Media releases


Chair of the Board of Taxation

The Albanese Government has reappointed Ms Rosheen Garnon as the Chair of the Board of Taxation for a three-year period until 25 March 2026.

ACCC Deputy Chair appointment

The Albanese Government will reappoint Mick Keogh OAM as a Deputy Chair of the Australian Competition and Consumer Commission (ACCC) for a further five years from 30 May.

Chair of the Productivity Commission

Michael Brennan has advised the Government he will not seek reappointment as Chair of the Productivity Commission.

Stronger wages growth under Labor

New numbers today show more sustained and stronger wages growth under the Albanese Labor Government.

Australia's AAA credit rating affirmed following Federal Budget

The Albanese Government’s responsible Budget has been endorsed by Fitch Ratings, which has affirmed Australia’s triple‑A credit rating.

Energy rebates to ease pressure on households and small businesses

More than five million households and one million small businesses will be eligible for Energy Price Relief Rebates from July 1, as part of the Albanese Labor Government’s responsible and targeted

Cost­-of-­living relief in Labor's 2023-24 Budget

The centrepiece of the Albanese Labor Government’s second Budget is a $14.6 billion cost‑of‑living package over four years that will ease pressure on Australians while putting downward pressure on

Budget empowers local leaders to tackle disadvantage

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

Budget boosts Australia's transformation to a renewables superpower

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.

Boosting support payments to help with cost-­of-­living pressures

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.

Hydrogen Headstart to power new jobs & industry

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

Helping Australians save energy, save on energy bills

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

A responsible Budget in uncertain times

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.

Stronger foundations for a better 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.

Changes to the Petroleum Resource Rent Tax

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.

Introducing payday super

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 Energy Incentive

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

New figures confirm inflation has passed its peak

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

New code of conduct to secure more gas at reasonable prices for Australians

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.

Investor Roundtable aligns efforts to deliver cleaner, cheaper energy

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