Grattan on Friday: Chalmers is trying to make economic uncertainty a springboard for reform
When he talks about the May 12 budget, Treasurer Jim Chalmers always stresses that what s done on things like the capital gains tax discount will be a matter for cabinet. It would be more accurate to say the fate of controversial proposals will depend on where Anthony Albanese is willing to land. Budget preparation, on which cabinet s expenditure review committee is working, has been transformed by the ever worsening Middle East war. The fuel shortages, particularly of diesel, will drag at the

When he talks about the May 12 budget, Treasurer Jim Chalmers always stresses that what s done on things like the capital gains tax discount will be a matter for cabinet. It would be more accurate to say the fate of controversial proposals will depend on where Anthony Albanese is willing to land. Budget preparation, on which cabinet s expenditure review committee is working, has been transformed by the ever worsening Middle East war. The fuel shortages, particularly of diesel, will drag at the
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