Media Releases

European Bank for Reconstruction and Development nomination

30 September 2022

Today I announce Ms Katherine Tuck has been nominated as the full‑time Director to the European Bank for Reconstruction and Development (EBRD) commencing from 16 January 2023 to 31 July 2024.

Work commences on Employment White Paper

29 September 2022

The Albanese Government has today released the terms of reference for the Employment White Paper that will guide the future of Australia’s skills and labour market.

Final Budget Outcome 2021-22

28 September 2022

The Final Budget Outcome for 2021-22 shows an improved Budget position last year off the back of a near-term boost in revenues and delays in payments and projects.

Proposed community bank mergers

23 September 2022

Today I am announcing my approval of two proposed mergers of customer‑owned community banks under the Financial Sector (Shareholdings) Act 1998, the Financial Sector (Transfer and Restructure) Act 1999, and the Banking Act 1959.

October Budget to fund childcare price inquiry

21 September 2022

The Albanese Labor Government will launch a 12-month inquiry into the rising cost of childcare in Australia starting in early 2023.

Strengthening economic cooperation with Indonesia

19 September 2022

Today I met with Indonesian Finance Minister Sri Mulyani Indrawati to sign a Memorandum of Understanding (MoU) that strengthens the economic cooperation between our two countries,

National Accounts - June Quarter 2022

07 September 2022

Today’s National Accounts reflect an economy rebounding from the disruption of the pandemic but held back by capacity constraints, skills shortages, and declining real wages.

Outcomes of the Jobs and Skills Summit

02 September 2022

The Jobs and Skills Summit has brought Australians together to agree on immediate actions to help build a stronger economy and a stronger Australia.

Exposure draft legislation: Small business tax incentives

22 August 2022

Draft legislation released today will introduce two tax incentives that support small businesses to train and upskill employees, and improve their digital and tech capacity.

Work underway on crypto asset reforms

22 August 2022

The Albanese Government will improve the way Australia’s regulatory system manages crypto assets, to keep up with developments and provide greater protections for consumers.