Media releases

This weekend I will attend the G20 Finance Ministers' Meeting in London to discuss current developments in the global recession and global actions being implemented in response.

Today's National Accounts show that the Australian economy has been the best performing advanced economy over the past year and the only advanced economy that has recorded positive growth over t

Today's Balance of Payments shows the continuing impact of the global recession on the Australian economy, with the current account deficit (CAD) widening to $13.3 billion in the June quarter, re

I am pleased to announce that from 1 September the car dealer financing special purpose vehicle ('Ozcar') will be activated and able to provide critical liquidity support to car dealership financ

The Treasurer, Wayne Swan MP and the Minister for Financial Services, Superannuation and Corporate Law, Chris Bowen MP, today announce changes to the supervision of Australia's financial markets th

Today the Government announces the removal of interest withholding tax (IWT) on Commonwealth Government Securities.

The story published on the front page of today’s Weekend Australian in relation to capital gains tax on family homes is factually incorrect.

The International Monetary Fund has today again commended Australia's response to the global recession, noting that "[t]he authorities' timely and significant macro policy response cushioned the

Today I am pleased to announce reforms to Australia's foreign investment screening framework which will support Australian jobs and economic growth, and position Australia for a more competitive re

The Australian Government today made an historic medical research funding announcement with the Queensland Government and Atlantic Philanthropies.

Today I announce the formal commencement of the Guarantee of State and Territory Borrowing.

I am pleased to announce the following reappointments to the Board of Taxation:

Today's Consumer Price Index (CPI) result shows that inflationary pressures continue to subside due to the global recession and the impacts it is having on the domestic economy.

Australian Treasurer Wayne Swan and New Zealand Finance Minister Bill English today made significant progress towards a Single Economic Market at their annual bilateral meetings held in Brisbane.

Economic updates released by the IMF overnight have revised upwards growth forecasts for the global economy, as well as key economies such as China, while confirming Australia has the strongest p

The Rudd Government today commits a further $3 million to move to the next stage of assessing the feasibility of a rail line between Maldon and Port Kembla via Dombarton.

New tax relief starting tomorrow will boost incentives for hard work, building on last year's tax cuts and the Government's economic stimulus payments to deliver substantial benefits to low and

I am pleased to announce the reappointment of Mr John Trowbridge as a full-time Member of the Executive Group of APRA for a further 12-month period from 1 July 2009.

The IMF has delivered another clear endorsement of the Rudd Government's actions to combat the global recession in its Article IV consultation statement released today.

The OECD Economic Outlook released today provides further evidence that Australia is outperforming every other advanced economy in the face of a savage global recession.