CANBERRA, ACT, May 12 -- The Treasurer of Australia issued the following media release: The Albanese Labor Government is delivering a comprehensive package to boost productivity and reduce regulatory costs in this year's Budget. Boosting productivity is central to this Budget because it's the best way to lift wages and living standards for Australians. Our comprehensive package to boost productivity and reduce regulatory costs will make it easier to build, easier to do business and easier to ...
CANBERRA, ACT, May 12 -- The Treasurer of Australia issued the following media release: The Albanese Labor Government is taking decisive action in the Budget to boost housing supply, make our tax system fairer to help more Australians into homeownership and build on our work over the last fouryears to build more houses. This is about building more homes, helping more Australians realise the dream of homeownership and giving younger Australians a leg up in the housing market. We know it's too ...
CANBERRA, ACT, May 12 -- The Treasurer of Australia issued the following media release: The Albanese Labor Government is backing business innovation and investment through landmark tax reforms as part of the Budget's productivity package. Australia is a world leader in innovative ideas and business success stories and we are ensuring that will continue. New tax incentives will encourage more entrepreneurship and back hundreds of millions of dollars in new research and development for young fi...
CANBERRA, ACT, May 12 -- The Treasurer of Australia issued the following media release: The Albanese Labor Government will deliver more cost‑of‑living relief in this Budget to take pressure off Australians, including a new permanent $250 tax offset for workers. Together with our existing tax relief, this new round of tax cuts means the average Australian worker could receive a combined benefit of up to $2,816 from 2027-28. We're helping Australian workers earn more and keep more o...
CANBERRA, ACT, May 12 -- The Treasurer of Australia issued the following media release: The Albanese Labor Government is delivering a stronger and more sustainable Budget with smaller deficits, less debt and net policy decisions that improve the bottom line. Responsible economic management is a defining feature of this Government and this Budget is our most responsible yet. Strong fiscal discipline is even more important at a time of heightened global uncertainty, and that's exactly what we'r...
CANBERRA, ACT, May 12 -- The Treasurer of Australia issued the following media release: The Albanese Labor Government is delivering a new round of tax cuts, helping more Australians realise the dream of home ownership and supporting investment and innovation through the most significant tax reform package in more than a quarter of a century. This is about tax relief and tax reform to make our economy work in the interests of more Australians, businesses and future generations. This tax packag...
CANBERRA, ACT, May 12 -- The Prime Minister of Australia issued the following media release: The Albanese Labor Government is taking decisive action in the Budget to boost housing supply, make our tax system fairer to help more Australians into homeownership and build on our work over the last four years to build more houses. This is about building more homes, helping more Australians realise the dream of homeownership and giving younger Australians a leg up in the housing market. We know i...
CANBERRA, ACT, May 12 -- The Prime Minister of Australia issued the following media release: The Albanese Labor Government will deliver more cost-of-living relief in this Budget to take pressure off Australians, including a new permanent $250 tax offset for workers. Together with our existing tax relief, this new round of tax cuts means the average Australian worker could receive a combined benefit of up to $2,816 from 2027-28. We're helping Australian workers earn more and keep more of what ...
CANBERRA, ACT, May 12 -- The Prime Minister of Australia issued the following media release: The Albanese Labor Government will deliver a major fuel security and price relief package in the Budget, investing $14.8 billion to immediately secure more fuel, strengthen Australia's supply chains and build long-term resilience to future fuel shocks. The Strengthening Australia's Fuel Resilience package will deliver more fuel for Australian motorists, and more fuel security in Australia's economy. T...
CANBERRA, ACT, May 12 -- The Prime Minister of Australia issued the following media release: The Albanese Labor Government is delivering a stronger and more sustainable Budget with smaller deficits, less debt and net policy decisions that improve the bottom line. Responsible economic management is a defining feature of this Government and this Budget is our most responsible yet. Strong fiscal discipline is even more important at a time of heightened global uncertainty, and that's exactly what...