Michael Brennan has advised the Government he will not seek reappointment as Chair of the Productivity Commission.

New numbers today show more sustained and stronger wages growth under the Albanese Labor Government.

The Albanese Government’s responsible Budget has been endorsed by Fitch Ratings, which has affirmed Australia’s triple‑A credit rating.

More than five million households and one million small businesses will be eligible for Energy Price Relief Rebates from July 1, as part of the Albanese Labor Government’s responsible and targeted plan to reduce cost‑of‑living pressures.

The centrepiece of the Albanese Labor Government’s second Budget is a $14.6 billion cost‑of‑living package over four years that will ease pressure on Australians while putting downward pressure on inflation.

The Albanese Labor Government will deliver the most meaningful and significant overhaul to the way Australia tackles entrenched disadvantage in our nation’s history – partnering with philanthropists, empowering communities and enhancing place‑based approaches, including action in the early years.

The Albanese Government’s second Budget will help to unlock Australia’s potential as a renewable energy superpower with significant investments in clean energy industries and jobs.

The Albanese Labor Government is increasing working‑age and student payments and Commonwealth Rent Assistance, as part of the Budget’s $14.6 billion cost‑of‑living package.

The Albanese Government’s second Budget is ensuring Australia can reach its potential as a renewable energy superpower, with $2 billion for a new Hydrogen Headstart program to scale up development of Australia’s renewable hydrogen industry.

The Albanese Government is taking action to drive down household and business energy costs and make homes and businesses cheaper to run.