Media releases

The 2012-13 Budget delivers major tax reforms to improve the fairness and efficiency of the tax system and provide relief to households and businesses not in the fast lane of the mining boom.

The Government will raise the low-income thresholds for the Medicare Levy and Medicare Levy Surcharge as part of the 2012-13 Budget, reinforcing the Government's commitment to supporting low-inco

As a Queenslander, my heart goes out to those whose lives have been devastated thanks to Mother Nature in recent years.

The Gillard Government will provide new business tax relief with a loss carry-back initiative to help businesses facing pressures in our patchwork economy and encourage them to invest and grow.

The Gillard Government's life-saving National Bowel Cancer Screening Program will be expanded under the 2012-13 Budget to provide additional screenings to people aged 60 and 70.

A major forum on the Australian economy will be held next month to continue the national discussion on the challenges to our economy posed by the high dollar, and how we can keep our economy str

Today's inflation data show a moderation in both headline and underlying inflation through the year to March, with underlying inflation remaining well contained at the lower end of the Reserve B

Today the first interim report of the independent GST Distribution Review - being conducted by the Hon John Brumby, Mr Bruce Carter and the Hon Nick Greiner AC (the Panel) - has been released.

Australia, Singapore, Republic of Korea and the United Kingdom will make contributions to the International Monetary Fund as part of a broad-based global effort at the IMFC/G20 2012 Spring Meetings

Today I will begin key meetings in Washington with my fellow G20 Finance Ministers to assess global economic conditions ahead of next month's Budget, and progress measures to inject confidence i

Today the Government releases the final report of the Council of Financial Regulators (the Council) outlining its proposed next steps towards the implementation of Australia's G20 commitment to i

The Government today is pleased to announce its initial response to the Final Report of the Advisory Panel on the Economic Potential of Senior Australians (EPSA).

The IMF's World Economic Outlook (WEO) confirms that our economic fundamentals are strong with the Australian economy expected to outperform every major advanced economy over the next two years.

Today the Gillard Government is pleased to release the report of the independent Clean Energy Finance Corporation (CEFC) Expert Review, and announce that the Government supports all the recommend

Today I am releasing the independent Business Tax Working Group's Final Report on the Tax Treatment of Losses.

I am pleased to announce the appointment of Mr Brian Wilson as Chair of the Foreign Investment Review Board (FIRB).

The Treasurer will deliver the 2012-13 Budget on Tuesday 8 May 2012, with his Budget speech beginning in the House of Representatives around 7.30 pm (AEST).

Today I release the Council of Financial Regulator's recommendations on reforms to the oversight of Australia's financial market infrastructure to ensure we continue to protect the interests of inv

The Government last night delivered an historic reform to share the benefits of the mining boom and deliver a fair return to Australians from the development of the nation's resource wealth.

The Gillard Government has today launched the MoreSuper.gov.au website to help Australians assess the improvement in their retirement savings that will be delivered as part of the Minerals Resou