Media releases


Key cost-of-living policies help drive moderation in monthly inflation

Today’s Monthly Consumer Price Index Indicator shows inflation moderated to 4.9 per cent in the 12 months to October, down from 5.6 per cent in September.

New Deputy Governor of the Reserve Bank of Australia

The Albanese Government has appointed Andrew Hauser as Deputy Governor of the Reserve Bank of Australia (RBA) for a five‑year term.

Strengthening and modernising the Reserve Bank

The Albanese Government will this week introduce legislation to Parliament to reform, strengthen and modernise the Reserve Bank of Australia (RBA).

Streamlining financial reporting architecture

The Albanese Government will restructure the nation’s financial reporting bodies to make them more efficient, effective and fit for purpose, including to assist Australia in implementing new climat

Consultation on merger reform

The Albanese Government is reviewing merger rules and processes to ensure they support competitive markets, economic dynamism, and better outcomes for the Australian people.

Legislating the objective of superannuation

The Albanese Government is moving to enshrine an objective of superannuation in legislation as part of its agenda to strengthen and maximise the benefits of the nation’s super system.

Wages grow faster than inflation in September quarter

New ABS data today shows real wages increased 0.1 per cent in the September quarter, the second consecutive quarterly increase.

APEC Finance Ministers’ Meeting

On Sunday 12 and Monday 13 November I’ll participate in the Asia-Pacific Economic Cooperation (APEC) Finance Ministers’ Meeting in the United States.

Refocusing and renewing the Productivity Commission

The Albanese Government today releases the first

Albanese Government’s budget management helping fight inflation

The Albanese Government’s economic management has been strongly endorsed in a new independent assessment that says the budget is helping to fight inflation.

New steps on the Albanese Government’s sustainable finance strategy

The Albanese Government is today releasing a consultation paper on its Sustainable Finance Strategy, which will help Australian companies, investors and the Australian community make the most of th

More responsible cost-of-living relief to roll out in November

The Albanese Government’s 10‑point cost‑of‑living plan ramps up today, with billions of dollars of cost‑of‑living relief being rolled out to Australian households and small businesses in November –

$88.2 million Mount Morgan pipeline project to commence with Albanese Government support

The Federal and Queensland Labor Governments and the Rockhampton Regional Council Governments are jointly funding the Mount Morgan Water Supply Pipeline Project The Pipeline will del

Appointments to Competition Taskforce Advisory Panel

The Albanese Government has appointed seven experts in business, government, law and economics to advise on competition policy settings to build a more dynamic and productive economy.

Annual inflation continues to moderate

Today’s September quarter Consumer Price Index shows annual inflation moderated to 5.4 per cent from six per cent in the previous quarter in the face of intensifying global volatility.

Statement on the passing of Bill Hayden

Bill Hayden was the selfless servant of the Australian people, and our Party. He was humble and grounded, responsible and respected, a wonderful Queenslander and Australian.

ACCC to monitor Australia's air passenger services

The Albanese Government will direct the Australian Competition and Consumer Commission (ACCC) to monitor domestic air passenger services to help ensure Australians see the benefits of a competitive

Strengthening multinational tax integrity

The Albanese Government is progressing work to tighten multinational tax loopholes, increase transparency and ensure multinationals pay their fair share of tax in Australia.

Regulation of digital and crypto assets

The Albanese Government is outlining the next steps in its approach to regulating crypto and digital assets to protect consumers, support innovation and provide industry certainty.

Australia climbs global league table for budget management

The Albanese Government’s responsible budget strategy has seen Australia move up the global league table for fiscal management, according to figures released overnight by the International Monetary