Jim Chalmers 2022

The Albanese Labor Government has today updated the Aboriginal and Torres Strait Islander Act 2005 (ATSI Act) to support greater investment in First Nations businesses and communities.

This reform will give Indigenous Business Australia (IBA) the ability to borrow and raise funds to pursue investment opportunities that drive First Nations economic empowerment.

Thanks to Bran for the invitation, Geoff for the introduction and to you all for being here.

It’s a pleasure to be back for this annual gathering on Ngunnawal and Ngambri land. I acknowledge, as Geoff did, elders, customs and traditions.

Jim Chalmers:

I want to touch on 3 things this morning. First of all, the floods in north and Far North Queensland. Secondly, developments out of the US. And thirdly, the costings that we’ve released today on Peter Dutton’s long lunch policy.

Peter Stefanovic:

Parliament returns in Canberra this morning for what could be the final hit out before the election is called. Joining us live is the Treasurer, Jim Chalmers.

Sally Sara:

The Treasurer Jim Chalmers is my guest in the studio this morning. Treasurer, welcome back to Radio National Breakfast.

Jim Chalmers:

Thanks very much, Sally. I think all the other times have been on the phone, so it’s nice to see you in the flesh.

Sara:

Bridget Brennan:

Good morning to you, Treasurer.

Jim Chalmers:

Good morning, Bridget.

Brennan:

You would be really concerned about what’s happening in North Queensland, as a Queenslander, there are just so many communities in a very difficult position right now.

Sarah Abo:

Treasurer, good morning to you. Now, I want to get to the economy in a moment because I’d like to first ask you about the flood emergency devastating your home state of Queensland. The immediate threat is, of course, safety – but beyond that, there’ll be a huge recovery and rebuild. Is Queensland receiving the federal resources it needs?

Renee Coffey:

Peak resources industry bodies have thrown their support behind Labor’s production tax incentives, encouraging members of Parliament and senators to back the Albanese Government’s legislation currently before the House of Representatives.

Raf Epstein:

Just keep in mind, interest rates went up and up and up. We expect them to come down in February, and everyone’s also expecting the Prime Minister to call an election for April. Well, not everybody, but a lot of people.

The federal Treasurer is Jim Chalmers. Treasurer, good morning.

Jim Chalmers: