Media Releases

Final Budget Outcome shows first surplus in 15 years

22 September 2023

The Final Budget Outcome for 2022‑23 [PDF 2.6MB] shows the Albanese Government’s responsible economic management and spending restraint has delivered the first budget surplus in 15 years.

Consultation begins on new laws to improve tax integrity

20 September 2023

The Albanese Government is taking a strong stance against blatant misconduct in our tax advice industry and has today released draft legislation designed to strengthen our tax system and give greater powers to our regulators.

Australia's economic management receives strong endorsement

20 September 2023

Australia has today received a resounding endorsement of its responsible economic and budget management.

National Accounts – June quarter 2023

06 September 2023

The National Accounts show the Australian economy remaining sturdy in the face of unrelenting pressure.

Appointment of Productivity Commission Chair

06 September 2023

The Albanese Government will recommend to the Governor General that Danielle Wood be appointed as the next Chair of the Productivity Commission for a term of five years.

Monthly CPI shows inflation continues to moderate

30 August 2023

The ABS’s monthly CPI indicator rose 4.9 per cent in the 12 months to July, the lowest outcome since February 2022.

Australian Securities and Investment Commission appointments

25 August 2023

The Albanese Government has appointed Simone Constant, Alan Kirkland and Katherine O’Rourke as full-time members of the Australian Securities and Investment Commission for a term of five years.

A more dynamic and competitive economy

23 August 2023

The Albanese Government is undertaking a review of competition policy settings to help build a more dynamic and productive economy.

Solid wages growth in June quarter

15 August 2023

New figures today confirm solid wages growth under the Albanese Labor Government.

Government taking decisive action in response to PwC tax leaks scandal

06 August 2023

The Albanese Government will oversee the biggest crackdown on tax adviser misconduct in Australian history.