Media releases

The 2010 Intergenerational Report, Australia to 2050: Future Challenges, provides yet another stark reminder of the massive environmental and economic costs of failing to act on dangero

The new Intergenerational Report, Australia to 2050: Future Challenges, shows Australia's ageing population is placing major pressure on the health system which is set to increase in th

The Australia to 2050: Future Challenges reportshows that population ageing and escalating pressures on our heath system will put major pressures on the federal budget over the next 40 ye

The Intergenerational Report launched today, Australia to 2050: Future Challenges,shows that improving our productivity is the key to higher living standards in the face of an ageing p

The Gillard Government, in partnership with the Queensland Government, today announced it will create a $10 million Tourism Industry Support Package to provide a vital boost for the many fam

Competition in Australia's mortgage market has today received a fresh boost with five smaller lenders allocated up to $3.4 billion in funding as part of the Government's investment in high-qualit

Today's Consumer Price Index (CPI) result shows that inflation remains low, reflecting an economy that is still operating below capacity.

The IMF in its latest World Economic Outlook released overnight is forecasting a strengthening global economy, but cautions that the recovery remains fragile in many parts of the world and

Today I will attend the G20 Finance Ministers' and Central Bank Governors' Meeting in Gyeonju, Korea, at a time when the global recovery remains fragile and uneven.

More division and confusion has emerged in the Coalition on economic policy, with its most senior leaders at loggerheads on means-testing of the private health insurance rebate and tax policy.

With his latest economic gaffe, Opposition Leader Tony Abbott has demonstrated again his tendency for making ill-informed, factually incorrect statements about the Australian economy.

The Government welcomes the Productivity Commission's final report on Australia's director and executive remuneration framework.

Today I received the report of the Australia's Future Tax System review team.

The Rudd Government today released draft legislation for the new R&D Tax Credit — the biggest reform to business innovation policy in over a decade.

Today's National Accounts show that the Australian economy continued to grow in the September quarter against a backdrop of still challenging global conditions. 

Today's release of the 2008-09 Annual National Accounts provides further evidence that the Australian economy has outperformed other advanced economies during the global recession.

The new Shadow Finance Minister should today commit to the Rudd Government's strict fiscal rules on spending, tax and savings.

Today's Balance of Payments figures show the continuing effects of the global recession, with record falls in export prices over the past year impacting heavily on the Australian economy.

Today I have directed the Australian Office of Financial Management (AOFM) to invest up to a further $8 billion in Australian residential mortgage-backed securities (RMBS) to support competition

Today I invite Australians families, individuals, business and community groups to submit their ideas and priorities for the 2010-11 Budget.