CANBERRA, ACT, April 2 -- The Prime Minister of Australia issued the following media release: The Albanese Government is taking strong action to protect Australians, particularly children and young people, from the harms of gambling. New reforms include restrictions on gambling advertising and a crackdown on dodgy operators to protect vulnerable Australians. The reforms will minimise children's exposure to gambling harm by stopping the deluge of advertisements through: * Restricting gambling...
CANBERRA, ACT, April 2 -- The Prime Minister of Australia issued the following media release: The Albanese Labor Government is bringing forward $6.15 billion in concessional capital to support Australian businesses affected by global disruptions. This accelerated delivery of funds will help protect local manufacturing and supply chain businesses from market disruptions, and support investments in increased production capability, capacity and decarbonisation efforts. The $1 billion Economic Re...
CANBERRA, ACT, April 2 -- The Prime Minister of Australia issued the following media release: I begin by acknowledging the traditional owners of the land on which we meet and I pay my respects to elders past, present and emerging. I acknowledge all my wonderful colleagues here with us today. This is a testing time for our nation. The war in the Middle East has caused the biggest increase in petrol and diesel prices, in history. Australia is not an active participant in this war. We did exp...
CANBERRA, ACT, April 2 -- The Prime Minister of Australia issued the following media release: Today the states and territories agreed to work with the Albanese Government to forgo increased GST revenue on fuel transactions, locking in more relief for motorists. This will provide another $400 million of fuel relief and will be delivered through additional 10.9 per cent cut to the fuel excise for three months, which is a further 5.7 cents per litre cut. Combined with the halving of fuel excise ...
CANBERRA, ACT, April 2 -- The Prime Minister of Australia issued the following media release: JANE NORMAN, NATIONAL PRESS CLUB DIRECTOR:Prime Minister, thank you for your address today. It's very detailed and lots of questions will be coming from the journalists here today, but I wanted to start by asking about the crisis we're currently in and the wakeup call that I feel it's presented Australia. As you say, we're an island nation. We import the vast majority of our liquid fuels. We're at the ...
SYDNEY, April 2 -- Australian Prudential Regulation Authority issued the following media release: The Australian Prudential Regulation Authority (APRA) has released a letter to Minimum Liquidity Holdings (MLH) authorised deposit-taking institutions (ADIs) on the liquidity treatment of deposits placed with settlement service providers (SSPs). The letter seeks to clarify the treatment of deposits placed with SSPs. APRA invites stakeholder feedback on the draft FAQ. The letter to industry is ava...
CANBERRA, ACT, April 2 -- Australian Federal Police issued the following media release: Editor's note: B-roll of AFP and ABF airport patrols as well as video grabs are available via Hightail. Don't be a bad bunny! That's the message from the AFP as it increases patrols at major airports this holiday season to help passengers safely reach their destinations. The patrols come as airports brace for the holiday travel season kicking off this week and running through until the end of t...
CANBERRA, ACT, April 1 -- The Treasurer of Australia issued the following media release: The Albanese Labor Government is working with the business and finance sectors to help ease the pressure on Australian families and small businesses. The economic fallout of the war in the Middle East is affecting everyone, but by working together, we can help to shield Australians from some of the worst impacts. We're coordinating action by regulators, industry and the broader community to help Australia...
CANBERRA, ACT, April 1 -- The Treasurer of Australia issued the following transcript: Note Subjects: support for small business, May Budget, resource taxes, fuel excise, Donald Trump Kieran Gilbert: Jim Chalmers, thanks for your time. Amid this oil shock that's continuing, a lot of households and small businesses as you've touched on today are feeling it. What is your message, first of all, to the Australian Tax Office? Jim Chalmers: Well, we've asked the Australian Tax Office to be as sup...
CANBERRA, ACT, April 1 -- The Treasurer of Australia issued the following transcript: Note Subjects: government and private sector steps to help families and small businesses, Treasury economic modelling, AI investment, GST disputes, fuel reserves and excise cut Jim Chalmers: Thanks for joining us. I'm here with the Small Business Minister, Anne Aly, Bran Black, the head of the BCA, Skye Cappuccio from COSBOA, Simon Birmingham, from the ABA as well. We've got a bit to run through today to gi...