Media releases

Today I met with New Zealand’s Minister for Finance the Hon Nicola Willis MP for a productive discussion on a range of shared economic priorities.

Australia has recorded a return to annual real wages growth faster than expected, according to the Wage Price Index released by the Australian Bureau of Statistics today.

The Australian Competition Tribunal has found the acquisition of Suncorp Bank by ANZ Group Holdings Ltd meets the criteria of the Competition and Consumer Act 2010.

International ratings agency S&P has once again reaffirmed Australia’s AAA credit rating, joining the growing group of respected voices endorsing the Government’s responsible economic managemen

The Albanese Government has today introduced legislation to adjust the foreign investment framework to help boost Australia’s housing stock and provide more homes for Australians.

Today the Albanese Government has introduced legislation to implement our cost‑of‑living tax cuts for middle Australia.

The Albanese Government has formally issued a direction to the Australian Competition and Consumer Commission to investigate pricing and competition in the supermarket sector to ensure Australians

Today I have released the 2023‑24 Tax Expenditures and

The Consumer Price Index further moderated to 4.1 per cent in the year to the December quarter 2023, down from 5.4 per cent in the September quarter.

The Albanese Government has appointed the Hon Greg Combet AM as Chair of the Future Fund Board of Guardians for a five‑year term.

The Albanese Government will direct the Australian Competition and Consumer Commission (ACCC) to investigate pricing and competition in the supermarket sector to ensure Australians are paying a fai

The Albanese Government will consult on new legislation to modernise the Petroleum Resource Rent Tax and to strengthen anti‑avoidance laws.

The Albanese Government has today announced a major border force crackdown on the importation of illegal tobacco.

The Albanese Government has today released draft legislation for significant reforms that will help Australia maximise the economic opportunities of cleaner, cheaper and more reliable energy and ma

Today’s Monthly Consumer Price Index indicator shows that inflation further moderated to 4.3 per cent in the 12 months to November 2023, down from 4.9 per cent in October.

The Albanese Government has appointed Dr Craig Emerson to lead the 2023–24 review of the Food and Grocery Code of Conduct (the Code) to ensure that the supermarket sector is working as it should.

The Albanese Government has today released the Centre for Population’s 2023 Population Statement providing updated and comprehensive data on Australia’s population.

The Albanese Government will consult on regulations to improve the integrity of the Petroleum Resource Rent Tax regime by updating it to cover new business practices, as recommended by the Gas Tran

The Albanese Government has appointed Judy O’Connell and Andrew Mills as part-time members to the Board of Taxation, each for a three-year term.

Today the Australian Competition and Consumer Commission (ACCC) has released its Inquiry into retail deposit products.