Articles On Chalmers (ASX:CHR)

Highlights    Government redefines Future Fund's investment strategy.   Focus areas include housing and green energy initiatives.   Fund stability ensured with no withdrawals before 2032-33.   The Australian Government has introdu...

Treasurer Jim Chalmers has hit back at accusations that a planned overhaul of the $230 billion Future Fund will compromise the body’s independence or force it to underwrite pet government projects.

To bankroll big government projects, Treasurer Chalmers wants to use Future Fund money meant to pay public servants’ super.

Jim Chalmers has defended the sweeping changes to help “modernise” Australia’s $230bn sovereign wealth fund to prioritise issues like housing and renewable energy.

Treasurer Jim Chalmers has warned forecasted revenue “will be much smaller” due to China’s crashing property sector and its impact on iron ore prices.

China’s economic slowdown and a softening labour market has left Treasurer Jim Chalmers with a ‘sliver’ of the revenue windfalls that have propped up his Budget bottom line for the past two years.

Labor will move to reform how retirees will be able to access their super, as the number of Aussies over 85 are set to triple in the next four decades.

Charger Metals (ASX:CHR) has completed the purchase of the final 30% interest in the Bynoe Lithium Project in the Northern Territory from Livium (ASX:LIT). On 7 November 2024, Charger Metals exercised its pre-emptive right to acquire the...

Charger Metals NL (ASX:CHR) has affirmed its complete acquisition of the Bynoe Lithium Project in the Northern Territory, making good on an announcement two weeks ago that it had exercised its pre-emptive right to take the remaining 30% of...

Businesses selling essential items like food and fuel would be forced to keep accepting cash under a Federal Government plan to protect a financial ‘lifeline’ for many shoppers.

Speculation is growing over which projects would help plug a supply gap in one of Australia’s largest mining complexes Closure of Glencore’s underground copper mines presents opportunity for others to step up  Queensland copper attracting...

The new $900m fund will pitch state against state in an effort to boost Australia’s sagging productivity levels.

Jim Chalmers will put $900 million in incentives on the table for the States to make actual economic improvements including streamlining commercial zones and slashing red tape around pre-fabricated houses.

Jim Chalmers will put $900 million in incentives on the table for the States to make actual economic improvements including streamlining commercial zones and slashing red tape around pre-fabricated houses.

Australia's Treasurer Jim Chalmers says the government is in the last stages of talks with ANZ to secure its presence in the Pacific region.

Jim Chalmers will issue a grave warning about Australia’s economic vulnerability as the world braces for trade tensions in the wake of the US election.

Treasurer Jim Chalmers has cautioned that Australia will feel the impact of trade tensions arising from Donald Trump’s election as US president, warning of potential economic challenges. In a speech set to be delivered at the Australian Ins...

Treasurer Jim Chalmers believes Australia is well placed to deal with global financial shocks despite the looming threat of US tariffs.

The ASX200 closed up 0.33% at 8226 points. Trump’s election is widely expected to be good for the American energy and defence sectors but troubling for elements of the healthcare sector. It’s likely Trump will revoke or water down Bid...

Charger Metals (ASX:CHR) is acquiring the Bynoe Lithium Project after exercising its pre-emptive right to acquire the remaining 30% interest from Livium (ASX:LIT).  Charger Metals will pay $500,000 cash to Livium for whole ownership of t...

The Reserve Bank was forced to adjust its expectations due to ‘higher than expected’ Government spending, casting shadows around Jim Chalmers’ claim Labor was making progress in the fight against inflation.

Highlights Inflation falls to RBA’s target range, driven by energy price drops. Core inflation remains above target due to underlying pressures. Interest rate cuts remain uncertain despite inflation milestones. Australia's inflati...

Australia’s inflation has returned to the Reserve Bank of Australia’s (RBA) target range of 2-3% for the first time since March 2021, driven by a substantial drop in energy and fuel prices. The Australian Bureau of Statistics (ABS) announce...

Jim Chalmers says Australia is on track for a soft landing after inflation dropped to its lowest level since 2021 — but the numbers are unlikely to sway the RBA to cut interest rates.

Treasurer Jim Chalmers says “billions of dollars” were wasted in poorly targeted relief payments during the Covid-19 pandemic.

Highlights Australian Treasury and RBA prepare for economic shifts post-US election Key concerns include tariffs, inflationary policies, and bond rate adjustments Potential outcomes weigh heavily on Australia’s trade and economic stab...

Treasurer Jim Chalmers says inflation has halved since Labor took office but highlights there is still work to be done.

This article is part of the daily news updates from FNArena.com. Stay informed with the latest financial, business, and economic insights. Written by Admin SPI futures are indicating a rather lacklustre start to the final week for October i...

ASX set to open positively after mixed Wall Street overnight Tesla shares surge 21pc on strong earnings report Treasurer Chalmers optimistic about Australian economy   The ASX is set to to kick off Friday on a positive note following a mi...

Treasurer Jim Chalmers has warned world leaders an escalation of conflict in the Middle East could derail the economic recovery and make inflation worse. 

The resources and mining equipment, technology, and services sectors combine to contribute an estimated 15% of Australia’s GDP, creating more than 1.1 million jobs, of which METS businesses employ 300,000 people directly. In this final e...

The Core Lithium Ltd (ASX: CXO) share price is marching higher today. Shares in the All Ordinaries Index (ASX: XAO) lithium stock closed yesterday trading at 11.0 cents. In early morning trade on Thursday, shares are changing hands for...

A report from the IMF will add pressure on Treasurer Jim Chalmers to rein in spending to help the inflation fight, revealing budget surpluses have been propped up by rocketing tax revenue.

Highlights Australia’s inflation forecast for 2025 has been raised to 3.6%. IMF report warns of potential global trade tensions and economic risks. Australia’s projected inflation will outpace most advanced economies. Australia’s...

Chalmers said core inflation will go under 3% by December, which should trigger rate cuts. But is there a timing problem with his call on this?

Jim Chalmers had several heart-in-mouth moments this year when he believed Australia was falling into recession but now he says the peak of inflation is in the rear view mirror.

Jim Chalmers says people have been too quick to disparage employment data, despite concerns it could mean homeowners will wait longer for a rate cut.

This article is part of the daily news updates from FNArena.com. Stay informed with the latest financial, business, and economic insights. Written by Admin Equities overnight had another positive session, both in the US and in Europe, and t...

New laws will be introduced to Parliament today. While there might be changes to the bill, the positive political effect of this assault on price-exploiting big businesses will be good for the Labor government’s most important job right now...

The Core Lithium Ltd (ASX: CXO) share price is down 4.2% in afternoon trade today. At the time of writing, shares in the All Ordinaries Index (ASX: XAO) lithium stock are changing hands for 11.5 cents apiece. Still, you won't find investor...

This article is part of the daily news updates from FNArena.com. Stay informed with the latest financial, business, and economic insights. Written by Greg Peel RBA rate hikes have weighed heavily on Australia’s property market, but since a...

The Minerals Council of Australia (MCA) has lauded Australia’s second straight budget surplus as a result of the ongoing strength and reliance of the country’s resources sector. Treasurer Jim Chalmers last week announced the Australian G...

Core Lithium Ltd (ASX: CXO) shares enjoyed a tremendous run in September. Shares in the embattled All Ordinaries Index (ASX: XAO) lithium stock ended the day on 30 August trading for 9 cents. At the closing bell on 30 September, shares w...

ASX dips as miners lead selloff as Chinese markets close for holidays Sigma Healthcare soars 22pc after merger update Qantas tumbles 4pc as Qatar eyes Virgin Australia stake   The ASX dipped  from its record high as miners led the sellof...

QMines wraps up Develin Creek acquisition for $1.66m Maiden drilling has hit high-grade copper and zinc already, including at the exciting Scorpion prospect Hosts significant copper resource, close to the Company’s historic Mt Chalmers cop...

Treasurer Jim Chalmers says a major move by China could be a game changer for a key sector of Australia’s economy.

ASX rises modestly with mining stocks leading gains Fortescue surges nearly 5pc as iron ore prices climb on fresh China stimulus Odessa soars on news of a $1,1m placement to secure exploration at its Lyndon uranium project   The ASX scal...

Highlights ASX 200 sets a new intraday high of 8,271.90 points, driven by mining and energy gains. Federal Treasurer Jim Chalmers announces a significant budget surplus of $15.8 billion. Iron ore prices rise, boosting shares of key mi...

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, which is meant to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the...

Highlights ASX is expected to rise, despite recent Wall Street trends. The Australian government achieved its second consecutive budget surplus.  Global oil prices rose, and base metals surged over the past week. The ASX is set fo...