Treasurer says 2023 priorities include cost-of-living relief, a tax expenditure statement and the intergenerational report and wellbeing framework
Jim Chalmers has declared it is “absurd” to think the Albanese government in 2023 will be a photocopy of the Hawke and Keating governments in the wake of aThe treasurer says the overwhelmingly negative reaction to his summer think piece, published by the Monthly last month, is out of step with sentiment in the investor community and also reveals a disconnect between some opinion leaders in Australia and cutting-edge economic policy analysis overseas.
Chalmers used a speech to a Labor-aligned thinktank on Sunday to outline his policy agenda for the opening of the new parliamentary year, confirming he would release a tax expenditure statement later in the month, a review of the Reserve Bank of Australia in March, and an intergenerational report and a wellbeing framework later in the year.
He said high inflation would be the government’s main economic focus, and his priorities in the May budget would be providing cost-of-living relief, growing the economy in a more inclusive and more sustainable way, and repairing the budget to enable more generous social policy spending, including on Medicare and aged care.
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