The government has called an election and is now in caretaker
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Media releases
2024
Cost‑of‑living relief from persistent inflation
Despite edging down on a month‑to‑month basis, the ABS’s monthly CPI indicator was 4.0 per cent in the year to May.
Strengthening the Food and Grocery Code to get a fair go for families and farmers
The Albanese Government will strengthen the Food and Grocery Code of Conduct, accepting all recommendations of a recent independent review into the Code as part of a wide‑ranging cost‑of‑living cra
Productivity Commission appointments
The Albanese Government has appointed Mr Selwyn Button, Dr Alison Roberts and Mr Barry Sterland PSM as full‑time Commissioners to the Productivity Commission (PC) for five‑year terms.
A Sustainable Finance Roadmap to unlock more private capital
The Albanese Government is releasing its Sustainable Finance Roadmap, which will help investors, companies and the broader community make the most of the global net zero transformation.
Reserve Bank interest rate decision
Today’s decision by the independent Reserve Bank means by the time the Board next meets, it will be approaching nine months since the last interest rate hike.
Helping Australians get a better deal on banking products
The Albanese Labor Government is implementing a raft of measures to help Australians get better rates on their mortgages and savings accounts.
March National Accounts
Today’s National Accounts confirm growth in the Australian economy was flat in the first three months of the year.
Building more homes for renters
The Albanese Labor Government is working to boost the construction of rental housing as part of our comprehensive $32 billion Homes for Australia plan.
Australia issues inaugural $7 billion green bond
The Government has issued $7 billion of its inaugural green bond, in a major milestone for Australia’s sustainable finance market.
Pay rise for low-paid workers and women
The Fair Work Commission’s Annual Wage Review decision is a win for workers, a win for women and it will help with the cost of living.
Council on Federal Financial Relations Statement
The Council on Federal Financial Relations continues to discuss the implications of the recent High Court decision in Vanderstock & Anor v State of Victoria.
More funding for Launceston Medicare Urgent Care Clinic
The Albanese Government is delivering more funding to the Launceston Medicare Urgent Care Clinic to provide bulk billed healthcare service to more Tasmanians, off the back of a big focus on the cos
Future Made in South Australia
The Albanese Government is providing $65 million to investigate and progress planning for Northern Water – a project which could deliver desalinated water to support renewable industries and d
Real wages keep growing under Labor
Annual real wages are now growing even more strongly after falling dramatically under the former government.
Cost of living help and a future made in Australia
This is a responsible and restrained Budget which eases cost of living pressures and invests in a Future Made in Australia.
Delivering responsible economic management
The Budget forecasts the first back‑to‑back surpluses in nearly two decades.
Investing in a Future Made in Australia
The Albanese Labor Government will invest in a Future Made in Australia plan to bring new jobs and opportunities to communities in every part of our country.
Easing cost‑of‑living pressures
Helping Australians with the cost of living is our Government’s number one priority.
New power bill relief
The Albanese Labor Government will provide a $300 energy bill rebate to every household and additional energy bill relief to small businesses as part of the responsible cost of living help in the B
Tax reform to ease cost‑of‑living pressure, support investment and a Future Made in Australia, and create a fairer system
The Albanese Labor Government is delivering a tax cut for every taxpayer because we want hardworking Australians to keep more of what they earn.