Politics with Michelle Grattan
Sep 22, 2026 · 26 min · 10 segments
The treasurer says there's 'likely to be billions of dollars extra' in higher bills on government debt in December's budget update.
Jim ChalmersGuest
Michelle GrattanHost
Jim Chalmers, the Intergenerational Report points to a reform agenda to lift living standards, but the measures are pretty broad.
What are you particularly concerned about at the moment in trying to boost living standards?
And that's about recognising that the best way to lift living standards over time is to make our economy more productive, more dynamic, more competitive.
So the productivity package is key, but really right across the intergenerational report If you look at all of these big intergenerational challenges, productivity is one of them.
The housing market, tax reform to cut taxes for workers, strengthening superannuation, which is such an advantage that we have in the decades to come, and also minimizing the risks of AI.
And so overwhelmingly, the intergenerational report, I think, justifies and validates, and I think in time will vindicate our economic plan.
Jim Chalmers, the Intergenerational Report points to a reform agenda to lift living standards, but the measures are pretty broad.
What are you particularly concerned about at the moment in trying to boost living standards?
And that's about recognising that the best way to lift living standards over time is to make our economy more productive, more dynamic, more competitive.
So the productivity package is key, but really right across the intergenerational report If you look at all of these big intergenerational challenges, productivity is one of them.
The housing market, tax reform to cut taxes for workers, strengthening superannuation, which is such an advantage that we have in the decades to come, and also minimizing the risks of AI.
And so overwhelmingly, the intergenerational report, I think, justifies and validates, and I think in time will vindicate our economic plan.
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