Chalmers on 'Unacceptable' Australian Housing Status Quo

🇦🇺 Bloomberg (AU) —

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Australian Treasurer Jim Chalmers highlighted the country's pressing housing crisis ahead of the upcoming Federal Budget. The budget will address ongoing issues like inflation and national debt amidst global economic challenges.

Australian Treasurer Jim Chalmers will hand down the 2026-27 Federal Budget on May 12. It's framed as one the country's most consequential Budgets against a backdrop of inflation-fuelling global energy shocks, climbing cost-of-living, slowing productivity and a national debt edging toward A$1 trillion. Chalmers speaks with Bloomberg's James Mayger in Canberra. (Source: Bloomberg)

Politics Markets Real Estate Australia housing crisis Federal Budget inflation national debt

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