Media Releases

A responsible Budget in uncertain times (1)

09 May 2023

The 2023‑24 Budget continues the Albanese Government’s work to strengthen the nation’s finances while laying the foundations for a stronger, fairer and more resilient economy into the future.

Stronger foundations for a better future

09 May 2023

The Albanese Government’s 2023‑24 Budget addresses the immediate challenges Australians are facing, better shares the opportunities in our society and builds a stronger and more secure economy.

Changes to the Petroleum Resource Rent Tax

07 May 2023

The Albanese Government will introduce changes to the Petroleum Resource Rent Tax (PRRT) to deliver a fairer return to the Australian community from their natural resources.

Introducing payday super

02 May 2023

The Albanese Government will require super to be paid on payday, a reform that will benefit the retirement incomes of millions of Australians.

Small Business Energy Incentive

30 April 2023

Small business operators will be front and centre in next month’s Budget with a new tax incentive to help propel their energy transformation.

Superannuation tax breaks

28 February 2023

The Albanese Government is making Australia’s world‑class superannuation system more sustainable and fairer with one modest change that affects less than 0.5 per cent of all Australians.

Release of Tax Expenditures and Insights Statement

28 February 2023

Today I release a revamped Tax Expenditures and Insights Statement with new information on concessions, credits, deductions and other features of Australia’s tax system.

G20 meeting in Bengaluru, India

23 February 2023

Today I will depart for the G20 Finance Ministers’ and Central Bank Governors’ Meeting in Bengaluru, India.

Welcome progress on wages growth

22 February 2023

The Albanese government welcomes new figures today showing wages growth has picked up even further since the change of government.

Consultation begins on legislating objective of super

20 February 2023

The Albanese Government is taking the next step towards legislating an objective for superannuation.