Media releases

2014

NT boasts lowest jobless rate as Darwin booms on gas

The Northern Territory’s jobless rate fell to 3.3 per cent (trend) in May, the lowest in the country, as the economy benefited from significant Liquefied Natural Gas investment.

National Accounts - March Quarter 2014

The National Accounts data released today show that the Australian economy grew 1.1 per cent in the March quarter 2014 and 3.5 per cent over the year.

Labor standing in the way of $40 billion of savings

Labor is now standing in the way of nearly $40 billion of Budget savings out until 2017-18.

New Australian Government Office for NSW Central Coast

The Commonwealth Government will open a new building on the New South Wales Central Coast, for 600 Commonwealth employees, with the Australian Taxation Office leading this initiative.

Abolishing the First Home Saver Accounts Scheme

As part of the release of the 2014-15 Budget, the Government is abolishing the First Home Saver Accounts scheme using a phased approach from Budget night.

Government rolls out biggest infrastructure program

The Abbott Government will roll out the nation’s biggest infrastructure program to strengthen the economy, ease congestion, cut travel times and create thousands of new jobs.

A tax receipt for individuals

The Abbott Government will improve transparency by introducing a receipt for taxpayers that tells them where and how their taxes were used.

Rephasing superannuation guarantee

The Abbott Government will change the schedule for increasing the superannuation guarantee (SG) rate to 12 per cent to provide businesses with certainty.

The 2014-15 Budget

This Budget is part of the Abbott Government's Economic Action Strategy that will build a strong, prosperous economy and a safe, secure Australia.

Response to Productivity Commissions’ report

Australian and New Zealand Governments will improve the strong trans-Tasman economic relationship through their response to a report by their two Productivity Commissions.

Simpler tax returns

The Coalition will introduce new and simpler tax returns that will allow people to lodge their tax return through a smartphone, tablet or computer using their web browser.

Release of the National Commission of Audit report

The National Commission of Audit report we release today shows that the spending trajectory we inherited from Labor is unsustainable and needs to be addressed.

Signing of Tax Agreement with the United States

Australia and the United States have today signed an intergovernmental agreement (IGA) to reduce the burden on Australian financial institutions in complying with the United States’ Foreign Account

Commission of Audit Media Lock-up

The National Commission of Audit will be released on 1 May 2014 at 2pm.

Deepening financial ties with China

Australia and China have agreed to enhance offshore market development of the Renminbi (RMB), China’s currency.

Statement on the death of Jim Flaherty

On behalf of the G20 Finance Ministers and Central Bank Governors I would like to note with great sadness the passing of former Canadian Finance Minister Jim Flaherty.

Statement on the conclusion of the G20 Finance Ministers and Central Bank Governors Meeting in Washington

The G20 meeting in Washington DC has taken steps towards delivering on our 2 per cent Sydney growth ambition, which can deliver over $2 trillion in extra global GDP and millions of new jobs for our

2014-15 Budget media lock-up

At 7:30pm on Tuesday 13 May 2014, the Treasurer will deliver the 2014-15 Budget in the House of Representatives.

Treasurers agree to boost infrastructure

Today, I agreed with State and Territory Treasurers to discuss a critical driver of the country’s future prosperity – the need to increase the stock of productivity-enhancing infrastructure to boos

Financial System Inquiry

Appointment of International Advisory Panel

Today I announce the appointment of four internationally eminent business people to an advisory panel to support the Financial System Inquiry.