Media releases
2025
The fifth Strategic Economic Dialogue between the People’s Republic of China and Australia
Today, I co‑chaired the fifth Australia‑China Strategic Economic Dialogue with Chairman Zheng Shanjie of China’s National Development and Reform Commission (NDRC).
Consultation on better targeted superannuation concessions changes
Today the Albanese Government is releasing draft legislation on reforms to boost the superannuation savings of low‑income workers and make superannuation tax concessions fairer and more sustainable
Release of Tax Expenditures and Insights Statement
Today I have released the 2025–26 Tax Expenditures and Insights Statement.
2025–26 MYEFO delivers a stronger budget
Joint media release with Senator the Hon Katy Gallagher, Minister for Finance, Minister for the Public Service, Minister for Government Services
Commonwealth overrules exclusion clauses for Bondi attack insurance claims
Today, we have declared Sunday’s Bondi attack a terrorist incident for the purposes of the Terrorism and Cyclone Insurance Act 2003, based on advice from relevant agencies and followi
Mandating cash acceptance
We’re delivering on our commitment to mandate cash acceptance for essential purchases by finalising regulations that require fuel and grocery retailers to accept cash from 1 January 2026.
Banning supermarket price gouging to protect Australian shoppers
The Albanese Labor Government has made new regulations to ban supermarket price gouging.
Electric Car Discount review
Joint media release with the Hon Chris Bowen MP, Minister for Climate Change and Energy.
Foreign investment decision
Today I have agreed to the clear recommendation from the Foreign Investment Review Board to not object to Hanwha’s proposal to increase its shareholding in Austal Limited from 9.9 per cen
Backing Tasmania with big investment in Australian Antarctic research
The Albanese Labor Government will expand Australia’s Antarctic Program and create jobs and opportunities in Tasmania.
Helping motorists save at the bowser
We have directed the Australian Competition and Consumer Commission to extend its fuel price monitoring program for an extra five years.
Interest rates decision
Today the independent Reserve Bank of Australia Monetary Policy Board kept interest rates on hold at 3.60 per cent as expected.
ACCC Commissioner appointments
Joint media release with the Hon Andrew Leigh MP; Assistant Minister for Productivity, Competition, Charities and Treasury.
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.