Media releases

Today, the Treasurer, Chris Bowen MP, and the Minister for Finance and Deregulation, Senator Penny Wong, released the Government's Economic Statement, detailing the short and medium‑term economi

The Government will introduce staged 12.5 per cent increases in tobacco excise over the next four years to battle smoking-related cancer and help return the Federal Budget to surplus in 2016-17.

The updated draft legislation for the third and final element of the Investment Manager Regime was today released for consultation.

The Rudd Labor Government will make no major changes to superannuation tax policy for five-year periods, promoting confidence and stability in the superannuation system.

The Rudd Labor Government is implementing its comprehensive package of Stronger Super reforms, ensuring Australia's superannuation system is sustainable and robust.

The unprecedented announcement today that the Coalition will not base its election costings on Treasury and Finance's independent Pre-Election Economic and Fiscal (PEFO) outlook will leave Australi

Today's consumer price index data release shows that inflation remains well contained.

Today, Australia and Britain have agreed a shared agenda to combat tax avoidance and evasion.

Today, the global credit rating agency Standard and Poor's (S&P) released its annual review of Australia's sovereign credit rating.

The Rudd Government is terminating the carbon tax and moving to a floating price a year earlier, giving cost of living relief to millions of Australians.

Australian households will benefit from a reduction in the cost of living worth around $380 to an average household next financial year after the nation moves to a floating price on carbon emissi

The Federal Government's Small Business Superannuation Clearing House has now distributed more than $1 billion in superannuation payments on behalf of small business owners across the country.

The IMF's latest World Economic Outlook (WEO) serves to highlight the resilience of the Australian economy as a standout performer in a subdued global economic environment.

I am pleased to announce the appointment of Greg Smith as the part-time Chairperson of the Commonwealth Grants Commission for a five-year period from 1 July 2013, and the appointment of Alan Hender

The Treasurer, Chris Bowen MP, today welcomed Moody's confirmation of Australia's AAA credit rating with a stable outlook.

Today I announce the appointment of Ms Helen Rowell as a Member of the Australian Prudential Regulation Authority, for a term of five years from 1 July 2013.