Australia upbeat on global tax talks at G20 in India

Workers work to install a hoarding board near the venue of G20 Finance Ministers and Central Bank Governors meeting at Gandhinagar in Gujarat, India July 13, 2023. REUTERS/Amit Dave

SYDNEY (Reuters) - Australian Treasurer Jim Chalmers expressed optimism on Saturday about progress on a long-awaited overhaul of global corporate taxation at a meeting of Group of 20 (G20) nations in India.

"There's been progress made over the years and we want to advance that progress further," Chalmers told ABC television, referring to the meeting Monday and Tuesday of G20 finance ministers and central bankers.