CANBERRA, ACT, June 3 -- The Treasurer of Australia issued the following media release: Today's National Accounts show the Australian economy grew 0.3percent in the March quarter, to be 2.5percent higher through the year. This is very solid in the circumstances. This is the equal fastest pace of annual growth in almost threeyears. It shows how resilient our economy is at a time of substantial global economic volatility. The biggest takeaway of today's National Accounts is that all of the gr...
CANBERRA, ACT, June 3 -- Australian Federal Police issued the following media release: This is a joint release between the Australian Federal Police, Western Australia Police Force, Australian Border Force, Australian Criminal Intelligence Commission and AUSTRAC Editor's note: Images available via Hightail Three people have been charged over their alleged roles in a plot to smuggle an alleged Queensland fugitive out of Australia from Western Australia. The Western Australia Joint Organised ...
CANBERRA, ACT, June 3 -- Australian Federal Police issued the following media release: This is a joint media release between the Australian Federal Police, Australian Border Force, Department of Home Affairs, AUSTRAC, and the Australian Taxation Office More than $580,000 has been forfeited to the Commonwealth as suspected proceeds of crime following an AFP-led investigation into an immigration visa fraud scheme linked to a Central Coast man, 61. The Supreme Court of NSW ordered the forfeiture...
CANBERRA, ACT, June 3 -- The Prime Minister of Australia issued the following media release: * Solomon Islands and Australia share longstanding and growing ties, embedded in our ancient cultural connections, shared geography, faith, and a history of standing together in challenging times.* Prime Minister Albanese was honoured to host Prime Minister Wale on his first international visit since his appointment on 15 May 2026.* Our countries have a relationship spanning economic, development and se...
SYDNEY, June 2 -- Australian Prudential Regulation Authority issued the following media release: The Australian Prudential Regulation Authority (APRA) has released a letter to Minimum Liquidity Holding authorised deposit-taking institutions on the liquidity treatment of deposits placed with settlement service providers (SSPs). This letter responds to feedback and finalises the FAQ relating to the treatment of deposits placed with SSPs. The letter to industry is available on the APRA website a...
CANBERRA, ACT, June 2 -- The Treasurer of Australia issued the following transcript: Note Joint press conference with The Hon Amanda Rishworth MP Minister for Employment and Workplace Relations Subjects: Fair Work Commission's annual wage review, tax legislation Amanda Rishworth: Well, today the government welcomes the Fair Work Commission's decision to award a 4.75percent increase to the 2.7million award‑reliant workers in this country. This represents a real wage increase supporti...
CANBERRA, ACT, June 2 -- The Treasurer of Australia issued the following transcript: Note Subjects: Budget, housing, One Nation polling Sally Sara: Well, federal MPs return to federal parliament today with the lower house set to debate the government's proposed changes to negative gearing and the capital gains tax discount. But the prospect of a downturn in the housing market has complicated the pitch to young voters. Jim Chalmers is the federal Treasurer. Treasurer, welcome back to Radio N...
CANBERRA, ACT, June 2 -- The Treasurer of Australia issued the following transcript: Note Subjects: wages, national accounts, housing investment Jim Chalmers: Well it's an important week in the parliament. This week is all about higher wages and lower taxes for workers and a fair go for first‑home buyers. Our economic plan is all about lifting wages, cutting taxes, making it easier for first‑home buyers to get a toehold in the market. Our opponents have a very different strateg...
CANBERRA, ACT, June 2 -- The Treasurer of Australia issued the following transcript: Note Subjects: wages, Budget legislation, fuel excise Emma Rebellato: But first, millions of Australians will find out later today what sort of pay rise they're going to get as the Fair Work Commission hands down its newest decision on wages. Now this all comes as the government continues to pursue its major changes to capital gains tax and negative gearing in a bid to tackle housing affordability. Treasur...
CANBERRA, ACT, June 2 -- The Treasurer of Australia issued the following transcript: Note Subjects: Budget legislation, Treasury Secretary, housing reforms, tax reforms, wages Sarah Abo: We're joined this morning by Treasurer Jim Chalmers live in Canberra. Treasurer, good morning to you. Good to see you. JIM CHALMERS: You too, Sarah. Abo: So, are you playing God when it comes to these new tax policies, giving yourself the power decide which assets are eligible for CGT discounts? Chalmer...