Prioritising Economic Security in a ‘Fragmenting’ World: Treasurer

Jim Chalmers says the May 14 budget will place a ’real emphasis on economic security' amidst multiple concerns about the global economy.

Shadow Treasurer Jim Chalmers speaks to the media during a press conference on day eight of the 2022 federal election campaign, in Brisbane, Australia, on April 18, 2022. AAP Image/Lukas Coch

There will be a “real emphasis on economic security” in the next federal budget in response to a range of concerns about the global economy, Treasurer Jim Chalmers said today.

He described current economic conditions as being a “tricky balance of risks” as inflation remains an issue.