Media releases
2011
Release of 2010-11 Final Budget Outcome
The 2010-11 Final Budget Outcome shows that despite the major impact on budget revenues from the global financial crisis, recent natural disasters and a strong Australian dollar, Australia's pub
Media Arrangements for the Tax Forum
The Tax Forum will be held on Tuesday 4 October and Wednesday 5 October in the Great Hall at Parliament House.
Treasurer to Attend G20, IMF and World Bank Meetings
Today I will meet with G20 Finance Ministers in Washington DC before attending this weekend's annual meeting of the IMF and World Bank.
Carbon Price Modelling Update
The Gillard Government has today released updated modelling of the impact of a carbon price which confirms Australia's economy will continue to grow strongly at the same time as we cut pollution.
Increasing Budget Transparency
The Gillard Government welcomes the passage of legislation through the House of Representatives last night to deliver greater accountability and transparency to Australia's already strong budget
IMF World Economic Outlook and Fiscal Monitor
The IMF's September World Economic Outlook (WEO) confirms our fundamentals remain strong with the Australian economy expected to grow faster than all major advanced economies next year, despite i
Manufacturing's Crucial Role in our Economy
Prime Minister Julia Gillard, Deputy Prime Minister and Treasurer Wayne Swan, Innovation Minister Senator Kim Carr and Minister for Defence Materiel Jason Clare today met with leaders from the m
Hockey Paves Way For Next Costings Disaster, Abandons Support For PBO
Shadow Treasurer Joe Hockey has paved the way for another multi-billion budget disaster at the next election, insisting today that he will keep Coalition policy costings hidden from independent scr
Second Exposure Draft - Minerals Resource Rent Tax
The Gillard Government today releases the second exposure draft legislation for the Minerals Resource Rent Tax (MRRT) - a critical reform that will help address the challenges of our patchwork ec
Hockey Says 'Trust Me' on $70 Billion Black Hole
The Shadow Treasurer has today declared he will keep the Australian people in the dark about how the Coalition will get out of its disastrous $70 billion budget black hole.
New Permanent Financial Claims Scheme Cap to Protect 99 Per Cent of Australian Deposit Accounts in Full
Today I announce a new, permanent cap to be introduced from 1 February 2012 for the Financial Claims Scheme (FCS) of $250,000 per person per institution to protect the savings held in around 99 per
Tomorrow's Jobs – Staying Ahead of the Game
The Government will hold a one-day forum next month to discuss how Australia can build on its outstanding record of economic growth and job creation in recent years, and best position our nation to
National Accounts - June Quarter 2011
Today's National Accounts show that the Australian economy grew strongly in the June quarter, underpinned by a recovery from the natural disasters, solid growth in consumption, and a further pic
Sky-High Cost of Opposition's 'Subsidies for Polluters' Scheme
Treasury analysis released today shows the Opposition's 'Subsidies for Polluters' scheme will more than double the economic cost of reaching the bipartisan carbon pollution reduction target of 5 pe
NBN Switched on in Townsville
Deputy Prime Minister and Treasurer Wayne Swan today launched the National Broadband Network in Townsville, marking the first location in Queensland to benefit from the NBN.
Treasurer to Visit Hong Kong and Guangzhou
Today I will travel to Hong Kong to meet with key regional investors and policy-makers to get a first-hand assessment of economic and business conditions in the region and to discuss the strengt
Parliamentary Budget Office Legislation Introduced
The Government has taken another important step towards establishing a new Parliamentary Budget Office (PBO), introducing legislation into the Parliament today.
Appointments to Commonwealth Grants Commission
I am pleased to announce the appointments of Patricia Faulkner, Jenny Menzies and Jeff Petchey, and the reappointment of Greg Smith to the Commonwealth Grants Commission.
Exposure Draft - Petroleum Resource Rent Tax Bill
The Treasury has today released for public comment exposure draft legislation for the extension of the Petroleum Resource Rent Tax (PRRT).
First Report on Economic Potential of Senior Australians
The Gillard Government has today received the first report from the Advisory Panel on the Economic Potential of Senior Australians (the Panel) that looks at how our nation can best harness the oppo