Media releases
2013
Debt limit abolished
The Federal Parliament has taken the important step of abolishing the nation's debt limit, which will provide certainty to markets about the Government’s capacity to finance the budget, and increas
Statement on tax legislation
The Coalition will move this week to stop $900 cheques from being sent out to people four years after the Global Financial Crisis.
Statement on Commonwealth debt limit
The Government has today agreed to the Australian Greens’ proposal to repeal the statutory debt limit and enhance transparency around government debt reporting.
National Accounts - September quarter 2013
The National Accounts released today show the performance of the economy up to the end of the September quarter. This is the economy the Coalition has inherited.
Appointment of Associate Commissioner to the Productivity Commission
Today I announce the appointment of Mr Paul Lindwall as a full-time Associate Commissioner to assist with the Productivity Commission inquiry into infrastructure costs and financing in Australia.
Foreign investment application: Archer Daniels Midland Company's proposed acquisition of GrainCorp Limited
After long and careful deliberations, I have today made an order under the Foreign Acquisitions and Takeovers Act 1975 (the Act) prohibiting the proposed acquisition by Archer Da
Statement regarding meeting with State Treasurers
Today, I held my first meeting with the State and Territory Treasurers, where we discussed a new infrastructure partnership and the GST threshold for online purchases.
2013 IMF Article IV Consultations with Australia
The International Monetary Fund (IMF) has today re-affirmed Australia’s strong economic prospects.
Financial System Inquiry
The Government is pleased to announce the appointment of Mr David Murray AO to head an inquiry into Australia’s financial system.
Reckless action on the debt limit
The Labor Party and the Greens are behaving recklessly and dangerously by refusing to support a $500 billion debt limit, which Treasury Secretary Dr Martin Parkinson today described as “prudent”.
OECD Economic Outlook - November 2013
The OECD’s latest Economic Outlook forecasts Australia will record a solid economic performance over the next two years.
Labor’s hidden job cuts and unfunded redundancies
More evidence of Labor’s budget deception has emerged, with advice showing the former Government concealed almost 14,500 public service job cuts initiated before the last election.
Government announces Productivity Commission inquiry to focus on more flexible, affordable and accessible child care
The Australian Government today announced the establishment of a Productivity Commission Inquiry into Child Care and Early Childhood Learning.
Foreign Investment Decision
I have today approved a foreign investment application from Saputo Inc. to bid for Warrnambool Cheese & Butter Factory Company Holdings Limited (WCB).
Restoring integrity in the Australian tax system
The Coalition is determined to provide stable and predictable Government.
ABS retail sales results for September
Today's retail sales figures from the Australian Bureau of Statistics show that confidence is returning to the Australian economy in the lead up to and immediately after the Coalition's election vi
Commission commences examination of automotive industry support
The Government has long been committed to ensuring Australia has a competitive manufacturing sector, including a sustainable and profitable automotive manufacturing sector.
Statement of the Conduct of Monetary Policy
Today I am releasing, with the Governor of the Reserve Bank of Australia, a joint Statement on the Conduct of Monetary Policy (the Statement).
Repeal of the Minerals Resource Rent Tax
The Government is today releasing draft legislation for the repeal of the Minerals Resource Rent Tax (MRRT).
Consumer Price Index - September Quarter 2013
The Consumer Price Index (CPI) rose 1.2 per cent in the September quarter 2013, following a rise of 0.4 per cent in the June quarter 2013. Headline inflation was 2.2 per cent through the year