Jim Chalmers 2022

Thanks Duncan, thanks everyone who has come along tonight and thanks to the Press Club for hosting us once again.

On this Ngunnawal and Ngambri land I acknowledge elders, customs and traditions, and I acknowledge the pain many First Nations people are feeling in the aftermath of the referendum. I want to talk about that a bit more, shortly.

Today’s September quarter Consumer Price Index shows annual inflation moderated to 5.4 per cent from six per cent in the previous quarter in the face of intensifying global volatility.

The world is inflicting price pressures on Australians and we are doing our best to ease them.

Twelve months ago, today Katy Gallagher and I handed down the first Budget of the Albanese Labor Government.

JIM CHALMERS:

Bill Hayden was the selfless servant of the Australian people, and our Party.

He was humble and grounded, responsible and respected, a wonderful Queenslander and Australian.

He was our 27th Treasurer, but his impact went well beyond the five months he served in that role in 1975.

JIM CHALMERS:

The Albanese Government will direct the Australian Competition and Consumer Commission (ACCC) to monitor domestic air passenger services to help ensure Australians see the benefits of a competitive airline sector.

The Albanese Government is progressing work to tighten multinational tax loopholes, increase transparency and ensure multinationals pay their fair share of tax in Australia.

Even with the referendum campaign and conflicts in the Middle East and Europe dominating the headlines, the Albanese Government has maintained its primary focus on bread‑and‑butter issues affecting Australians.

We know cost‑of‑living pressures are hurting many households and, more importantly, we’re acting to make things a little easier. 

The Albanese Government is outlining the next steps in its approach to regulating crypto and digital assets to protect consumers, support innovation and provide industry certainty.