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...
CANBERRA, ACT, May 12 -- The Prime Minister of Australia issued the following media release: This is a responsible Budget that is all about resilience and reform. It's all about getting Australians through the global oil shock and building an economy that works for more people. We're delivering more cost-of-living help and building a more productive economy, a better tax system, a fairer housing market and a stronger and more sustainable budget. The conflict in the Middle East is weighing h...
CANBERRA, ACT, May 12 -- The Prime Minister of Australia issued the following media release: RICHARD KING, HOST: Our Treasurer, Jim Chalmers, will be handing down the Budget tonight. And well, the expectation is we keep hearing about intergenerational equity, particularly trying to get more younger Australians into the housing market. The great Australian dream. Is it still the great Australian dream, owning your own home? And the expectation is some of the things that might receive a bit of a ...
CANBERRA, ACT, May 12 -- The Prime Minister of Australia issued the following media release: ANDREW HAYESY, HOST:And it is time now to introduce a very, very special guest. JODIE ODDY, HOST:Yes, I don't think people get more important than this particular man. And that is - it says on our screen, Anthony from Canberra. And I do presume that is our Prime Minister. Hello, Anthony Albanese. How are you? ANTHONY ALBANESE, PRIME MINISTER:Anthony from Canberra here. Indeed. Jodie and Hayesy, good t...
CANBERRA, ACT, May 12 -- The Treasurer 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 $14.8billion 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 Treasurer of Australia issued the following media release: The Albanese Labor Government is backing small businesses as part of our $3.5billion of new business tax relief to boost investment, increase cash flow and support growth. Australia's 2.7million small businesses are the backbone of our economy and this Budget gives them the tools they need to thrive. Small businesses create jobs and support local communities, but they're also on the front line of cost pres...
CANBERRA, ACT, May 12 -- The Treasurer of Australia issued the following media release: This is a responsible Budget that is all about resilience and reform. It's all about getting Australians through the global oil shock and building an economy that works for more people. We're delivering more cost‑of‑living help and building a more productive economy, a better tax system, a fairer housing market and a stronger and more sustainable budget. The conflict in the Middle East is weig...