Media releases

Today we have released the interim report of the Food and Grocery Code of Conduct independent review, commissioned by the Albanese Government.

The Albanese Government will help improve the health of premature babies in Brisbane and Queensland through a $2 million contribution to the Channel Nine Telethon supporting Mater Little Miracles.

The Albanese Labor Government has recommended the Fair Work Commission ensures the real wages of Australia’s low‑paid workers do not go backwards.

The Albanese Government will today introduce legislation to maximise the economic opportunities of cleaner, cheaper and more reliable energy and strengthen Australia’s financial system.

The Albanese Government is taking the next steps to ensure multinational companies pay their fair share of tax.

The Albanese Government will consult on the next component of regulations to improve the certainty and integrity of the Petroleum Resource Rent Tax regime, as recommended in the Gas Transfer Pricin

Today Treasurers agreed to work together to identify possible cost‑of‑living competition reforms that could be progressed through our revamp of National Competition Policy.

The Albanese Government will introduce a financial sector regulatory initiatives grid to make sure the standard business of regulation is carried out in a more coordinated way.

The Albanese Labor Government will abolish almost 500 nuisance tariffs from 1 July this year.

The Albanese Government is consulting on options to improve the superannuation performance test to deliver a dignified retirement for more Australians.

The Albanese Labor Government will continue its historic reform of Paid Parental Leave (PPL) and will pay superannuation on the Government payment from 1 July 2025.

Today’s National Accounts show Australia’s growth is subdued but steady in the face of higher interest rates, high but moderating inflation and ongoing global uncertainty.

Today’s Monthly Consumer Price Index Indicator shows annual inflation of 3.4 per cent in the 12 months to January 2024.

The Albanese Labor Government’s cost‑of‑living tax cuts today passed the Senate.

This week I will join international counterparts in Brazil as part of the G20 Finance Ministers and Central Bank Governors meetings in Sao Paulo.

Today I met with New Zealand’s Minister for Finance the Hon Nicola Willis MP for a productive discussion on a range of shared economic priorities.

Australia has recorded a return to annual real wages growth faster than expected, according to the Wage Price Index released by the Australian Bureau of Statistics today.

The Australian Competition Tribunal has found the acquisition of Suncorp Bank by ANZ Group Holdings Ltd meets the criteria of the Competition and Consumer Act 2010.

International ratings agency S&P has once again reaffirmed Australia’s AAA credit rating, joining the growing group of respected voices endorsing the Government’s responsible economic managemen

The Albanese Government has today introduced legislation to adjust the foreign investment framework to help boost Australia’s housing stock and provide more homes for Australians.