Media releases
2025
Statement on Stephen Jones
I want to pay tribute to my friend Stephen Jones, who has announced today that he will not be contesting the next election.
Underlying inflation falls to three-year low
Underlying inflation is at its lowest in three years according to new figures released by the Australian Bureau of Statistics today.
Mandatory service standards for the superannuation industry
The Albanese Government is taking action to raise the bar for member service in superannuation by introducing mandatory and enforceable service standards for all large APRA‑regulated superannuation
Next steps in streamlining Australia’s financial reporting architecture
The Albanese Government is streamlining Australia’s financial reporting bodies to help build a more competitive, dynamic and productive economy.
Reappointment to Board of Taxation
The Albanese Government has reappointed Ms Andrea Laing as a part‑time member to the Board of Taxation (BoT) for a three‑year term until 20 October 2027.
Underlying inflation down in new inflation numbers
Underlying inflation moderated in November with the Trimmed Mean Measure falling to 3.2 per cent, down from 3.5 per cent.
$7.2 billion in new funding from the Australian Government to fix Bruce Highway
Queenslanders deserve a long term plan for essential infrastructure, and the Albanese Government is delivering that certainty as we build Australia’s future.