Media Releases

NOMINATIONS TO INTERNATIONAL MONETARY FUND AND THE WORLD BANK
22 July 2022
The Albanese Government will nominate Rob Nicholl for appointment as the Executive Director at the International Monetary Fund and Kerstin Wijeyewardene as the Alternate Executive Director at the World Bank for two year terms starting in November.
Increase to foreign investment fees and penalties
22 July 2022
The Albanese Labor Government is delivering on its election commitment to increase foreign investment fees and penalties.
Reserve Bank Appointment
20 July 2022
Mark Barnaba AM has agreed to serve another year on the Reserve Bank Board at my request.
Review of the Reserve Bank
20 July 2022
Today I announce the first wide‑ranging review of the Reserve Bank of Australia since the current monetary policy arrangements were instituted in the 1990s.
ACCC appointment
14 July 2022
The Albanese Government has today nominated Ms Catriona Lowe to be a Deputy Chairperson of the Australian Competition and Consumer Commission (ACCC) for a five‑year period starting on 27 January 2023.
Finance Ministers and Central Bank Governors G20 Meeting
14 July 2022
I am attending the G20 Finance Ministers and Central Bank Governors Meeting in Indonesia with Reserve Bank Governor Philip Lowe from 15 to 16 July.
Jobs and Skills Summit to be held in September
11 July 2022
The Albanese Labor Government’s Jobs and Skills Summit will be held at Parliament House in Canberra on 1‑2 September.
RBA Interest Rates Decision 05/0722
05 July 2022
Today’s decision by the independent Reserve Bank to increase interest rates by half a percentage point is very challenging news for hardworking Australians already doing it tough.
A Super Increase For Hardworking Australians
01 July 2022
From today, Australian workers will benefit from a boost to their superannuation.
Joint Statement To Mark The 30th Anniversary Of Compulsory Superannuation
01 July 2022
Today marks the 30th anniversary of one of Australia’s greatest assets and one of Labor and the union movement's proudest legacies - our nation's world-class superannuation system.