Jim Chalmers 2022

National Cabinet has today endorsed a comprehensive Commonwealth‑state agreement across health, the NDIS and GST arrangements that will ensure a fairer, more sustainable distribution of funds for health, disabilities and other essential services.

JIM CHALMERS:

The National Accounts show the Australian economy is slowing in expected ways as an inevitable consequence of higher interest rates and international uncertainty.

The economy grew by 0.2 per cent over the September quarter, to be 2.1 per cent higher through the year.

Leading investors including some of the nation’s biggest banks, superannuation funds, venture capital firms and asset managers have joined industry experts and government for the third Treasurer’s Investor Roundtable in Canberra.

JIM CHALMERS:

JIM CHALMERS:

Leading philanthropic organisations have partnered with the Albanese Government to improve the wellbeing of children and address entrenched community disadvantage, committing millions of dollars towards new initiatives and laying out a vision for investment over the next decade.

The Albanese Government is looking at how to improve the retirement phase of superannuation so that the system delivers a better retirement for more Australians.

Superannuation stands as one of our nation’s great public policy achievements. Around 16 million Australians have a super account, and the total value of funds under management is now $3.6 trillion, the fourth largest pool of retirement savings in the world.

Today I met with my state and territory counterparts in Brisbane for a productive discussion on a range of shared objectives.

Our instinct and our inclination is to work with states and territories as constructively as we can where that’s possible, where that’s affordable and where that’s responsible.