Jim Chalmers 2022

James Glenday:

Treasurer, good morning and congratulations on your fourth Budget.

Jim Chalmers:

Thanks very much, James. Good to be back with you.

Glenday:

Kieran Gilbert:

Deborah Knight:

This is a special Budget edition of Money News. Deb Knight here, joined by my Nine radio colleagues, John Stanley and Ollie Peterson, and with us now from our Parliament House studio, the man at the moment, federal Treasurer Jim Chalmers. Treasurer, welcome.

Jim Chalmers:

Charles Croucher:

Thank you for joining us.

Jim Chalmers:

Thanks very much, Charles.

Croucher:

The surprise element of the Budget, a tax cut for every Australians, but not until 2026. It’s a surprise, isn’t it?

Chalmers:

Mark Riley:

Treasurer, thanks for joining us at Seven News.

Jim Chalmers:

Thanks, mate.

Riley:

Tax cuts, they’re not huge but helpful. Is this just returning bracket creep?

Chalmers:

Jim Chalmers:

This Budget is all about helping with the cost of living, strengthening Medicare and building Australia’s future in the face of some pretty substantial global economic uncertainty. Global uncertainty casts a shadow over the world’s economy and also over the Budget and that’s what makes the progress that Australians have made so remarkable.

Anna Henderson:

Treasurer, thanks for joining us.

Firstly, whether you’re a millionaire or whether you’re on a low income, you’re getting an energy bill rebate and a tax cut. Some people are seeing that as an election bribe. When you could have helped people who are struggling more, why didn’t you?

Jim Chalmers:

Ashleigh Raper:

Good evening.

If you’re an average income earner with your new tax cuts, when they’re fully implemented, it would mean an extra $10 in your pocket. Do you concede that that isn’t going to go – it’s not going to go very far?

Jim Chalmers:

Jim Chalmers:

The Albanese Government is taking action to stop unfair non‑compete clauses that are holding back Australian workers from switching to better, higher‑paying jobs.

We will ban non‑compete clauses for most workers that have no justification and drag down wages.

This Budget is backing workers, boosting wages and building a stronger economy.