Media releases

Today’s decision by the independent Reserve Bank to increase interest rates by half a percentage point is very challenging news for hardworking Australians already doing it tough.

From today, Australian workers will benefit from a boost to their superannuation.

Around 2.8 million Australians are about to get the pay rise they need and deserve – because the Albanese Labor Government fought for it.

Rating agency Moody’s has affirmed Australia’s AAA credit rating, citing Labor’s productivity enhancing reforms that focus on lifting women’s participation in the work

Crypto currencies will continue to be excluded from foreign currency tax arrangements under the Albanese Government.

The Australian Government will contribute funding towards a new Financial Intermediary Fund (FIF) for pandemics which will be established at the World Bank, as part of our commitment to protecting

Australia’s low‑paid workers will be better off because the Albanese Labor Government fought to get them a pay rise.

I’ve written to the ACCC expressing my deep concern about skyrocketing electricity and gas prices and the impact this is having on households and industry.

Today the Albanese Labor Government has recommended to the Fair Work Commission’s Expert Panel conducting the Annual Wage Review that they ensure that the real wages of Australia's low‑paid workers

Today’s National Accounts confirm solid underlying demand and a tight labour market but also an economy that is weaker than expected before the election, with significant challenges ahead.