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Media releases

2023

2023 Population Statement

The Albanese Government has today released the Centre for Population’s 2023 Population Statement providing updated and comprehensive data on Australia’s population.

New regulations to improve the PRRT

The Albanese Government will consult on regulations to improve the integrity of the Petroleum Resource Rent Tax regime by updating it to cover new business practices, as recommended by the Gas Tran

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).