The government has called an election and is now in caretaker
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Media releases
2025
Headline and underlying inflation fall in February
New figures show that headline and underlying inflation fell last month.
Cracking down on non-compete clauses to boost wages and productivity
The Albanese Government is taking action to stop unfair non‑compete clauses that are holding back Australian workers from switching to better, higher‑paying jobs.
New cost of living tax cuts under Labor
The Albanese Government will deliver two more tax cuts to every Australian taxpayer in 2026 and 2027, adding to the first round that Labor delivered in July last year.
Responsible economic and fiscal management
The Albanese Government is building a stronger economy and stronger Budget, with smaller deficits and much lower debt than we inherited.
More energy bill relief for every Australian household and for small business
The Albanese Labor Government will provide another $150 in Energy Bill Relief, extending our energy rebates until the end of 2025.
Building Australia’s future
This is a responsible Budget that helps with the cost of living, while Building Australia’s Future.
Building a stronger economy
The Albanese Labor Government is securing Australia’s future during a time of global uncertainty by making our economy more productive and more resilient.
Responsible cost-of-living help
Cost of living is front of mind for most Australians, and front and centre in the Budget.
National licensing for electrical trades
The Albanese Government will work with states, territories, businesses and unions to design a national licensing scheme for electrical trades people.
Cracking down on the supermarkets to get a better deal for Australians
The Albanese Labor Government has today released the
Next steps in developing an innovative digital asset industry
The Albanese Government is developing a fit for purpose digital asset regime to help build a more dynamic and competitive economy.
Unemployment remains low under Labor
Low unemployment has continued under the Albanese Government, according to ABS Labour Force figures for February released today.
Delivering on a streamlined and strengthened foreign investment framework
New Treasury data shows that the Albanese Government’s reforms to streamline and strengthen our foreign investment framework are already delivering results.
Partnering with investors to create jobs for disadvantaged Australians
The Albanese Government is partnering with investors and philanthropic organisations to enhance access to capital for social enterprises that provide jobs for disadvantaged Australians.
Productivity Commission appointment
The Government has agreed to recommend to the Governor‑General, Her Excellency the Honourable Sam Mostyn AC, the appointment of Dr Angela Jackson as a full‑time Social Policy Co
Appointment – Chair of Commonwealth Grants Commission
The Government has agreed to recommend to the Governor‑General, Her Excellency the Honourable Sam Mostyn AC, that Mr Michael Callaghan AM PSM be reappointed as part‑time Chairpe
Appointment to the Future Fund Board
The Albanese Government has appointed Jim Craig as a member of the Future Fund Board of Guardians for a five‑year term.
Qatar Airways’ stake in Virgin Australia
Today I am announcing that Qatar Airways Group’s (Qatar Airways) acquisition of a 25 per cent interest in Virgin Australia can proceed subject to enforceable conditions.
Meeting with Secretary of the Treasury of the United States
Tonight, I will fly to Washington, D.C. Once there, I plan to meet with the U.S. Secretary of the Treasury Scott Bessent.
More Australians in a job than ever before
Today’s jobs numbers for January show the number of employed people in Australia reaching a record high of 14,634,300, with 64.6 per cent of the working age population now in a job and th