Media releases

Today the independent Reserve Bank of Australia Board decided to lower the cash rate by 25 basis points to 4.10 per cent. This is very welcome news for millions of Australians.

The Albanese Government will ban foreign investors from buying established homes for at least two years and crack down on foreign land banking.

Financial regulators will update their guidance to make it easier for Australians with a HELP debt to responsibly take out a mortgage and buy a home, and also unlock the construction of more units,

The Albanese Government has secured commitments from the banks to ensure banking services remain available in the regions.

The Albanese Labor Government has today updated the Aboriginal and Torres Strait Islander Act 2005 (ATSI Act) to support greater investment in First Nations businesses and commun

Peak resources industry bodies have thrown their support behind Labor’s production tax incentives, encouraging members of Parliament and senators to back the Albanese Government’s legislation curre

The Albanese Government has tasked the Productivity Commission with a review into the mental health and suicide prevention system to deliver better mental health care and support for Australians.

I want to pay tribute to my friend Stephen Jones, who has announced today that he will not be contesting the next election.

Underlying inflation is at its lowest in three years according to new figures released by the Australian Bureau of Statistics today.

The Albanese Government is taking action to raise the bar for member service in superannuation by introducing mandatory and enforceable service standards for all large APRA‑regulated superannuation

The Albanese Government is streamlining Australia’s financial reporting bodies to help build a more competitive, dynamic and productive economy.

The Albanese Government has reappointed Ms Andrea Laing as a part‑time member to the Board of Taxation (BoT) for a three‑year term until 20 October 2027.

Underlying inflation moderated in November with the Trimmed Mean Measure falling to 3.2 per cent, down from 3.5 per cent.

Queenslanders deserve a long term plan for essential infrastructure, and the Albanese Government is delivering that certainty as we build Australia’s future.

The Albanese Government is continuing to take action so that multinationals pay their fair share of tax in Australia.

Today the Albanese Government has taken steps to establish an initial set of affordability standards for Build to Rent developme

The Albanese Government is today releasing a discussion paper on the use of legal professional privilege claims in Commonwealth inves

Today I have released the Centre for Population’s 2024 Population Statement providing updated and comprehen

The Albanese Government is taking action so Australians can continue to pay with cash for essential items if they want to or need to.

The Albanese Government has today released a new tool to better streamline and coordinate regulation in the financial sector to help build a more competitive, dynamic and productive economy.