The government has called an election and is now in caretaker

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Media releases

2023

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 d

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 vola

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

Modernising payments regulation

The Albanese Government is addressing the risks posed by new digital payment services, which are currently unregulated, to protect consumers, promote competition and spur innovation.

Chair of Future Fund

Peter Costello advised the Government a fortnight ago of his decision not to seek a third term as Chair of the Future Fund.

Consulting on payday super

Workers are a step closer to more dependable superannuation payments with the release of the Securing Australians’ Superannuation consultation paper.

Invested in Southeast Asia

The Australian Government has today launched I

Review of workplace culture at the Productivity Commission

The Productivity Commission will undergo significant workplace reform after an independent review found the need to improve its internal culture.