Media releases
2023
Working Future – White Paper on jobs and opportunities
The Albanese Government today releases the
Final Budget Outcome shows first surplus in 15 years
The Final Budget Outcome for 2022‑23 [PDF 2.6MB] shows t
Australia's economic management receives strong endorsement
Australia has today received a resounding endorsement of its responsible economic and budget management.
Consultation begins on new laws to improve tax integrity
The Albanese Government is taking a strong stance against blatant misconduct in our tax advice industry and has today released draft legislation designed to strengthen our tax system and give great
New legislation to promote more competition in financial markets
The Albanese Government has today passed legislation to improve competition in the trading of shares and other securities as part of important reforms to strengthen Australia’s financial system and
Appointment of Productivity Commission Chair
The Albanese Government will recommend to the Governor General that Danielle Wood be appointed as the next Chair of the Productivity Commission for a term of five years.
National Accounts – June quarter 2023
The National Accounts show the Australian economy remaining sturdy in the face of unrelenting pressure.
Monthly CPI shows inflation continues to moderate
The ABS’s monthly CPI indicator rose 4.9 per cent in the 12 months to July, the lowest outcome since February 2022.
Australian Securities and Investment Commission appointments
The Albanese Government has appointed Simone Constant, Alan Kirkland and Katherine O’Rourke as full-time members of the Australian Securities and Investment Commission for a term of five years.
A more dynamic and competitive economy
The Albanese Government is undertaking a review of competition policy settings to help build a more dynamic and productive economy.
Solid wages growth in June quarter
New figures today confirm solid wages growth under the Albanese Labor Government.
Government taking decisive action in response to PwC tax leaks scandal
The Albanese Government will oversee the biggest crackdown on tax adviser misconduct in Australian history.
ACCC decision on ANZ acquisition of Suncorp Bank
The Australian Competition & Consumer Commission has decided not to grant authorisation to ANZ Group Holdings Ltd to acquire Suncorp Bank.
Payments System Board appointments
The Albanese Government has appointed Dr Michelle Deaker and Professor Ross Buckley, and reappointed Ms Gina Cass‑Gottlieb as part‑time members to the Payments System Board of the Reserve Bank of A
New figures show inflationary pressures are easing
Today’s figures from the ABS show the price pressures in our economy continue to moderate in welcome ways.
New Chair of the Productivity Commission
Today Cabinet has agreed to recommend the Governor‑General appoint Chris Barrett as the new Chair of the Productivity Commission, for a term of five years.
Release of national wellbeing framework
The Albanese Government is today releasing Measuring What Matters, Austr
G20 meeting in Gandhinagar, India
This week I will join international counterparts in India as part of the G20 Finance Ministers and Central Bank Governors meetings in Gandhinagar.
New Governor of the Reserve Bank of Australia
The Albanese Government has appointed Michele Bullock as the ninth Governor of the Reserve Bank of Australia (RBA) for a seven‑year term beginning on 18 September 2023.
Finalised gas code delivers for Australians
The Albanese Government’s Mandatory Gas Code of Conduct is now law.
This will secure more gas at more reasonable prices for Australian gas users.