Media Releases

Reserve Bank says energy plan is working

10 February 2023

The independent Reserve Bank has today confirmed that the Albanese Government’s energy plan is helping moderate inflation in our economy.

Productivity Commission inquiry to consider universal early education system

09 February 2023

The Australian Government is taking the next step in considering how to build an affordable, accessible, high quality, universal early education system.

Making crypto safer for consumers

03 February 2023

The Albanese Government is acting to ensure the regulation of crypto assets protects consumers and positions our economy to take advantage of new digital products and services.

IMF backs Australia’s responsible economic plan

02 February 2023

The International Monetary Fund has overnight strongly endorsed Australia’s responsible economic management at a time of growing uncertainty for the global economy.

Better support for our community's most vulnerable

21 December 2022

An innovative program helping to bridge the gap between people doing it tough and Australia’s social security system is being extended to the electorate of Rankin.

Appointment to Financial Reporting Council

18 November 2022

The Albanese Government has today appointed Ms Emma Herd as a part‑time member of the Financial Reporting Council (FRC) for a three‑year period, bringing valuable climate and sustainability expertise to the regulator.

Ms Herd is currently a partner at Ernst and Young Oceania in the area of climate change and sustainability services. She has 20 years’ experience in the fields of finance, sustainability and non‑financial reporting with specialisation in commercial climate change finance and investment.

A welcome pick-up in wages, but more work to be done

17 November 2022

The Albanese Government welcomes new figures today showing wages growing at their fastest pace in more than 9 years.

The Wage Price Index rose 3.1 per cent in the year to September, according to data released by the Australian Bureau of Statistics.

IMF endorses Australia's responsible Budget and economic strategy

16 November 2022

Today the IMF has backed the Albanese Government’s responsible approach to the Budget and economic management in an assessment following its annual consultations.

The IMF confirms that the Budget was responsible, right for the times, and readies Australia for the future.

$50 million to boost global pandemic preparedness and response

13 November 2022

Australia is contributing $50 million to the Pandemic Fund—a new global Financial Intermediary Fund to improve future pandemic prevention, preparedness and response.

The Pandemic Fund is the culmination of global efforts to ensure the world learns lessons from COVID-19.

G20 Joint Finance and Health Ministers’ Meeting in Indonesia

12 November 2022

Today I will travel to Indonesia to attend the G20 Joint Finance and Health Ministers Meeting and to accompany the Prime Minister to the B20 Summit from 12 to 14 November 2022.

The meetings come at a critical time for the global economy and our region, and provide an important opportunity to discuss global conditions and forge deeper international collaboration.