Jim Chalmers 2022

New data released by the Australia Bureau of Statistics shows that annual real wages have grown for 18 months in a row under the Albanese Labor Government.

Under Labor, more Australians are working, earning more and keeping more of what they earn.

Jim Chalmers:

I’m really grateful to the Prime Minister for the opportunity to serve as Australia’s Treasurer. Looking forward to being sworn in with my outstanding colleagues later this morning.

Sarah Abo:

Well, the new Labor Cabinet will be sworn in this morning after a cut‑throat reshuffle saw several MPs booted from their portfolios.

Sally Sara:

The brakes have been slammed on the US‑China trade war with the 2 countries agreeing to slash the steep tariffs on each other for 90 days. The deal was struck following negotiations between the 2 sides in Geneva as Australia and many other economies braced for the financial fallout of the clash.

Bridget Brennan:

Hello Treasurer and welcome back to News Breakfast.

Jim Chalmers:

Thanks very much, Bridget.

Brennan:

Tell us about your biggest challenge as you enter a second term as Treasurer.

Chalmers:

Peter Stefanovic:

Thank you. Well, the Prime Minister will swear in his new team this morning, which features some familiar faces and some new ones as well. One of those maintaining his role is the federal Treasurer Jim Chalmers who joins us live from Canberra now. Treasurer, congratulations on your re‑election. Thank you for your time this morning.

Natalie Barr:

I’m grateful to the Prime Minister for the opportunity to continue to serve as Australia’s Treasurer.

I’m especially pleased to lead a really high‑calibre economic team alongside the re‑appointed Finance Minister Katy Gallagher.

I’m looking forward to working closely with Daniel Mulino as the new Assistant Treasurer and Minister for Financial Services.

Jim Chalmers:

David Speers:

Treasurer, thank you.

Jim Chalmers:

It’s been too long, David.

Speers:

It’s been too long. After a little bit of sleep, how do you reflect on what happened last night?

Chalmers: