CANBERRA, ACT, Dec. 5 -- The Treasurer of Australia issued the following media release: The Hon NicolaWillis, Minister of Finance and Minister for Economic Growth and the Hon SimonWatts, Minister of ClimateChange and Minister for Energy, welcomed the Hon DrJimChalmersMP, Treasurer and the Hon ChrisBowenMP, Minister for ClimateChange and Energy to Auckland on 5December 2025 for the third Australia‑New ZealandClimate and Finance Ministers' 2+2 Dialogue. Ministers agreed that climate action...
CANBERRA, ACT, Dec. 4 -- The Treasurer of Australia issued the following transcript: Note Subjects: military assistance to Ukraine, Russian ship sanctions, National Accounts Sally Sara: The federal government in Australia will provide an additional $95million in military assistance to Ukraine. It's Australia's first significant increase in military help to Ukraine in more than a year, bringing the total in defence support to $1.7billion since Moscow's full‑scale invasion began in 2022....
CANBERRA, ACT, Dec. 4 -- Australian Federal Police issued the following media release: Editor's note: Audio grabs, vision and images from the press conference and extradition are available via Hightail. A Canadian national, who was the former head of the Sam Gor syndicate, has been jailed for 16 years for his role in a conspiracy to traffic commercial quantities of illicit drugs within Australia from 2012 to 2013. The man, 62, sentenced by the Melbourne County Court today (4 December, 2025) t...
Belconnen, ACT, Dec. 4 -- ACT Policing issued the following media release: ACT Policing is seeking information following a serious assault last week which resulted in a man being transported to The Canberra Hospital with serious injuries. About 11:30pm on Sunday (30 November 2025), police attended Kanangra Court in Reid following reports of a disturbance. A man with serious injuries was located by police and ambulance assistance was immediate sought. The man was treated at the scene by ACT A...
Belconnen, ACT, Dec. 4 -- ACT Policing issued the following media release: Police are seeking witnesses after a pedestrian was hit by a carin the cityin September. About 4:45pm on Monday, 20 September 2025, a manwas crossing Mort Streetnear City Walkwhen he was struck by awhitevehicle. The man suffered minor injuries andfollowingenquiries, police areseeking any witnesses to the incident. Given the time and location of the incident, police believe there arewitnessesthat have not yet spoken to...
SYDNEY, Dec. 4 -- Australian Prudential Regulation Authority issued the following media release: The Australian Prudential Regulation Authority (APRA) has finalised consequential amendments to its bank prudential framework to phase out Additional Tier 1 (AT1) capital instruments - also known as hybrid bonds - as eligible regulatory capital. APRA confirmed in December last year its decision to phase out AT1, enabling the benefits of: * improved stabilisation in a crisis and reduced contagion r...
CANBERRA, ACT, Dec. 4 -- The Treasurer of Australia issued the following media release: We will travel to New Zealand today to meet our counterparts in Auckland to strengthen climate action, clean energy cooperation and regulatory alignment between Australia and New Zealand. This is all about working across the Tasman to seize the golden economic opportunities of the net zero transformation, boosting trade and investment and making our economies more resilient and productive. Delivering on ou...
CANBERRA, ACT, Dec. 3 -- The Treasurer of Australia issued the following transcript: Note Subjects: National Accounts data, Communications Minister's international engagement with the UN Kieran Gilbert: Treasurer Jim Chalmers joins us off the back of the growth figures today, softer than many had expected. Are you worried we're seeing a scenario, Treasurer, where capacity constraints are preventing the economy growing any stronger without driving up inflation? Jim Chalmers: Well, these are...
CANBERRA, ACT, Dec. 3 -- The Treasurer of Australia issued the following transcript: Note Subjects: Communications Minister's international engagement with the UN, National Accounts, budget management, Coalition's policy for higher energy prices, AI investment Sarah Ferguson: Treasurer, welcome to 7:30. Jim Chalmers: Thanks very much, Sarah. Ferguson: As we just saw, Anika Wells spent $100,000 flying herself and 2 others to New York to host an event on Australia's social media ban. You'v...
CANBERRA, ACT, Dec. 3 -- The Treasurer of Australia issued the following transcript: Note Subjects: National Accounts data, MYEFO, energy bill rebates, Economic Reform Agenda, housing, social media ban Patricia Karvelas: Let's begin today with the latest economic growth data from the ABS. Australia's economy grew by 0.4percent in the September quarter following growth of 0.7percent in the June quarter. It's below market expectations, but the annual rate is growing quicker than it has in more...