The government has called an election and is now in caretaker
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Media releases
2024
Inflation falls to lowest rate in almost four years
New figures from the ABS show that headline inflation at 2.8 per cent is now the lowest it has been in almost four years.
Government and philanthropy partner to empower communities
The Albanese Labor Government is co‑investing alongside philanthropy to develop a national, independent, not‑for‑profit organisation dedicated to supporting the needs and aspirations of local commu
Australia outperforms on global budget league tables
The Albanese Government’s responsible budget strategy has seen Australia become one of the top ranked economies in the world for fiscal management in 2024, according to figures released by the Inte
G20 meetings in the United States
I will join key economic ministers and central bank governors from the world’s most significant economies at the G20, International Monetary Fund and World Bank annual meetings over the coming days
A million new jobs under Labor
Under the Albanese Government, more Australians are working, earning more and keeping more of what they earn, with today’s ABS Labour Force figures showing well over a million jobs (1,039,
Medicare Urgent Care Clinic delivering for Bendigo
The Albanese Government is delivering Bendigo better access to free, high‑quality health care, with a new Medicare Urgent Care Clinic now open.
Historic reforms for a more competitive economy enter Parliament
Today the Government will introduce landmark reforms to Parliament to overhaul Australia’s merger rules, another big step towards further boosting competition and productivity in our economy.
Reappointment of Australian Statistician
The Albanese Government has reappointed Dr David Gruen AO as the full‑time Australian Statistician to the Australian Bureau of Statistics (ABS) for a further five years, beginni
Labor’s reforms to boost financial market competition pave way for new provider
A new provider of clearing and settlement services has emerged following the passage of the Albanese Government’s new legislation to improve competition in financial markets, with news ASIC has app
Labor delivers biggest ever back-to-back surpluses
The Final Budget Outcome for 2023–24 shows the Albanese Government’s responsible economic management has delivered a second consecutive budget surplus.
Meeting with Chinese counterparts in Beijing
Over the next two days, I will meet with key Chinese counterparts in Beijing.
This is another important step towards stabilising our economic relationship with China.
Underlying inflation lowest in more than 30 months
New figures today show that underlying inflation has moderated substantially to its lowest level in more than thirty months and headline monthly inflation moderated substantially by 0.8 percentage
More cost-of-living relief rolling out from today
More relief is rolling out to more people from today, including the first back‑to‑back increase to Commonwealth Rent Assistance in more than 30 years and indexation of pensions and payments op
More new jobs created under Labor
An extra 47,500 jobs have been created in the last month, with the Albanese Government continuing to oversee the largest increase in employment in a single parliamentary term in Australia’s history
Payday superannuation design details to ensure super is paid on time
The Albanese Government will require super to be paid on payday, a reform that will benefit the retirement incomes of millions of Australians.
Consulting on a new Front Door for investors
Today the Albanese Labor Government is starting consultation on the proposed design for a new Front Door for investors with major, transformational investment proposals, to make it simpler to inves
Future Made in Australia legislation passes House of Representatives
The Albanese Labor Government’s Future Made in Australia legislation has today passed the House of Representatives, a major step forward in making the Australian economy more prosperous and resilie
June quarter National Accounts
Today’s National Accounts confirm the Australian economy barely grew in the June quarter.
More help on the way from this month
More cost‑of‑living relief will roll out to more Australians from September.
We recognise that people are under the pump and we’re doing something about it.
Consultation begins on new merger notification thresholds
The Albanese Government is consulting on notification thresholds as part of reforms to Australia’s merger rules to boost competition and productivity in our economy.