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...
CANBERRA, ACT, May 27 -- The Prime Minister of Australia issued the following media release: Can I welcome you, Travis, here to Parliament House, to the centre of our nation's democracy. Next year, just down the road there, we'll celebrate a century since Parliament first met here in Canberra. And at that time, it was of course, the First Nations man walked here, because First Nations people weren't included at that time, of course. And we know that back in 1901 there was no one from First N...
CANBERRA, ACT, May 27 -- The Prime Minister of Australia issued the following media release: HOST: Joining us now live, the Prime Minister of Australia, Mr. Anthony Albanese. Welcome to the show. ANTHONY ALBANESE, PRIME MINISTER: G'day. Happy Origin Day. HOST: Yes, Big. It's a huge day. I mean, anyone who knows about pressure, I mean, Laurie Daley's under pressure, but you. Pressure is your middle name. Will you be out at the ground tonight, Albo? PRIME MINISTER: It is. No, I'll be watching ...
CANBERRA, ACT, May 27 -- The Prime Minister of Australia issued the following media release: HOST: Please welcome to the show the biggest Maroons fan known to man, Anthony 'Albo' Albanese. HOST: Hey, Queenslander. ANTHONY ALBANESE, PRIME MINISTER: What an introduction that is. Not what I was expecting. HOST:You're welcome. HOST: I didn't know you were a Queensland supporter, Anthony. PRIME MINISTER: Happy Origin Day for everyone. HOST:Very political. PRIME MINISTER:And we can all be frie...
CANBERRA, ACT, May 27 -- The Prime Minister of Australia issued the following media release: HOST: A great initiative from the Australian Federal Government announced yesterday and that is that the Albanese Government is backing the Rugby League World Cup to the tune of the $12.4 million investment. I'm happy to say that the 31st Prime Minister of Australia, Anthony Albanese is on the line. Good morning, Prime Minister. ANTHONY ALBANESE, PRIME MINISTER: Good morning. Happy Origin Day. HOST: I...
CANBERRA, ACT, May 27 -- The Prime Minister of Australia issued the following media release: Australia will once again take centre stage for world sport when the 2026 Rugby League World Cup (RLWC) kicks off in Sydney this October. The Albanese Government is backing the tournament with a $12.4 million investment to support the successful planning, logistics and delivery of the event across nine host cities in Australia, New Zealand and Papua New Guinea. The investment includes a strong focus o...
CANBERRA, ACT, May 26 -- Australian Federal Police issued the following media release: Editor's note: Images from the training are available via Hightail. The AFP and French Armed Forces in French Polynesia (FAPF) have joined forces to deliver specialised training to Kiribati police divers to help combat maritime threats, particularly illicit drug trafficking in the Pacific. Twelve members from Kiribati Maritime Police travelled to Tahiti in French Polynesia for an Investigative Diving Team c...