Media releases

The Rudd Government today announced the establishment of a new company to build and operate a new super fast National Broadband Network.

This week the Tax Bonus component of the Rudd Government's plan to stimulate the Australian economy will begin to flow, supporting jobs until the Government's direct investments in schools, road

Today I announce a new agreement between the Australian Government and the four major banks, to assist borrowers who are experiencing financial difficulty as a result of the global recession.

The latest forecasts provided by the OECD and World Bank demonstrate the rapidly deteriorating global economic conditions Australia now confronts.

Today I approve the application by Hunan Valin Iron and Steel Group for up to a 17.55 per cent shareholding in Fortescue Metals Group, subject to the formal and strict undertakings I have sought

Today I will meet with the Japanese Finance Minister, Kaoru Yosano, and Bank of Japan Governor, Masaaki Shirakawa in Tokyo, to discuss the impact of the global recession on the Asian region, incl

Today we announce that the Rudd Government will provide a further $720 million of cash-flow relief for small businesses, self-funded retirees and small superannuation funds doing it tough in the fa

Today I advise of progress in my consideration of the takeover proposal by China Minmetals Non-Ferrous Metals Co Ltd for 100 per cent of Oz Minerals Ltd.

Today I visited the Arnott's Virginia bakery with Campbell Arnott's Asia Pacific President Mr Mark Alexander and Mr Lindsay Fox to discuss its major new investment at the site.

The Rudd Government will take further action to support jobs and protect vital infrastructure plans from the global recession by providing a time-limited, voluntary guarantee over state governmen

The International Monetary Fund (IMF) has drastically revised down its forecast for the global economy in its latest update on the global outlook, and has called for concerted policy actions to r

The Rudd Government has today tasked the Productivity Commission (PC) with examining Australia's framework in relation to the remuneration of directors and executives.

Today Treasurer, Wayne Swan, and Minister for Superannuation and Corporate Law, Senator Nick Sherry, announced reforms aimed at curbing excessive "golden handshakes" - or termination payments - p

This weekend I will be representing Australia at the meeting of G‑20 Finance Ministers in the United Kingdom, as well as meeting with key international bodies such as the IMF and World Bank, as par

Today's National Accounts are a sobering reflection of the extremely difficult global environment in which Australia's economy is operating.

Today's release of the Balance of Payments shows a further significant narrowing in the current account deficit (CAD) in the December quarter to $6.5 billion, representing 2.2 per cent of Septemb

Today I am delighted to announce the inaugural winners of the Westpac Community Treasurers' Awards. The awards were launched in July 2008.

Today I am releasing for public comment draft legislation and explanatory materials for the Small Business and General Business Tax Break announced as part of the Government's $42 billion Nat

I am pleased to announce the appointment of Mr Ahmed Fahour as interim Chief Executive Officer (CEO) of the Australian Business Investment Partnership (ABIP).

Today I am announcing that the Commonwealth Government will seek to amend the Foreign Acquisitions and Takeovers Act 1975 (the Act).