Jim Chalmers 2022

PATRICIA KARVELAS:

KIERAN GILBERT:

JIM CHALMERS:

These new inflation numbers show that we’re making welcome progress in the fight against inflation, but we understand that people are still doing it tough.

New figures from the Australian Bureau of Statistic show that the monthly inflation indicator moderated 0.3 percentage points in July and the government’s policies are helping.

Monthly inflation is now at a four‑month low and trimmed mean inflation has hit a six‑month low.

SABRA LANE:

The federal Treasurer, Jim Chalmers, has delivered a speech overnight on Australia’s economic prosperity and resilience through times of financial shock, and he’s used part of it to launch a scathing critique of Liberal leader Peter Dutton’s leadership style and motives.

Patterns of progress

Thanks, Nick, for the invitation and Fletcher for the introduction –

To the John Curtin Research Centre, its sponsors and supporters –

And to all of you for gathering here again on the lands of the Wurundjeri people –

Whose elders, customs, and country we begin by respectfully acknowledging tonight.

The Australian Government will nominate Rob Nicholl for appointment as the Executive Director at the World Bank Group, Nghi Luu as the Alternate Executive Director at the International Monetary Fund and Natalie Horvat as Alternate Director at the European Bank for Reconstruction and Development.

Today the Albanese Government and the states and territories are taking the next step to revitalise National Competition Policy (NCP) to make our economy more productive, more dynamic and more competitive.

Increasing competition and dynamism is good for businesses, good for consumers and good for the economy.

JIM CHALMERS:

Today the ABS has released its first annual Measuring What Matters dashboard, housing Australia’s wellbeing framework established by the Albanese Government.

This newly renovated dashboard will place a national focus on wellbeing beyond other critical indicators like GDP, employment and wages – embedding the framework as a robust and permanent source of accountability.