CANBERRA, ACT, March 18 -- The Prime Minister of Australia issued the following media release: ANNE URQUHART, MEMBER FOR BRADDON: Thanks for being here. It's fantastic to be in Burnie, at Burnie TAFE with the Prime Minister this morning. It's always a pleasure to have him in Braddon. I love having you here to show off what we've got in this beautiful part of the country. We're here at Burnie TAFE to talk to a number of students and people around the Free TAFE, and I'm really excited that we hav...
CANBERRA, ACT, March 18 -- The Prime Minister of Australia issued the following media release: Thank you to your CEO James Voortman for the invitation to join you for breakfast this morning. And thank you to all of you for the contribution you make to our nation. This room represents: Over 3,800 dealerships. 64,000 jobs - including 7,500 apprenticeships. Tens of billions of dollars of economic activity. And behind all of it, people with the aspiration to build a business. The courage to ...
SYDNEY, March 18 -- Australian Prudential Regulation Authority issued the following media release: The Australian Prudential Regulation Authority (APRA) notes the successful completion of in1Bank Limited's (in1Bank) return of deposits process, following the transfer of the remaining tail of deposits today to Commonwealth Bank of Australia (CBA). in1Bank began returning deposits to its customers in January, after announcing it intended to cease being a bank and hand back its authorised deposit-...
CANBERRA, ACT, March 18 -- Australian Federal Police issued the following media release: Editor's note:Arrestvision andimageavailable via Hightail A Wollongong manhasappeared before the NSW Bail Division Courts(13March,2026) chargedwithpossessingand transmitting child abuse material. The man, 55, was granted conditional bail and is next scheduled to appear before Wollongong Local Court on 6May,2026. The AFP launched an investigationinFebruary,2026,following a reportto the Australian Centre t...
CANBERRA, ACT, March 18 -- Australian Federal Police issued the following media release: A NSW man is set to appear before Gilgandra Local Court in May (12 May, 2026) charged for using social media to allegedly menace, harass and offend a federal parliamentarian. The AFP charged the man, 55, today (18 March, 2026) after an investigation into a social media comment which allegedly menaced the federal parliamentarian. AFP officers executed a search warrant at aGilgandra property with the assist...
CANBERRA, ACT, March 18 -- The Treasurer of Australia issued the following transcript: Note Subjects: interest rates, economic growth, capital gains tax, Middle East conflict Peter Stefanovic: Joining us live now is the Treasurer, Jim Chalmers. Treasurer, thanks for your time this morning. So, do you accept any blame for this latest hike? Jim Chalmers: Good morning, Pete. I take responsibility for my part in the fight against inflation, and inflation is too high in our economy, that was th...
CANBERRA, ACT, March 18 -- The Treasurer of Australia issued the following transcript: Note Subjects: Donald Trump comments, Middle East conflict, inflation, tax Sally Sara: The Reserve Bank has hiked interest rates for the second time this year, bringing the cash rate to 4.1percent. The most recent data had inflation running at an annual rate of 3.8, but with the conflict in the Middle East pushing up energy prices, there are expectations that inflation could go higher. Jim Chalmers is the ...
CANBERRA, ACT, March 18 -- The Treasurer of Australia issued the following transcript: Note Subjects: interest rates, savings Sarah Abo: Well the Reserve Bank is this morning warning a recession may be the only way to drive inflation out of the economy. To discuss, Treasurer Jim Chalmers joins us live now from Canberra. Good morning to you, Treasurer. So, Australia now has the highest interest rates in the Western world. How does that sit with you? Jim Chalmers: Good morning, Sarah. You've...
CANBERRA, ACT, March 18 -- The Treasurer of Australia issued the following transcript: Note Subjects: RBA decision, government spending, impact of conflict in the Middle East Matt Shirvington: In a split decision the RBA lifted its official rate to 4.1percent with the average Aussie mortgage increasing by $2,800 a year- yes, 2,800. For more we're joined by Treasurer, Jim Chalmers. Good morning to you. The Opposition is saying you're not making the tough decisions here, you're spending too m...
CANBERRA, ACT, March 18 -- The Treasurer of Australia issued the following transcript: Note Subjects: interest rate hikes, rising fuel costs, capital gains tax discount James Glenday: Now the Treasurer, Jim Chalmers, says he is not expecting a recession and that is despite the Reserve Bank warning that it may be a possibility in a bid to rein in inflation exacerbated by rising fuel costs and the war in Iran. The Treasurer joins us now from Canberra. Jim Chalmers, welcome back to News Breakf...