Media releases

2011

Helping Small Business Adjust to a Carbon Price

Deputy Prime Minister and Treasurer Wayne Swan, Minister for Climate Change and Energy Efficiency Greg Combet and Minister for Small Business Senator Nick Sherry today announced initiatives to help

Government Supports Innovation and Renewable Energy

Prime Minister Julia Gillard, Deputy Prime Minister and Treasurer Wayne Swan, Minister for Climate Change and Energy Efficiency Greg Combet, Minister for Resources and Energy Martin Ferguson and Mi

Bernie Fraser to Head Climate Change Authority

The Gillard Government is pleased to announce that it intends to appoint the former Reserve Bank Governor and former Treasury Secretary Bernie Fraser as Chairman of the new Climate Change Authority

Getting a Better Deal on Credit Cards and Mortgages

The Gillard Government is proud to deliver important new laws giving Australian consumers a fairer go with their credit cards and helping them easily compare home-loan offers side by side so the

1 July Cost of Living Help for Australian Families

The Gillard Government recognises there are genuine cost of living pressures across the country and not everyone is seeing the benefits of a strong economy.

Selection of the Managing Director of the IMF

It is important that the new IMF Managing Director be selected in an open and transparent process with the candidate chosen on the basis of merit and not nationality.

Parliament Approves Key Budget Bills

The Government welcomes the passage of key bills for the 2011-12 Budget that gets us back in the black, gets more Australians into jobs and spreads the opportunities of the mining boom.

NBN Rollout to Benefit from Agreement with Optus

The Gillard Government today welcomed the announcement by NBN Co and Optus that they had entered into an agreement that will see Optus decommission its Hybrid Fibre Coaxial (HFC) cable network and

Senate Supports Government Ban on Mortgage Exit Fees

I welcome the decision by the Senate today to vote in favour of the Government’s ban on mortgage exit fees on new home loans from 1 July.

IMF World Economic Outlook - June 2011

The IMF's June World Economic Outlook (WEO) confirms that Australia's economic outlook and fundamentals remain strong, despite further financial instability and increased threats to the global r

Rod Sims Confirmed as ACCC Chairman

The Governor-General has appointed Rod Sims as the next Chairman of the Australian Competition and Consumer Commission (ACCC) after he received the unanimous support of the States and Territories

Crossbench Support Means New R&D Tax Credit Will Start on 1 July 2011

Australian companies will become more innovative and globally competitive thanks to the new R&D tax incentive.

Exposure Draft - Minerals Resource Rent Tax

The Treasury has today released for public comment draft legislation for the introduction of the Minerals Resource Rent Tax (MRRT).

Phasing out the Dependent Spouse Tax Offset

The Gillard Government will phase out the tax offset for dependent spouses currently aged less than 40 to help encourage more Australians into paid employment.

Productivity Commission Study Shows World Acting on Climate Change

The Productivity Commission's comprehensive study of carbon policies in key economies confirms the world is increasingly acting on climate change and a carbon price is the lowest-cost way to cut po

Board of Taxation Appointments

I am pleased to announce the appointments of

National Accounts - March Quarter 2011

Today’s National Accounts demonstrate the major impact on the economy of extensive flooding and cyclone activity earlier in the year. 

ABS Balance of Payments – March Quarter 2011

Today's release of the Balance of Payments confirms the dramatic impact of floods and cyclones on Australia's key commodity exports in early 2011.

OECD Economic Outlook 89 - May 2011

Today's OECD Economic Outlook confirms that the Australian economy remains one of the best performing in the developed world.

Banking Reforms Help Promote Cheaper Mortgages

The Gillard Government welcomes moves by the National Australia Bank to open up a new front in the pricing war between Australia's big banks which has continued to intensify since December last yea