Media releases

2023

Appointment to the Future Fund Board

The Albanese Government has appointed Mary Reemst to the Future Fund Board of Guardians for a five‑year term.

Making super concessions more sustainable

The Albanese Government is today releasing draft legislation on the announced change to superannuation tax concessions to make the system fairer and more sustainable.

Strengthening Australian employment services

The Albanese Labor Government’s Employment White Paper outlines eight principles to guide reforms to Australia’s employment services system, with a focus on better supporting people, while collabor

Getting more Australians back into work

The Albanese Government is improving incentives to get more Australians into work.

Boosting opportunity for Australia’s most disadvantaged through social enterprises

The Albanese Government will work with the social enterprise sector to boost labour force participation and economic development in some of the nation’s most disadvantaged communities as a key outc

Better opportunities for Aboriginal and Torres Strait Islander Australians

The Albanese Government will scope a new First Nations Economic Partnership with the Coalition of Peaks and other organisations to boost labour force participation and improve economic outcomes for

Turbocharging TAFE centres of excellence and accelerating apprenticeships

The Albanese Government will equip more Australians with the skills of the future by turbocharging TAFE Centres of Excellence and accelerating the take up of higher and degree apprenticeships in th

Working Future – White Paper on jobs and opportunities

The Albanese Government today releases the

Final Budget Outcome shows first surplus in 15 years

The Final Budget Outcome for 2022‑23 [PDF 2.6MB] shows t

Australia's economic management receives strong endorsement

Australia has today received a resounding endorsement of its responsible economic and budget management.

Consultation begins on new laws to improve tax integrity

The Albanese Government is taking a strong stance against blatant misconduct in our tax advice industry and has today released draft legislation designed to strengthen our tax system and give great

New legislation to promote more competition in financial markets

The Albanese Government has today passed legislation to improve competition in the trading of shares and other securities as part of important reforms to strengthen Australia’s financial system and

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 five years.

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.