About our Jim Chalmers news
Latest news on Jim Chalmers, providing comprehensive coverage of the Australian Treasurer's economic policies, budget announcements, political career, and public appearances.
Jim Chalmers, born on 2 March 1978 in Brisbane, is the current Treasurer of Australia and a prominent member of the Australian Labor Party (ALP). As a key figure in the Albanese government since May 2022, Chalmers plays a crucial role in shaping the country's economic policies and managing its finances.
In May 2023, Chalmers delivered his second budget as Treasurer, which exceeded expectations by delivering a record surplus of $22.1 billion, equivalent to 0.9% of Australia's GDP. This marked the country's first budget surplus in 15 years and the largest ever recorded. The achievement was attributed to a strong jobs market and higher commodities prices, highlighting the government's effective economic management under Chalmers' leadership.
Beyond his role as Treasurer, Chalmers is known for his deep involvement in the Labor Party and his local community. He has served as the Member of Parliament for Rankin, a division in Brisbane's south, since 2013. Chalmers' background includes a doctorate in political science from the Australian National University, where he wrote his thesis on the prime ministership of Paul Keating, showcasing his long-standing interest in Australian politics and economics.
Chalmers' political career began in the early 2000s, working under various Labor leaders such as Queensland Premier Peter Beattie, Opposition Leader Kim Beazley, and New South Wales Premier Morris Iemma. He also served as a key advisor to former Treasurer Wayne Swan during the Rudd and Gillard governments. These experiences have shaped Chalmers' economic vision and his commitment to promoting fair and sustainable growth for all Australians.
As Jim Chalmers continues to navigate the challenges and opportunities facing the Australian economy, our NewsNow feed delivers the latest updates on his policies, public statements, and key decisions. With his record budget surplus and ambitious plans for the future, Chalmers remains a central figure in Australian politics, and our comprehensive coverage ensures you stay informed about this influential Treasurer.