Media releases

The Albanese Labor Government will deliver the most meaningful and significant overhaul to the way Australia tackles entrenched disadvantage in our nation’s history – partnering with philanthropist

The Albanese Government’s second Budget will help to unlock Australia’s potential as a renewable energy superpower with significant investments in clean energy industries and jobs.

The Albanese Labor Government is increasing working‑age and student payments and Commonwealth Rent Assistance, as part of the Budget’s $14.6 billion cost‑of‑living package.

The Albanese Government’s second Budget is ensuring Australia can reach its potential as a renewable energy superpower, with $2 billion for a new Hydrogen Headstart program to scale up dev

The Albanese Government is taking action to drive down household and business energy costs and make homes and businesses cheaper to run.

The 2023‑24 Budget continues the Albanese Government’s work to strengthen the nation’s finances while laying the foundations for a stronger, fairer and more resilient economy into the future.

The Albanese Government’s 2023‑24 Budget addresses the immediate challenges Australians are facing, better shares the opportunities in our society and builds a stronger and more secure economy.

The Albanese Government will introduce changes to the Petroleum Resource Rent Tax (PRRT) to deliver a fairer return to the Australian community from their natural resources.

The Albanese Government will require super to be paid on payday, a reform that will benefit the retirement incomes of millions of Australians.

Small business operators will be front and centre in next month’s Budget with a new tax incentive to help propel their energy transformation.

The latest ABS data confirms that inflation has passed its peak and is beginning to moderate. 

The Albanese Government is today releasing for final consultation the mandatory code of conduct (Gas Code) to secure more gas at reasonable prices for Australian consumers.

Today the Albanese Government’s second Investor Roundtable was held in Brisbane – providing a platform for governments, investors, banks, global asset managers and superannuation funds to work toge

The Albanese Government has appointed Dr Iain Ross AO and Ms Elana Rubin AM as part‑time members of the Reserve Bank Board, each for a five‑year term.

Today I am releasing the Review of the Reserve Bank of Australia, the first external review of our central bank and the operation of monetary policy in four decades.

The Albanese Government is today releasing the first report of the interim Economic Inclusion Advisory Committee.

Today I will depart for the G20 Finance Ministers’ and Central Bank Governors’ Meeting and IMF - World Bank 2023 Spring Meetings in Washington DC.

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 Labor Government is moving to protect more workers from underpayment of superannuation contributions.

We mourn the passing of John Kerin and honour his vast contribution to our country.