Media Releases

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.

Tomorrow's Minimum Wage Increase A Win For Women, Part Time Workers And The Heroes Of The Pandemic

30 June 2022

Around 2.8 million Australians are about to get the pay rise they need and deserve – because the Albanese Labor Government fought for it.

Moody's Affirms Australia's AAA Credit Rating

28 June 2022

Rating agency Moody’s has affirmed Australia’s AAA credit rating, citing Labor’s productivity enhancing reforms that focus on lifting women’s participation in the workforce through support for child care and gender pay equity, investment in skills and training, infrastructure, innovation and cleaner and cheaper energy.

Australia Committed To Supporting Future Pandemic Preparedness And Response

22 June 2022

The Australian Government will contribute funding towards a new Financial Intermediary Fund (FIF) for pandemics which will be established at the World Bank, as part of our commitment to protecting against the impact of future pandemics.

Crypto Not Taxed As Foreign Currency

22 June 2022

Crypto currencies will continue to be excluded from foreign currency tax arrangements under the Albanese Government.

A Pay Rise For Australian Workers

15 June 2022

Australia’s low-paid workers will be better off because the Albanese Labor Government fought to get them a pay rise.

Letter To ACCC On Electricity And Gas Price Rises

06 June 2022

I’ve written to the ACCC expressing my deep concern about skyrocketing electricity and gas prices and the impact this is having on households and industry.

Government’s Annual Wage Review Submission

03 June 2022

Today the Albanese Labor Government has recommended to the Fair Work Commission’s Expert Panel conducting the Annual Wage Review that they ensure that the real wages of Australia's low‑paid workers do not go backwards.