Jim Chalmers says it’s absurd to expect him to copy Paul Keating as critics lash values-based capitalism essay

Treasurer says 2023 priorities include cost-of-living relief, a tax expenditure statement and the intergenerational report and wellbeing framework

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Jim Chalmers has declared it is “absurd” to think the Albanese government in 2023 will be a photocopy of the Hawke and Keating governments in the wake of a sustained backlash against his new essay championing values-based capitalism.

The treasurer says the overwhelmingly negative reaction to his summer think piece, published by the Monthly last month, is out of step with sentiment in the investor community and also reveals a disconnect between some opinion leaders in Australia and cutting-edge economic policy analysis overseas.

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