Jim Chalmers has held high-level meetings in Washington ahead of unveiling this year’s budget, which he says will target “economic security”.
: Federal Treasurer Jim Chalmers insists Australia’s relationship with the US will remain strong if Donald Trump is re-elected, saying Canberra will “play the cards that we’re dealt” after theSpeaking in Washington after meeting with G20 finance ministers, the International Monetary Fund and the World Bank, Chalmers also warned that the risk ofFrom left: Treasurer Jim Chalmers, British Chancellor of the Exchequer Jeremy Hunt, US Treasury Secretary Janet Yellen, Canadian Deputy PM and Finance...
Chalmers said the conflict in the Middle East, along with Russia’s war in Ukraine, were the two biggest influences on the global economies and would also shape Australia’s coming budget. The treasurer attended 19 meetings during his whirlwind trip to Washington, including with US Treasury Secretary Janet Yellen, Ukraine Finance Minister Sergii Marchenko, and US Federal Reserve Chair Jerome Powell.
“But we are confident that in either scenario, we’ll continue to be well-represented and we’ll continue to have our interest recognised here in the US because we’re such close friends.”Concerns about the future of Australia’s relationship with its most important security partner emerged last month after, now the nation’s ambassador to the US, describing him as “nasty” and “not the brightest bulb”.
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