Media releases

2023

Appointment of Productivity Commission Chair

The Albanese Government will recommend to the Governor General that Danielle Wood be appointed as the next Chair of the Productivity Commission for a term of five years.

National Accounts – June quarter 2023

The National Accounts show the Australian economy remaining sturdy in the face of unrelenting pressure.

Monthly CPI shows inflation continues to moderate

The ABS’s monthly CPI indicator rose 4.9 per cent in the 12 months to July, the lowest outcome since February 2022.

Australian Securities and Investment Commission appointments

The Albanese Government has appointed Simone Constant, Alan Kirkland and Katherine O’Rourke as full-time members of the Australian Securities and Investment Commission for a term of

A more dynamic and competitive economy

The Albanese Government is undertaking a review of competition policy settings to help build a more dynamic and productive economy.

Solid wages growth in June quarter

New figures today confirm solid wages growth under the Albanese Labor Government.

Government taking decisive action in response to PwC tax leaks scandal

The Albanese Government will oversee the biggest crackdown on tax adviser misconduct in Australian history.

ACCC decision on ANZ acquisition of Suncorp Bank

The Australian Competition & Consumer Commission has decided not to grant authorisation to ANZ Group Holdings Ltd to acquire Suncorp Bank.

Payments System Board appointments

The Albanese Government has appointed Dr Michelle Deaker and Professor Ross Buckley, and reappointed Ms Gina Cass‑Gottlieb as part‑time members to the Payments System

New figures show inflationary pressures are easing

Today’s figures from the ABS show the price pressures in our economy continue to moderate in welcome ways.

New Chair of the Productivity Commission

Today Cabinet has agreed to recommend the Governor‑General appoint Chris Barrett as the new Chair of the Productivity Commission, for a term of five years. 

Release of national wellbeing framework

The Albanese Government is today releasing Measuring What Matters, Austr

G20 meeting in Gandhinagar, India

This week I will join international counterparts in India as part of the G20 Finance Ministers and Central Bank Governors meetings in Gandhinagar.

New Governor of the Reserve Bank of Australia

The Albanese Government has appointed Michele Bullock as the ninth Governor of the Reserve Bank of Australia (RBA) for a seven‑year term beginning on 18 September 2023.

Finalised gas code delivers for Australians

The Albanese Government’s Mandatory Gas Code of Conduct is now law. This will secure more gas at more reasonable prices for Australian gas users.

Taking action on de-banking

The Albanese Government is taking steps to address the challenges and impacts of de‑banking in Australia by supporting recommendations in the Council of Financial Regulator’s paper and committing t

Construction begins on health facility at Charles Darwin University

Treasurer Jim Chalmers has today announced the start of construction on a new health teaching and research facility in Darwin being delivered by the Albanese Labor Government.

Maximising investment opportunities and managing climate risks

The Albanese Government is consulting on detailed proposals that will help Australian companies and investors to maximise economic opportunities in the shift to cheaper, cleaner, and more reliable

Albanese Government delivers over $1.5 billion in new tax incentives for small and medium businesses

The Government is helping to supercharge Australia’s small and medium businesses with the delivery of more than $1.5 billion in new tax incentives.

New Gas Code secures supply at reasonable prices for Australian users

The Albanese Government has now completed the design of the Mandatory Gas Code of Conduct (Gas Code), following close engagement with gas users and producers.