Media releases

Today I announce that all 144 retail banks, building societies and credit unions have signed up to the Government's Principles to assist borrowers who are experiencing financial difficulty as a res

Today's National Accounts show the Australian economy has outperformed every other advanced economy in the March quarter, recording positive growth in the face of a savage global recession.

Today's release of the Balance of Payments shows the ABS estimates a further significant narrowing in the current account deficit in the March quarter to $4.6 billion.

The Assistant Treasurer, Chris Bowen MP, has today outlined the key principles that will underpin the consultation process on the Budget measure that deals with the taxation arrangements surround

Today I joined with the Chief Minister, Paul Henderson, and Federal Member for Solomon, Damian Hale to visit the Port of Darwin to discuss equity funding for the Darwin Port Expansion.

Today I welcome the announcement of funding for the new 13 kilometre Gold Coast Light Rail from Griffith University to Broadbeach. The $894 million project will:

I am pleased to announce the Rudd Government has agreed to activate the Car Dealer Financing Special Purpose Vehicle to help secure the immediate future of Ford Credit in Australia and its 230 de

On 25 March 2009, the Rudd Government announced that it is taking action to support jobs and protect vital infrastructure development from the global recession by providing a time-limited, volun

The 2009-10 Budget has been framed against the backdrop of the most challenging global economic environment since the Great Depression.

The 2009-10 Budget has been framed against the backdrop of the deepest global recession since the Great Depression.

The Rudd Government today announces important new measures to improve the integrity of the tax system and protect Commonwealth revenues needed to support jobs and invest in nation-building in the f

The Rudd Government today announces new measures to help ensure everyone pays their fair share of tax by better targeting eligibility for the employee share scheme tax concessions.

The Rudd Government today announces that Australia will join with other countries to ensure that the International Monetary Fund (IMF) and the Asian Development Bank (ADB) have resources availabl

The Australian Government recognises the impact of the global recession on the incomes of self-funded retirees and is providing extra assistance in the 2009-10 Budget.

The Rudd Government will simplify and enhance the Research and Development (R&D) Tax Concession so that it provides better incentives and more support for Australian jobs in the face of the

The Rudd Government will provide another major boost to its highly successful Small Business and General Business Tax Break, providing vital stimulus to support jobs and help small businesses do

The Government is pleased to launch today the Australia's Future Tax System (AFTS) Report on the retirement income system prepared by the AFTS Review Panel.

The Rudd Government will take important steps to reform family payments to make them more sustainable for the long-term.

Australia’s single pensioners will receive increases of up to $32.49 a week as part of the Australian Government’s Secure and Sustainable Pension Reforms.

Pension payments will be simpler, fairer and more flexible under the Australian Government’s Secure and Sustainable Pension Reforms.