Media releases
2025
Strengthening trans-Tasman climate and economic collaboration
Australia and New Zealand have agreed to new measures to help unlock the golden economic opportunities of the net zero transformation and streamline and modernise regulation.
Australia–New Zealand 2+2 climate and finance dialogue joint statement
The Hon Nicola Willis, Minister of Finance and Minister for Economic Growth and the Hon Simon Watts, Minister of Climate Change and Minister for Energy, welcomed the Hon Dr Jim&
2+2 Climate and Finance Dialogue with New Zealand
We will travel to New Zealand today to meet our counterparts in Auckland to strengthen climate action, clean energy cooperation and regulatory alignment between Australia and New Zealand.
National accounts September quarter 2025
Today’s National Accounts show an uptick in annual economic growth and a stronger and broader private sector recovery.
Treasurers agree reforms to increase competition and boost productivity
Today, I convened a meeting of state and territory Treasurers to advance key reforms to modernise Australia’s economy.
Instant asset write‑off passes the Senate
Joint media release with the Hon Dr Anne Aly MP, Minister for Small Business, and the Hon Dr Andrew Leigh MP, Assistant Minister for Productivity, Competition, Charities and Treasury.
New digital asset laws to unlock innovation and safeguard investment
The Albanese Government has introduced new legislation to the Parliament to help unlock innovation and protect Australians investing in digital assets.
Release of complete monthly Consumer Price Index
New figures from the Australian Bureau of Statistics showed prices were steady in October but ticked up in annual terms.
Foreign investment decision
Today, I have accepted the very clear and unambiguous recommendation from the Foreign Investment Review Board to block Cosette Australia Holdings Pty Ltd and Cosette Australia Bidco Pty Ltd from ac
IMF endorses Australia’s economic and budget strategy
The International Monetary Fund has today backed Australia’s budget and fiscal strategy at a time of global uncertainty.
Longest run of annual real wages growth in almost a decade
New data released by the Australian Bureau of Statistics shows that annual real wages have now grown for eight consecutive quarters.
Interest rates decision
Today the independent Reserve Bank of Australia Monetary Policy Board kept interest rates on hold at 3.60 per cent.
New legislation passes to ensure super is paid on time
Labor’s new legislation to require employers to pay their employees’ super at the same time as their salary and wages has passed Parliament.
Next stage for key road upgrades in Brisbane’s north
A major step forward in busting congestion in Brisbane’s north is underway, with a new contract awarded to deliver significant upgrades to the Gateway Motorway and Bruce Highway.
Consultation on further streamlining and strengthening the foreign investment framework
The Albanese Government is opening consultation on reforms to make our investment framework work better for investors, our economy, and our national interest.
Underlying inflation remains in target
New figures from the ABS show that underlying inflation was at the top of the target band in the September quarter.
Fitch reaffirms AAA credit rating
Joint media release with Senator the Hon Katy Gallagher
Productivity Commission inquiry into regional airfares
Today the Albanese Government released the terms of reference for the Productivity Commission Inquiry into key factors that determine regional airfares.
Treasurer inks Australia’s first tax treaty with Ukraine
The Albanese Government has signed Australia’s first ever tax treaty with Ukraine.
More two‑way trade is in the interests of both Australia and Ukraine.
Meetings with investors and international counterparts in the US and South Korea
Over the next week I will travel to the United States and South Korea to meet with investors and international counterparts, including as part of G20, IMF and World Bank annual meetings and the Asi