Media releases

2025

Foreign investment decision

Today, I have accepted the very clear and unambiguous recommendation from the Foreign Investment Review Board to block Cosette Australia Holdings Pty Ltd and Cosette Australia Bidco Pty Ltd from ac

IMF endorses Australia’s economic and budget strategy

The International Monetary Fund has today backed Australia’s budget and fiscal strategy at a time of global uncertainty.

Longest run of annual real wages growth in almost a decade

New data released by the Australian Bureau of Statistics shows that annual real wages have now grown for eight consecutive quarters.

Interest rates decision

Today the independent Reserve Bank of Australia Monetary Policy Board kept interest rates on hold at 3.60 per cent.

New legislation passes to ensure super is paid on time

Labor’s new legislation to require employers to pay their employees’ super at the same time as their salary and wages has passed Parliament.

Next stage for key road upgrades in Brisbane’s north

A major step forward in busting congestion in Brisbane’s north is underway, with a new contract awarded to deliver significant upgrades to the Gateway Motorway and Bruce Highway.

Consultation on further streamlining and strengthening the foreign investment framework

The Albanese Government is opening consultation on reforms to make our investment framework work better for investors, our economy, and our national interest.

Underlying inflation remains in target

New figures from the ABS show that underlying inflation was at the top of the target band in the September quarter.

Fitch reaffirms AAA credit rating

Joint media release with Senator the Hon Katy Gallagher

Productivity Commission inquiry into regional airfares

Today the Albanese Government released the terms of reference for the Productivity Commission Inquiry into key factors that determine regional airfares.

Treasurer inks Australia’s first tax treaty with Ukraine

The Albanese Government has signed Australia’s first ever tax treaty with Ukraine. More two‑way trade is in the interests of both Australia and Ukraine.

Meetings with investors and international counterparts in the US and South Korea

Over the next week I will travel to the United States and South Korea to meet with investors and international counterparts, including as part of G20, IMF and World Bank annual meetings and the Asi

Women and young people among the biggest beneficiaries of LISTO reforms

Our reforms to the low income superannuation tax offset will help deliver a more secure retirement for more than a million Australians, including hundreds of thousands of young people and women.

Reforms to support low-income workers and build a stronger super system

The Albanese Government is delivering more help to low‑income workers and reforming the superannuation system to make it stronger, fairer and more sustainable.

ACCC Commissioner appointment

The Albanese Government has appointed Luke Woodward as a full‑time member of the Australian Competition and Consumer Commission (ACCC) for a five‑year period.

New legislation to ensure super is paid on time

Today, the Albanese Labor Government has introduced legislation to require super to be paid on payday, a reform that will benefit the retirement incomes of millions of Australians.

Call with Indonesian Finance Minister

Today I had my first call with Indonesia’s new Finance Minister Purbaya Yudhi Sadewa, building on the strong and enduring relationship between our two countries.

Another pay rise for our aged care workers

The Albanese Labor Government is today delivering a fourth increase in award wages to the dedicated workers who provide aged care services to older Australians.

S&P reaffirms AAA credit rating

International ratings agency S&P has today reaffirmed Australia’s AAA credit rating.

Interest rates decision

Today the independent Reserve Bank of Australia Monetary Policy Board kept interest rates on hold at 3.60 per cent.