Jim Chalmers cast his Wednesday National Press Club speech as a second instalment in a two-part presentation that was kicked off by the prime minister in an address there last week.

But it didn’t sound like that at all. In fact, the two performances were chalk and cheese. Albanese’s contribution was cautious, showing no inclination to splash too much of the political capital amassed from a huge election win. The prime minister looks to a legacy of Labor’s longevity in government, and extols a measured and steady style.

In contrast, Chalmers on Wednesday came across as a man on a mission, anxious to seize this term to do bigger things, because no matter how large the majority, you never know what the future holds. And that’s apart from his ambition to ascend to the top rung of the political ladder.

Albanese announced a roundtable in August to discuss productivity; in elaborating on it, Chalmers put the hot button issue of tax reform prominently on the table.

The treasurer believes the community is up for significant economic reforms, if the changes are crafted and sold the right way and if sufficient of that elusive political grape, “consensus”, can be harvested and bottled. He’s also willing to stretch or exceed the electoral mandate Labor won on May 3. Remember, it was Chalmers who wanted to break the Stage 3 tax cut........

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