CANBERRA, ACT, May 28 -- The Treasurer of Australia issued the following media release: Today, the Albanese Government is introducing legislation to deliver more tax cuts for Australian workers and tax reform to help more Australians own a home of their own. This is all about helping more Australians get ahead and backing the Australian ambition of home ownership. For too long it's been too hard for Australians, particularly younger Australians, to buy a home of their own and this government ...
CANBERRA, ACT, May 28 -- The Treasurer of Australia issued the following media release: New figures released by the ABS today show private sector investment is soaring under the Albanese Labor Government. Capital expenditure has far exceeded market expectations, with billions more being poured into productive investments. This is good news for Australian businesses and good news for our economy. New private capital expenditure (capex) grew very strongly at 6.5percent in the March quarter - m...
CANBERRA, ACT, May 28 -- Australian Federal Police issued the following media release: The AFP has charged a Darwin teenager over alleged possession and online transmission of violent extremist material promoting nationalist ideology. The youth, 16, is expected to appear in the Youth Justice Court in Darwin today (28 May, 2026) after he was charged yesterday (27 May, 2026). The AFP's National Security Investigations team (NSI) began an investigation in December, 2025, after a report was made ...
CANBERRA, ACT, May 28 -- Australian Federal Police issued the following media release: This is a joint release between AFP, Victoria Police and ASIOEditor's Note: Vision of the arrest is available via Hightail A Victorian woman who returned to Australia in September 2025 has been charged by the Victoria Joint Counter Terrorism Team (JCTT) for allegedly entering and remaining in a declared conflict zone and joining ISIS. The woman, 34, is expected to face Melbourne Magistrates' Court today (28...
SYDNEY, May 28 -- Australian Prudential Regulation Authority issued the following media release: The Australian Prudential Regulation Authority (APRA) will keep its macroprudential policy settings steady following its latest review of domestic and international financial conditions and risks. APRA's macroprudential policy tools are aimed at mitigating financial stability risks at a system-wide level to promote a safe and stable financial system that enables households and businesses to confide...
SYDNEY, May 28 -- Australian Prudential Regulation Authority issued the following media release: The Australian Prudential Regulation Authority (APRA) has released its Quarterly Superannuation Performance publication report for the March 2026 quarter. Key statistics for the superannuation industry as at 31 March 2026: -March 2025March 2026ChangeTotal superannuation assets$4,111.4 billion$4,437.9 billion+7.9%Total APRA-regulated assets$2,890.7 billion$3,141.1 billion+8.7%Total self-managed sup...
CANBERRA, ACT, May 27 -- The Treasurer of Australia issued the following media release: New figures from the Australian Bureau of Statistics show that inflation moderated in April by more than expected. The moderation in today's figures was better than the median expectation of the market. While this tick down in inflation is welcome, it remains much higher than we'd like and that's why it's a big focus for the government. We already had an inflation challenge in our economy before the confl...
SYDNEY, May 27 -- Australian Prudential Regulation Authority issued the following media release: The Australian Prudential Regulation Authority (APRA) has confirmed plans to formally introduce a three-tiered approach to proportionality in its prudential framework for banking. The measure is one of a number of reforms APRA moved to introduce as part of its response to the Council of Financial Regulators' Review into Small and Medium-Sized Banks. The CFR review was undertaken in consultation wit...
CANBERRA, ACT, May 27 -- The Treasurer of Australia issued the following transcript: Note Subjects: latest inflation data, changes to capital gains tax, concessions for small business Jim Chalmers: Inflation came down more than expected in April, and that's a good thing, but we know that inflation is still too high in our economy. We've had an inflation challenge in our economy, which is made worse by the war in the Middle East. And what we see in these numbers is some encouraging numbers, b...
CANBERRA, ACT, May 27 -- The Prime Minister of Australia issued the following media release: Prime Minister Anthony Albanese will welcome the Prime Minister of Solomon Islands, The Hon Matthew Wale CBE, to Canberra for a Leaders' Meeting on Wednesday, 3 June 2026. The visit will mark Prime Minister Wale's first official international visit since taking office in May 2026, and follows a phone call between leaders on Friday, 15 May 2026. Prime Minister Wale will be accompanied by senior Cabinet...