Media Releases

RBA: ECONOMIC GROWTH DOWNGRADED AGAIN

February 07, 2020

Today the Reserve Bank downgraded its forecasts for economic growth for the third time since the May 2019 election.

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WORKERS ALREADY PAYING THE PRICE FOR GOVERNMENT SUPER FREEZE

February 06, 2020

A new report shines a light on the price that Australian workers are paying for this Liberal National Government’s freezes to the Superannuation Guarantee.

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RETAIL TRADE PLUNGES

February 06, 2020

New data out today shows that retail trade plunged by 0.5 per cent in December and annual growth in retail values and volumes is weak.

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RBA: “NOTICEABLE STEP DOWN” IN WAGES GROWTH

February 05, 2020

RBA Governor Philip Lowe has today confirmed that the Australian economy was weak before the summer challenges of bushfires and the Coronavirus outbreak surfaced.

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RBA DECISION ON INTEREST RATES (FEBRUARY 2020)

February 04, 2020

Three interest rate cuts since the election have not been enough to turn around an economy which was slowing well before the bushfire crisis and the Coronavirus outbreak hit.

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STATEMENT ON THE DEPARTURE OF MR DAVID NEAL

February 04, 2020

On behalf of the Federal Labor Party, we thank Mr David Neal for his service as the Chief Executive Officer of the Future Fund Management Agency since 2014 and his prior service in the organisation from 2007.

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WE'LL PUT PEOPLE FIRST