Jim Chalmers Net Worth 2022, Age, Wife, Children, Height, Family, Parents, Salary

Jim Chalmers net worth

Read the complete write-up of Jim Chalmers net worth, age, wife, children, height, family, parents, education, qualifications, office, salary, politics, party as well as other information you need to know.


Jim Chalmers is an Australian politician who has served in the House of Representatives since 2013, representing the Division of Rankin in Queensland for the Australian Labor Party (ALP). He is the current Treasurer of Australia since 23 May 2022, having served as shadow treasurer from 2019 to 2022.

Early life

NameJim Chalmers
Net Worth$4 million
Age44 years
Jim Chalmers net worth 2022

James Edward Chalmers was born on March 2, 1978 (age 44 years) in Brisbane, Australia. He is the youngest of three children born to Graham and Carol Chalmers. His father worked as a courier and his mother worked as a nurse. They divorced when he was 14, by which time his older sisters had left home.

Chalmers grew up in Logan City in Brisbane’s south. He attended Catholic schools before going on to Griffith University, where he completed the degrees of Bachelor of Arts and Bachelor of Communications. He went on to complete a Ph.D. in political science at the Australian National University, writing his doctoral thesis on the prime ministership of Paul Keating, titled “Brawler statesman: Paul Keating and prime ministerial leadership in Australia”.

He is one of eleven MPs in the 46th Parliament of Australia who possesses a Ph.D., the others being Katie Allen, Fiona Martin, Anne Aly, Andrew Leigh, Daniel Mulino, Jess Walsh, Adam Bandt, Mehreen Faruqi, Anne Webster and Helen Haines.

Political career

Jim Chalmers worked under Queensland premier Peter Beattie as a research officer in the Department of Premier and Cabinet from 1999 to 2001. He was the ALP’s national research manager from 2002 to 2004, media adviser to Shadow Treasurer Wayne Swan from 2005 to 2006, deputy chief of staff to Opposition Leader Kim Beazley in 2006, and a senior adviser to New South Wales Premier Morris Iemma from 2006 to 2007.

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Chalmers returned to work for Wayne Swan after Labor won the 2007 federal election in the Department of the Treasury, as deputy chief of staff and principal adviser (2007–2010) and then as chief of staff (2010–2013).

He briefly served as the executive director of the Chifley Research Centre in 2013. In the same year, he published Glory Daze, a book about the disconnect between Australia’s strong economic performance and popular discontent with the government.

Member of Parliament

Jim Chalmers was elected to parliament at the 2013 federal election, replacing the retiring ALP member Craig Emerson in the Division of Rankin. He defeated former MP Brett Raguse for Labor preselection.

Chalmers was made a shadow parliamentary secretary in October 2013, a shadow minister in October 2015, and promoted to the shadow cabinet after the 2016 election as Shadow Minister for Finance. After the 2019 federal election, Chalmers publicly considered running to succeed Bill Shorten as party leader and Leader of the Opposition.

His relative youth and status as a Queenslander were seen as potential assets, as well as his membership of the Labor Right faction. However, some within his faction had already chosen to support the Labor Left candidate Anthony Albanese.

Jim Chalmers eventually chose not to stand for the position, allowing Albanese to become the leader unopposed. He subsequently also ruled out standing for the deputy leadership. He was subsequently appointed Shadow Treasurer in Albanese’s cabinet.

Political positions

Jim Chalmers was cited in 2021 as the most senior member of the Labor Right faction in Queensland. In 2016 he co-founded the Courtyard Group, a roundtable linking Labor MPs with “Australia’s leading progressive thinkers from business, academia, media, and consumer advocacy bodies”.

According to political scientist Carol Johnson, Chalmers’ 2013 book Glory Daze “defined Labor as standing for intergenerational mobility, aspiration and the Fair Go, while emphasizing the importance of sound economic management”.

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His 2017 book Changing Jobs: The fair go in the new machine age, co-authored with telecommunications executive Mike Quigley, argued that future governments should consider a robot tax to reduce the impact of technological unemployment.


Jim Chalmers’s salary for 2022 ranges from $162,574 to $475,483, but with bonuses, benefits and various other compensation, he made significantly more than his salary in the year 2021. However, he has also expressed positive views on the concept of a universal basic income.

In the lead-up to the 2022 election, Chalmers stated that an ALP government would not increase taxes other than on multinational corporations. His campaigning focused on the cost of living issues but also emphasized the need to work cooperatively with businesses.


Jim Chalmers is married to Laura Anderson, they had their wedding ceremony in March 2013. Their wedding was attended by Gillard and Wayne Swan among others occurred two days after an ALP leadership spill. While in attendance Gillard “convened a council of war in a specially set-aside room to frame a new ministry”. His wife is a journalist and writer who worked as a staffer to Penny Wong and Julia Gillard. The couple has three children

Jim Chalmers net worth

How much is Jim Chalmers worth? Jim Chalmers net worth is estimated at around $4 million. His main source of income is from his career as a politician. Chalmers successful career has earned him some luxurious lifestyles and some fancy car trips. He is one of the richest and influential politicians in Australia.