Media releases
2026
Responsible economic and fiscal management
The Albanese Labor Government is delivering a stronger and more sustainable Budget with smaller deficits, less debt and net policy decisions that improve the bottom line.
Tax reform for workers, businesses and future generations
The Albanese Labor Government is delivering a new round of tax cuts, helping more Australians realise the dream of home ownership and supporting investment and innovation through the most significa
Delivering a Budget focused on resilience and reform
This is a responsible Budget that is all about resilience and reform.It’s all about getting Australians through the global oil shock and building an economy that works for more people.
Strengthening Australia's fuel resilience
The Albanese Labor Government will deliver a major fuel security and price relief package in the Budget, investing $14.8 billion to immediately secure more fuel, strengthen Australia’s supply
Backing small businesses with tax relief
The Albanese Labor Government is backing small businesses as part of our $3.5 billion of new business tax relief to boost investment, increase cash flow and support growth.
Strengthening the Annual Superannuation Performance Test
The Albanese Labor Government is acting to strengthen the annual superannuation performance test.
Reserve Bank decision
Today the independent Reserve Bank Monetary Policy Board increased the cash rate by 25 basis points.
Fairer tax treatment to encourage affordable EVs
Joint media release with the Hon Chris Bowen MP, Minister for Climate Change and Energy
Productivity package to turbocharge construction and businesses across NSW
The Albanese Government is funding reforms to fast‑track approvals and get businesses up and running as quickly as possible in New South Wales.
New inflation figures
New figures from the Australian Bureau of Statistics show that inflation ticked up as expected in the month of March largely because of global pressures.
Engagements with NZ Finance Minister and trans-Tasman businesses on fuel security
Today I’ll host New Zealand Finance Minister Nicola Willis in Brisbane for a bilateral engagement on trade, investment and fuel security.
Regulating cash distribution services
Today the Government is releasing draft legislation to regulate the cash distribution sector to ensure it continues to serve the needs of Australians.
$1,000 instant tax deduction to deliver lower, simpler taxes for 6.2 million workers
Around 6.2 million workers are set to benefit from the Albanese Government’s $1,000 instant tax deduction, with public consultation on draft legislation commencing today.
New Australia-United Kingdom MoU to unlock more investment
Today, Australia and the UK have signed an Investment Partnership to further unlock superannuation and pension capital investment between our countries.
Australia now top three in G20 budget rankings
Joint media release with the Hon Katy Gallagher, Minister for Finance
G20, IMF and World Bank meetings in the US
This week I will engage with key international counterparts at the G20 Finance Ministers’ and Central Bank Governors’ Meeting hosted by the US and the IMF‑World Bank 2026 Spring Meetings in Washing
Consultation on foreign resident CGT legislation
Today the Albanese Government is releasing draft legislation to strengthen the foreign resident capital gains tax (CGT) regime and provide certainty for investors.
Building our economic resilience through the Investor Front Door
Joint media release with the Hon Chris Bowen MP, the Hon Catherine King MP, the Hon Madeleine King MP and Senator the Hon Tim Ayres.
Government and private sector working together to back families and small businesses
The Albanese Labor Government is working with the business and finance sectors to help ease the pressure on Australian families and small businesses.
Ending card surcharges to help with the cost of living
Australians will no longer pay $1.6 billion a year in surcharges and small businesses will save $910 million when credit and debit card surcharging ends in October.