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Media releases

2010

Government Welcomes Multi Billion Dollar Coal Seam Gas Investment

The Gillard Government welcomes the announcement today from BG Group that it will invest US$15 billion in the development of its coal seam gas liquefied natural gas (LNG) operations to export gas f

Release of Information Underlying the AFTS Review

The Government is releasing additional material underlying the Australia's Future Tax System (AFTS) Review to promote a constructive discussion in our community about tax reform.

Consumer Price Index - September Quarter 2010

Today's inflation figures show that both CPI inflation and underlying inflation in the Australian economy have continued to moderate through the year, with underlying inflation easing to its low

Real Progress Made at G20 Finance Ministers' Meeting in Korea

I welcome the real progress made by the G20 in Korea this weekend toward delivering on its objective of strong, sustainable and balanced global growth.

Business Roundtable on Climate Change

The Government announced today the membership of the new roundtable that has been established to engage the business community on the Government's climate change policies.

Foreign Investment Decision

Today I approve the application by Wilmar International Limited (Wilmar) to acquire, through its Australian subsidiary, Wilmar Australia Pty Ltd, full ownership of Sucrogen Limited (Sucrogen) from

Treasurer to Attend IMF and World Bank Annual Meetings

On Friday, I will be attending the Annual Meetings of the International Monetary Fund and World Bank Group in Washington DC.

IMF World Economic Outlook - October 2010

The IMF's World Economic Outlook (WEO) released today confirms that Australia's economy is in a strong position and continues to outperform other advanced economies, despite increased uncertainty i

Consultation on Changes to Increase the Flexibility of First Home Saver Accounts

The Deputy Prime Minister and Treasurer, the Hon Wayne Swan MP, today released for public comment draft legislation that increases the flexibility of First Home Saver Accounts.

Gillard Government Re-Affirms Independence Of Reserve Bank Of Australia

The Deputy Prime Minister and Treasurer, on behalf of the Gillard Government, today signed a new Statement on the Conduct of Monetary Policy with the Governor of the Reserve Bank, re-affirming Aust

IMF Article IV Consultation with Australia

In its Article IV concluding statement released today, the International Monetary Fund has strongly endorsed the Government's responsible economic and fiscal management, which will see the budge

Government to Seek Business, Environment and Non-Government Organisations’ Views on Climate Change

The Government will establish two roundtables to engage the business community, environment and non-government organisations on its climate change policies.

Final Budget Outcome 2009-10

The Final Budget Outcome for 2009-10 shows Australia's budget is in far better condition than the budgets of other comparable nations, putting us in a strong position to deliver a surplus in 2012-1

OECD Interim Economic Assessment

The OECD's latest Interim Economic Assessment is a reminder of the ongoing challenges that the global economy faces, and of Australia's very strong economic position after avoiding reces

Responsible Economic Management

The Gillard Labor Government reaffirms its commitment to the strong, stable and responsible economic management that has seen Australia fight off the global recession, create more than half a mil

Foreign Investment Review Board Appointment

Today I am pleased to announce the appointment of Ms Anna Buduls as a non-executive member of the Foreign Investment Review Board (FIRB).

Economic Statement July 2010

The Economic Statement released today shows the Australian economy continues to lead the developed world, with a strong employment outlook and the Budget on track to return to surplus in three year

Foreign Investment Decision

I have raised no objections to a proposal, which includes Taifeng Yuanchuang International Development Co Ltd ('Taifeng') or its subsidiary acquiring up to a total of 19.9 per cent of IMX Resources

New $4.9 Million Medical Training Facility for Chermside

The Deputy Prime Minister, Wayne Swan, and Minister for Health and Ageing, Nicola Roxon, today announced a new $4.9 million investment in a medical training facility in Chermside.

IMF World Economic Outlook - July 2010 Update

The IMF's World Economic Outlook released today (WEO) shows that Australia remains a world leader in the global recovery, with stronger growth, lower unemployment and much lower debt than other