Jim Chalmers 2022

Next year marks the 50th anniversary of a ground-breaking piece of legislation that shaped the modern Australian economy.

The Trade Practices Act, introduced by Labor in 1974, transformed the way companies operated and set the standard for what consumers should expect from business.

The Albanese Government is moving to enshrine an objective of superannuation in legislation as part of its agenda to strengthen and maximise the benefits of the nation’s super system.

An agreed objective of super will serve as a guide for future governments, regulators, industry, and the wider community, instilling greater confidence in the system.

New ABS data today shows real wages increased 0.1 per cent in the September quarter, the second consecutive quarterly increase.

The Wage Price Index (WPI) rose 1.3 per cent in the September quarter to be 4.0 per cent higher through the year. This is the highest quarterly growth in the 26‑year history of the WPI and the fastest annual growth since 2009.

I can’t thank you enough Jen for that welcome, and for this special, now solemn opportunity to pay tribute to Bill Hayden.

This Hayden Oration has become such an important night for the True Believers of Ipswich and beyond –

A night where we remember Bill by paying tribute to him, sharing stories and memories of him –

On Sunday 12 and Monday 13 November I’ll participate in the Asia-Pacific Economic Cooperation (APEC) Finance Ministers’ Meeting in the United States.

While at APEC, I'll also meet with my American, Chinese and Vietnamese counterparts.

The Albanese Government today releases the first Statement of Expectations for the Productivity Commission (PC) in its 25‑year history.

The Albanese Government’s economic management has been strongly endorsed in a new independent assessment that says the budget is helping to fight inflation.

SARAH FERGUSON:

So was the RBA right to raise rates today?

JIM CHALMERS:

JIM CHALMERS:

ROSS GREENWOOD: