The government has called an election and is now in caretaker
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Media releases
2023
Appointments to Board of Taxation
The Albanese Government has appointed Judy O’Connell and Andrew Mills as part-time members to the Board of Taxation, each for a three-year term.
Australian Competition and Consumer Commission retail deposit inquiry
Today the Australian Competition and Consumer Commission (ACCC) has released its Inquiry into retail deposit products.
Consultation on financial market infrastructure reforms
The Albanese Government is today releasing draft legislation to strengthen regulatory arrangements for Australia’s financial market infrastructure.
2023-24 Mid-Year Economic and Fiscal Outlook
The 2023‑24 Mid‑Year Economic and Fiscal Outlook (MYEFO) is all about responsible economic management because that’s the best way to put downward pressure on inflation and ease cost‑of‑living press
Higher foreign investment fees for housing
The Albanese Government will adjust the foreign investment framework to help boost Australia’s housing stock and provide more homes for Australians.
Next steps in modernising Australia’s payments system
The Albanese Government is today releasing two consultation papers to progress our plan to ensure Australia’s payments system delivers for our modern economy.
Statement on the Conduct of Monetary Policy
Today I am releasing, with the Reserve Bank of Australia (RBA), an updated Statement on the Conduct of Monetary Policy.
Appointments to the Foreign Investment Review Board
The Albanese Government has appointed Linda Apelt, Kellie Benda and Sarah Pearson to the Foreign Investment Review Board (FIRB) each for a five‑year term.
New Commissioner of Taxation
The Albanese Government will appoint Rob Heferen as the Commissioner of Taxation to lead the Australian Taxation Office (ATO) for a period of seven years.
Extension of ‘No Worse Off’ deal to help fund essential services
National Cabinet has today endorsed a comprehensive Commonwealth‑state agreement across health, the NDIS and GST arrangements that will ensure a fairer, more sustainable distribution of funds for h
National Accounts – September quarter 2023
The National Accounts show the Australian economy is slowing in expected ways as an inevitable consequence of higher interest rates and international uncertainty.
Investor Roundtable to help modernise our economy and maximise our advantages
Leading investors including some of the nation’s biggest banks, superannuation funds, venture capital firms and asset managers have joined industry experts and government for the third Treasurer’s
Inaugural roundtable of Investment Dialogue for Australia's Children
Leading philanthropic organisations have partnered with the Albanese Government to improve the wellbeing of children and address entrenched community disadvantage, committing millions of dollars to
Consultation on the retirement phase of superannuation
The Albanese Government is looking at how to improve the retirement phase of superannuation so that the system delivers a better retirement for more Australians.
Treasurers meet in Queensland
Today I met with my state and territory counterparts in Brisbane for a productive discussion on a range of shared objectives.
Key cost-of-living policies help drive moderation in monthly inflation
Today’s Monthly Consumer Price Index Indicator shows inflation moderated to 4.9 per cent in the 12 months to October, down from 5.6 per cent in September.
New Deputy Governor of the Reserve Bank of Australia
The Albanese Government has appointed Andrew Hauser as Deputy Governor of the Reserve Bank of Australia (RBA) for a five‑year term.
Strengthening and modernising the Reserve Bank
The Albanese Government will this week introduce legislation to Parliament to reform, strengthen and modernise the Reserve Bank of Australia (RBA).
Streamlining financial reporting architecture
The Albanese Government will restructure the nation’s financial reporting bodies to make them more efficient, effective and fit for purpose, including to assist Australia in implementing new climat
Consultation on merger reform
The Albanese Government is reviewing merger rules and processes to ensure they support competitive markets, economic dynamism, and better outcomes for the Australian people.