Media releases

The Government has passed the Treasury Laws Amendment (Mergers and Acquisitions Reform) Bill 2024 through the House of Representatives.

The Albanese Government will modernise the nation’s sovereign wealth fund, building on its success to ensure it can play an enduring and prominent role in our economy.

The Albanese Government is taking action to reform the retirement phase of superannuation so the system delivers a better retirement for more Australians.

The Albanese Government is taking action so Australians can continue to pay with cash for essential items if they want to, while also ensuring an orderly transition to phase out cheques.

New data released by the ABS today shows that real wages have now grown for four consecutive quarters under the Albanese Labor Government.

New figures from the ABS show that headline inflation at 2.8 per cent is now the lowest it has been in almost four years.

The Albanese Labor Government is co‑investing alongside philanthropy to develop a national, independent, not‑for‑profit organisation dedicated to supporting the needs and aspirations of local commu

The Albanese Government’s responsible budget strategy has seen Australia become one of the top ranked economies in the world for fiscal management in 2024, according to figures released by the Inte

I will join key economic ministers and central bank governors from the world’s most significant economies at the G20, International Monetary Fund and World Bank annual meetings over the coming days

Under the Albanese Government, more Australians are working, earning more and keeping more of what they earn, with today’s ABS Labour Force figures showing well over a million jobs (1,039,

The Albanese Government is delivering Bendigo better access to free, high‑quality health care, with a new Medicare Urgent Care Clinic now open.

Today the Government will introduce landmark reforms to Parliament to overhaul Australia’s merger rules, another big step towards further boosting competition and productivity in our economy.

The Albanese Government has reappointed Dr David Gruen AO as the full‑time Australian Statistician to the Australian Bureau of Statistics (ABS) for a further five years, beginni

A new provider of clearing and settlement services has emerged following the passage of the Albanese Government’s new legislation to improve competition in financial markets, with news ASIC has app

The Final Budget Outcome for 2023–24 shows the Albanese Government’s responsible economic management has delivered a second consecutive budget surplus.

Over the next two days, I will meet with key Chinese counterparts in Beijing. This is another important step towards stabilising our economic relationship with China.

New figures today show that underlying inflation has moderated substantially to its lowest level in more than thirty months and headline monthly inflation moderated substantially by 0.8 percentage

More relief is rolling out to more people from today, including the first back‑to‑back increase to Commonwealth Rent Assistance in more than 30 years and indexation of pensions and payments op

An extra 47,500 jobs have been created in the last month, with the Albanese Government continuing to oversee the largest increase in employment in a single parliamentary term in Australia’s history

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