Media releases

2026

Nominations to the World Bank and International Monetary Fund

The Albanese Government will nominate Amanda Sayegh for appointment as the Executive Director at the International Monetary Fund and Ruth Moore for appointment as the Alternate Executive Director a

Cash distribution services regulation passes the Parliament

The Parliament has today passed legislation to help secure the sustainable distribution of cash in Australia.

Legislation to strengthen the tax system passes the House

The Albanese Labor Government’s legislation to strengthen the tax system has passed the House of Representatives with amendments to extend further transitional support for renewable infrastructure.

Next Tranche of Tax Reforms Pass the Parliament

The Albanese government has delivered more of our ambitious tax reform agenda with the second tranche of legislation passing the Senate today.

12 months of economic reform

Today marks one year since the Economic Reform Roundtable brought together leaders from across the country to shape the long‑term economic future of Australia.

Wages continue to grow under Labor

New data released by the ABS today shows real wages grew in the June quarter and annual nominal wages have now grown above three per cent for all four years under this Labor Governme

Moody’s reaffirms AAA credit rating

The international ratings agency Moody’s has reaffirmed Australia’s AAA credit rating.This is another welcome endorsement of the Government’s responsible economic management.

Appointment to Reserve Bank Monetary Policy Board

The Albanese Government has appointed Melinda Cilento as a part‑time member of the Reserve Bank of Australia Monetary Policy Board, for a five year term from 1 September 2026.

Full time earnings increase again under Labor

New data from the Australian Bureau of Statistics shows average weekly full‑time earnings have now increased by more than $300 per week since the Albanese Government was elected.

Reserve Bank decision

Today the Reserve Bank’s Monetary Policy Board held interest rates steady at 4.35 per cent.This will come as a relief to Australians with a mortgage.

S&P Global reaffirms AAA credit rating

International ratings agency S&P Global has just re‑affirmed Australia’s AAA credit rating.

Consultation on next tranche of tax reform legislation

The Albanese Government is releasing exposure drafts of the Treasury Laws Amendment (Tax Reform No. 3) Bill 2026 and related materials for consultation.

Another record number of companies created in July

New ASIC numbers show that a new record has been set for the number of new companies registered last month.

Funding doubled for Logan Medicare Mental Health Centre

The Albanese Government is more than doubling funding for the Logan Medicare Mental Health Centre to provide expanded access to mental health care in the local community.

New inflation figures

New data from the Australia Bureau of Statistics shows headline inflation moderated in both monthly and quarterly terms and monthly trimmed mean was steady.

Record new businesses created in June

New ASIC numbers out this week show more new companies were registered in June than in any other month since these records first began in 1999.

New Statements of Expectations for APRA and ASIC to focus more on growth

The Albanese Government is today releasing new Statements of Expectations for the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC).

Consultation on discretionary trusts reform implementation

The Government is today releasing a consultation paper on the implementation of the minimum tax on discretionary trusts.

Deputy Chair appointments to the Australian Prudential Regulation Authority

The Albanese Government will recommend to the Governor‑General that Therese McCarthy Hockey and the Hon David Bradbury be appointed as Deputy Chairs of the Australian Prudential Regulation Authorit

Government introduces legislation to regulate cash distribution services

The Albanese Government has today introduced legislation to help secure the sustainable distribution of cash in Australia.