Media releases

2025

Reappointment to Board of Taxation

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 down in new inflation numbers

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

$7.2 billion in new funding from the Australian Government to fix Bruce Highway

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

2024

Implementing a minimum tax for multinationals

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

Build to Rent initial affordability standards from 1 January

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

Legal professional privilege in Commonwealth investigations discussion paper

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

2024 Population Statement

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

Next steps in ensuring the future of cash

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

New tool to streamline and better coordinate financial sector regulation

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.

Smaller deficit for 2024–25 in Mid‑Year Economic and Fiscal Outlook

Responsible economic management is the hallmark of the Albanese Government’s first term and it’s the focus of the mid‑year budget update we’ve released today.

Release of Tax Expenditures and Insights Statement

Today I have released the 2024‑25 Tax Expenditures and Insights Statement.

Appointments to the Reserve Bank’s Boards

The Albanese Government has today appointed a number of eminent Australians to the Reserve Bank’s two new boards, locking in a key reform to strengthen and modernise the central bank.

Additional $200 million to support FNQ recovery and resilience following impact of ex-Tropical Cyclone Jasper

The Albanese and Crisafulli Governments will provide more than $206 million in long‑term disaster funding to Far North Queensland communities hit hard by ex‑Tropical Cyclone (TC) Jasper as wel

New PC inquiries on the five pillars of productivity

The Albanese Government has formally tasked the Productivity Commission today with five new inquiries focused on identifying ways to materially boost Australia’s productivity.

New uni study hub model launches in Longreach

Today the Treasurer and Assistant Minister for Education opened a new Regional University Study Hub in Longreach, funded by the Albanese Labor Government.

Hervey Bay Medicare Urgent Care Clinic now open

The Albanese Government is delivering cheaper and more accessible healthcare for residents across the Fraser Coast with the opening of the Hervey Bay Medicare Urgent Care Clinic (Medicare

Commonwealth Bank to establish operations in Nauru

The Albanese Government welcomes the Commonwealth Bank of Australia’s commitment to establish banking operations in Nauru in 2025.

Logan youth organisation receives federal funding boost to support young people

The Albanese Labor Government is investing in Youth Insearch Logan to help young people stay connected to their community, school or workplace.

Official opening of the Wilbur Street Youth Centre

Logan’s first dedicated youth centre delivered jointly by the Albanese Labor Government, Queensland Government and Logan City Council is now officially up and running.

More than 30 Medicare Mental Health Centres now open to provide free mental health care

More than half of the 61 Medicare Mental Health Centres being rolled out by the Albanese Labor Government are now open and providing free mental health care to everyone who walks through the door,