Media releases

New data released by the Australia Bureau of Statistics shows that annual real wages have grown for 18 months in a row under the Albanese Labor Government.

I’m grateful to the Prime Minister for the opportunity to continue to serve as Australia’s Treasurer.

New figures show that headline and underlying inflation fell last month.

The Albanese Government is taking action to stop unfair non‑compete clauses that are holding back Australian workers from switching to better, higher‑paying jobs.

The Albanese Government will deliver two more tax cuts to every Australian taxpayer in 2026 and 2027, adding to the first round that Labor delivered in July last year.

The Albanese Government is building a stronger economy and stronger Budget, with smaller deficits and much lower debt than we inherited.

The Albanese Labor Government will provide another $150 in Energy Bill Relief, extending our energy rebates until the end of 2025.

This is a responsible Budget that helps with the cost of living, while Building Australia’s Future.

The Albanese Labor Government is securing Australia’s future during a time of global uncertainty by making our economy more productive and more resilient.

Cost of living is front of mind for most Australians, and front and centre in the Budget.

The Albanese Government will work with states, territories, businesses and unions to design a national licensing scheme for electrical trades people.

The Albanese Labor Government has today released the

The Albanese Government is developing a fit for purpose digital asset regime to help build a more dynamic and competitive economy.

Low unemployment has continued under the Albanese Government, according to ABS Labour Force figures for February released today.

New Treasury data shows that the Albanese Government’s reforms to streamline and strengthen our foreign investment framework are already delivering results.

The Albanese Government is partnering with investors and philanthropic organisations to enhance access to capital for social enterprises that provide jobs for disadvantaged Australians.

The Government has agreed to recommend to the Governor‑General, Her Excellency the Honourable Sam Mostyn AC, the appointment of Dr Angela Jackson as a full‑time Social Policy Co

The Government has agreed to recommend to the Governor‑General, Her Excellency the Honourable Sam Mostyn AC, that Mr Michael Callaghan AM PSM be reappointed as part‑time Chairpe

The Albanese Government has appointed Jim Craig as a member of the Future Fund Board of Guardians for a five‑year term.

Today I am announcing that Qatar Airways Group’s (Qatar Airways) acquisition of a 25 per cent interest in Virgin Australia can proceed subject to enforceable conditions.