Jim Chalmers 2022

PATRICIA KARVELAS:

The Albanese Labor Government will continue its historic reform of Paid Parental Leave (PPL) and will pay superannuation on the Government payment from 1 July 2025.

The announcement will be made alongside the release of Working for Women – Australia’s first national strategy to achieve gender equality.

DAVID LIPSON:

Treasurer, thanks for being with us. We have avoided a recession, we've avoided negative growth, only just, but economists say we are in a per capita recession. Would we be in a period of negative growth if not for the high level of migration right now?

JIM CHALMERS:

KIERAN GILBERT:

Jim Chalmers is live in the studio. Does this number today, it is softer, obviously, but it's not a recession. As you pointed out, UK, Japan, others have had recessions. Do you feel confident you've got the soft landing?

JIM CHALMERS:

JIM CHALMERS:

Today's National Accounts show that Australia's growth is subdued but relatively steady in the face of higher interest rates, high but moderating inflation and ongoing global economic uncertainty.

Today’s National Accounts show Australia’s growth is subdued but steady in the face of higher interest rates, high but moderating inflation and ongoing global uncertainty.

The economy grew a little but not a lot.

Even weak growth is welcome growth in the circumstances.

Thanks for the opportunity to be here this afternoon and with so many CEOs and business leaders from across the region.

We meet near the banks of a river the Wurundjeri people have been gathering on for thousands of years.

Today, I acknowledge their elders, customs and traditions and pay my respects to their continuing connection to country.

PETER STEFANOVIC:

Well, the Prime Minister will set aside $2 billion to help fund green energy and infrastructure development in South-East Asia. The aim – it’s going to be announced a little later on – but it’s to seize on demand for renewable power in the region over the next few decades.

SARAH ABO:

Good morning, Treasurer. Good to see you.

JIM CHALMERS:

Hi Sarah.

ABO:

The economy looks like it's slowing, it's softening. How is that going to help Aussies facing this cost‑of‑living pressure at the moment?

CHALMERS:

MICHAEL ROWLAND:

Treasurer Jim Chalmers joins us now from the summit in Melbourne. Treasurer, a very good morning to you.

JIM CHALMERS:

Good morning, Michael.

ROWLAND:

Tell us about this $2 billion investment financing facility for Australian companies in the region. How's it going to work?