Jim Chalmers 2022

The Albanese Government has introduced new legislation to the Parliament to help unlock innovation and protect Australians investing in digital assets.

Millions of Australians are using or investing in digital assets every year and this is about making that as safe and secure as possible, while also encouraging innovation.

Jim Chalmers:

New figures from the Australian Bureau of Statistics showed prices were steady in October but ticked up in annual terms.

Today’s annual result is higher than we would like but still much lower than what we inherited from our predecessors.

The flat monthly result in October was driven by falls in electricity and fuel prices, and a moderation in housing costs.

Jim Chalmers:

Labor is the party of responsible economic management. We’ve delivered 2 surplus budgets, we’ve got the deficit down in the third year, we found $100 billion in savings, and we’ve got the Liberal debt down by almost $200 billion.

Sally Sara:

Jim Chalmers is the federal Treasurer and joins me now. Treasurer, welcome back to Breakfast.

Jim Chalmers:

Thanks very much, Sally.

Sara:

Peter Stefanovic:

Sarah Abo:

Well fresh inflation figures could this morning squash any remaining hopes Australians will see another rate cut before Christmas. To discuss it Treasurer Jim Chalmers joins us from Canberra. Good morning to you, Treasurer.

Jim Chalmers:

Good morning, Sarah.

Abo:

James Glenday:

We're joined now by the federal Treasurer, Jim Chalmers. Jim, welcome back to News Breakfast.

Jim Chalmers:

Thanks for having me back on, James.

Glenday:

No, it's our pleasure.

Today, I have accepted the very clear and unambiguous recommendation from the Foreign Investment Review Board to block Cosette Australia Holdings Pty Ltd and Cosette Australia Bidco Pty Ltd from acquiring a 100 per cent interest in Mayne Pharma Group Limited on national interest grounds.