget was responsible, right for the times, and readies Australia for the future.

This is a ringing endorsement of the Albanese Government's approach to responsible economic management.

Interview with Stephen Engle and Haidi Stroud-Watts, Bloomberg Television

Date

STEPHEN ENGLE:

Jim Chalmers, he's the Australian Treasurer and he joins me right now. So you're here ahead of the Prime Minister, who’ll be arriving later today for the Leaders’ Summit. What's been top of your discussions right now? What is the top issue? I can guess probably what it is but what have you been pushing?

JIM CHALMERS:

G20 Joint Finance and Health Ministers’ Meeting in Indonesia

Date

Today I will travel to Indonesia to attend the G20 Joint Finance and Health Ministers Meeting and to accompany the Prime Minister to the B20 Summit from 12 to 14 November 2022.

The meetings come at a critical time for the global economy and our region, and provide an important opportunity to discuss global conditions and forge deeper international collaboration.