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.

From today, Australian workers will benefit from a boost to their superannuation.

Today marks the 30^th 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.

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

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.

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

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

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.

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.