The government has called an election and is now in caretaker
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Media releases
2022
Public consultation begins on Multinational Tax Integrity and Transparency
The Albanese Government has released a discussion paper for public consultation on our election commitment to ensure that multinationals pay their fair share.
RBA interest rates decision
Today’s Reserve Bank decision to increase interest rates by half a percentage point is more difficult news for Australians with a mortgage.
New data confirms inflation is high and rising
New numbers show inflation has increased 6.1 per cent over the past year and highlight the difficult circumstances facing Australian workers and families.
Electric Car Discount Bill introduced to Parliament
Today, the Government has introduced the Treasury Laws Amendment (Electric Car Discount) Bill 2022 into Parliament.
Chair of the Australian Prudential Regulation Authority
Wayne Byres has advised the Governor‑General of his intention to step down as Chair of the Australian Prudential Regulation Authority from 30 October, 2022.
Nominations to International Monetary Fund and the World Bank
The Albanese Government will nominate Rob Nicholl for appointment as the Executive Director at the International Monetary Fund and Kerstin Wijeyewardene as the Alternate Executive Director at the W
Increase to foreign investment fees and penalties
The Albanese Labor Government is delivering on its election commitment to increase foreign investment fees and penalties.
Reserve Bank appointment
Mark Barnaba AM has agreed to serve another year on the Reserve Bank Board at my request.
Review of the Reserve Bank
Today I announce the first wide‑ranging review of the Reserve Bank of Australia since the current monetary policy arrangements were instituted in the 1990s.
ACCC appointment
The Albanese Government has today nominated Ms Catriona Lowe to be a Deputy Chairperson of the Australian Competition and Consumer Commission (ACCC) for a five‑year period starting on 27 Janua
Finance Ministers and Central Bank Governors G20 Meeting
I am attending the G20 Finance Ministers and Central Bank Governors Meeting in Indonesia with Reserve Bank Governor Philip Lowe from 15 to 16 July.
Jobs and Skills Summit to be held in September
The Albanese Labor Government’s Jobs and Skills Summit will be held at Parliament House in Canberra on 1‑2 September.
RBA interest rates decision
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.
A super increase for hardworking Australians
From today, Australian workers will benefit from a boost to their superannuation.
Tomorrow's minimum wage increase a win for women, part time workers and the heroes of the pandemic
Around 2.8 million Australians are about to get the pay rise they need and deserve – because the Albanese Labor Government fought for it.
Moody's affirms Australia's AAA credit rating
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 not taxed as foreign currency
Crypto currencies will continue to be excluded from foreign currency tax arrangements under the Albanese Government.
Australia committed to supporting future pandemic preparedness and response
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
A pay rise for Australian workers
Australia’s low‑paid workers will be better off because the Albanese Labor Government fought to get them a pay rise.
Letter to ACCC on electricity and gas price rises
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.