Media releases

The Albanese Government is providing $65 million to investigate and progress planning for Northern Water – a project which could deliver desalinated water to support renewable industries and develo

Annual real wages are now growing even more strongly after falling dramatically under the former government.

This is a responsible and restrained Budget which eases cost of living pressures and invests in a Future Made in Australia.

The Budget forecasts the first back‑to‑back surpluses in nearly two decades.

The Albanese Labor Government will invest in a Future Made in Australia plan to bring new jobs and opportunities to communities in every part of our country.

Helping Australians with the cost of living is our Government’s number one priority.

The Albanese Labor Government will provide a $300 energy bill rebate to every household and additional energy bill relief to small businesses as part of the responsible cost of living help in the B

The Albanese Labor Government is delivering a tax cut for every taxpayer because we want hardworking Australians to keep more of what they earn.

The Albanese Labor Government will establish a new front door for investors with major, transformational investment proposals to make it simpler to invest in Australia and attract more global and d

The Albanese Labor Government will make significant new housing investments in next week’s Budget to help deliver our comprehensive Homes for Australia plan.

The Albanese Government is investing an extra $467 million in the Bruce Highway through the Budget to improve the safety and capacity of the Queensland’s major north‑south road link.

Today’s decision by the independent Reserve Bank means by the time the board next meets we will be approaching eight months since interest rates went up.

The Albanese Government will reform and renew our foreign investment framework to make it work better for investors, our economy, and our national interest.

Today we are releasing the Economic Inclusion Advisory Committee’s second report as well as a progress update on the Albanese Government’s actions to tackle disadvantage in our community.

New data shows inflation has now almost halved since the Albanese Labor Government came to office. It’s still too high, people are still under the pump, but we’re making progress.

Australia will extend tariff relief as part of its support for Ukraine and its people in response to Russia’s brutal full-scale invasion.

Australia has achieved a remarkable improvement in a global ranking of budget positions, according to the latest figures from the International Monetary Fund.

This week I will join my international counterparts for the G20 Finance Ministers’ and Central Bank Governors’ Meeting and the IMF – World Bank 2024 Spring Meetings in Washington DC.

The Albanese Government will reform Australia’s merger rules to boost competition and productivity in our economy.

The Albanese Government is working to boost the construction of rental housing as part of its broad and ambitious plan to build more homes in Australia.