Media releases

2013

G20, IMF and World Bank Meetings

Tomorrow I begin meetings with G20 Finance Ministers and Central Bank Governors in Washington DC, before attending the Spring meetings of the IMF and World Bank over the coming days.

IMF World Economic Outlook

The IMF's World Economic Outlook (WEO) has overnight reaffirmed the remarkable resilience of the Australian economy in the face of a fragile and uneven global recovery, with the Australian economy

Reforms to self-education expense deductions

The Government will better target work related self-education expense deductions as part of a package of reforms to make a down-payment on the National Plan for School Improvement.

Australia - Hong Kong RMB Trade and Investment Dialogue

Australian and Hong Kong business leaders and officials from central banks and finance ministries met in Sydney today for the inaugural Australia-Hong Kong Renminbi (RMB) Trade and Investment Di

Business kicks off national dialogue to maximise G20 opportunities

The Prime Minister and the Deputy Prime Minister today launched a key dialogue with 27 business leaders to ensure Australian business is in the box seat to take advantage of Australia's G20 Preside

China and Australia Announce Direct Currency Trading

Together with the People's Bank of China, we announce today an agreement to launch direct trading between the Australian Dollar (AUD) and the Chinese Renminbi (CNY).

Invitation to 2013-14 Budget lock-up

The Treasurer will deliver the 2013-14 Budget on Tuesday 14 May 2013, with his Budget speech beginning in the House of Representatives around 7.30 pm (AEST).

Funding to help unlock future economic development opportunities in North Queensland

The Gillard Government will fund a study of the power requirements for North Queensland to help maximise future economic development opportunities in the region.

Council of Superannuation Custodians Charter of Superannuation Adequacy and Sustainability

The Gillard Government will establish a Council of Superannuation Custodians to ensure that any future changes are consistent with an agreed Charter of Superannuation Adequacy and Sustainability.

Tax Treatment of Earnings on Superannuation Assets Supporting Income Streams

The Government will better target the tax exemption for earnings on superannuation assets supporting income streams by capping it to the first $100,000 of future earnings for each individual.

Reforms to make the superannuation system fairer

The Gillard Government today announced reforms to improve the fairness, sustainability and efficiency of the superannuation system.

Reserve Bank and APRA appointments

Today I announce the reappointment of Mr Glenn Stevens as Governor of the Reserve Bank for a further three year term, as well as my intention to recommend to the Administrator acting on behalf of t

The 9As Club - Australia's AAA credit rating reaffirmed again

Australia's gold-plated AAA credit rating has been confirmed once again with Fitch Ratings overnight reaffirming its AAA assessment of Australia (with a stable outlook).

Minimum wage increases must balance needs of low paid and national economy

The Gillard Government says any increase to minimum wages should reflect changes in living costs and the overall strength of the Australian economy.

G20 Finance Ministers and Central Bank Governors' meeting in Sydney - February 2014

Today, I am pleased to announce that Sydney will host the first of two meetings of Group of 20 Finance Ministers and Central Bank Governors on 21-23 February 2014.

Retail Corporate Bonds Legislation

The Deputy Prime Minister and Treasurer, Wayne Swan, and Minister for Financial Services and Superannuation, Bill Shorten, have introduced legislation today to further encourage the development o

Reforms Shine Spotlight on Political Parties' Costings

As the Government goes through the process of pulling the Budget together, priorities are weighed up and rigorous costings are applied to ensure we’re are open and accountable to the community t

National Accounts - December Quarter 2012

Today's National Accounts highlight the enduring resilience of the Australian economy against a challenging global economic backdrop.

New data shows Western Sydney families will lose under Abbott

Families living in Western Sydney will bear the brunt of Tony Abbott's commitments to increase taxes and cut support to families.

New Q20 Group to maximise G20 benefits for Queensland

The Gillard Government is pleased to announce the formation of the Queensland 20 (Q20) - a new peak group of Queensland business leaders to ensure the state reaps the maximum benefit from next year