Media releases

2010

Government Moves on Unfair Mortgage Exit Fees

The Gillard Government today announced key reforms to help deal with unfair mortgage exit fees.

Deputy Prime Minister to Attend G20 Summit in Toronto

This weekend I will represent Australia at the G20 Leaders' Summit in Toronto, Canada, on behalf of Prime Minister Julia Gillard.

Terms of Reference for Productivity Commission Report on the Impacts and Benefits of COAG Reforms

The Treasurer, Wayne Swan, and the Assistant Treasurer, Senator Nick Sherry, today released the terms of reference for the Productivity Commission report on the impacts and benefits of Council

$2 Billion for Queensland from Regional Infrastructure Fund

The Australian Government today announced that Queensland should expect more than $2 billion in additional infrastructure investment from the new $6 billion Regional Infrastructure Fund.

$6 Billion Regional Infrastructure Fund

The Australian Government today announced that it will establish a new $6 billion Regional Infrastructure Fund.

Treasurer to Attend G20 Finance Ministers' Meeting in South Korea

In the coming days I will attend the G20 Finance Ministers' Meeting in South Korea to discuss recent global developments and continue work on key reforms. 

National Accounts – March Quarter 2010

Today's National Accounts report a solid outcome for the Australian economy in the March quarter, but with uneven outcomes across different sectors.

OECD Economic Outlook – May 2010

The latest OECD Economic Outlook highlights that Australia's economic growth and employment outlook is amongst the best in the OECD and has welcomed the Government's fiscal settings and strategy in

Robb Must Correct Record on NBER

This morning Shadow Finance Minister Andrew Robb has continued his recent run of economic incompetence and ignorance, describing independent analysis published by the National Bureau of Research Ec

Shadow Treasurer's Litany of Sloppiness a Risk to the Australian Economy

In recent days the Shadow Treasurer has demonstrated again the very real risk his sloppiness and irrationality pose to the Australian economy.

2010-11 Budget – Responsible Management and a Faster Return to Surplus

The 2010-11 Budget delivers the highest standards of responsible economic management to strengthen our economy and secure future growth.

Economic and Fiscal Background to the 2010-11 Budget

The 2010-11 Budget shows the Australian economy is emerging from the global recession in an enviable position, having outperformed every other advanced economy.

Investing in Skills for Sustainable Growth

The Rudd Government will invest more than $660 million in training, apprenticeships and adult literacy and numeracy to ensure Australia has the skills it needs to support a growing economy.

Nation Building to Expand Productive Economic Capacity

The Rudd Government is investing massively in vital economic infrastructure to build up Australia's economic capacity and face the future with confidence.

Standard Deduction to Increase Tax Returns for 6.4 Million Australians

The Rudd Government will make it easier to fill out tax returns by offering a standard tax deduction that is expected to deliver a bigger tax return for 6.4 million Australians.

Improving Incentives for Saving to Benefit 5.7 Million Australians

The Rudd Government will encourage Australians to save and help boost our national savings with a new tax incentive that cuts the tax paid on up to $1,000 of interest income from a range of savings

Reforms to Boost Business Credit and Encourage Saving

The Rudd Government will boost competition in business lending with important reforms to make it easier for businesses to borrow directly from retail investors and reduce their reliance on borrowin

Helping Australians Buy Their First Home By Increasing Flexibility of First Home Saver Accounts

The Government will help Australians trying to realise the dream of home ownership by allowing First Home Saver Account-holders more flexibility to buy their first home.

July 2010 Tax Cuts to Help with Cost of Living Pressures and Strengthen Our Economy

The Rudd Government will deliver its third round of tax cuts from 1 July this year to help millions of Australian families with cost of living pressures and reward their hard work.

Increase in the Medicare Levy and Medicare Levy Surcharge Low-­Income Thresholds

To ensure that Australians on low incomes remain exempt from the Medicare Levy, the Government will increase the Medicare Levy low‑income thresholds.