CANBERRA, ACT, May 13 -- The Prime Minister of Australia issued the following media release: NAT BARR, HOST:Joining us now is Prime Minister Anthony Albanese. Good morning to you. ANTHONY ALBANESE, PRIME MINISTER: Good morning, Nat. BARR:This is being labelled a budget of broken promises. Can Australians still trust the things you say? PRIME MINISTER: This is a Budget of reform and resilience. It is making sure that the Australian dream of owning your own home isn't out of reach for this gen...
SYDNEY, May 13 -- Australian Prudential Regulation Authority issued the following media release: The Australian Prudential Regulation Authority (APRA) has released for consultation a new draft licensing framework for locally-incorporated Authorised Deposit-taking Institutions (ADIs). The consultation package follows APRA's 2025 discussion paper on improving the licensing framework for ADIs. When finalised later this year, the changes will implement Action 6 of the Council of Financial Regulato...
CANBERRA, ACT, May 13 -- Australian Federal Police issued the following media release: This is a joint media release between the AFP and ABF A Victorian man, 47, has been sentenced to nine years' jail over his role in a plot to import 22.4kg of cocaine into Australia. Australian Border Force (ABF) officers intercepted a consignment of five printers in Melbourne on 30 April, 2017, locating 10 packages of compressed white powder concealed within their paper trays. Presumptive testing indicate...
CANBERRA, ACT, May 13 -- Australian Federal Police issued the following media release: A Victorian man is expected to appear before Korumburra Magistrates' Court on 18 June, 2026, charged for allegedly using social media to threaten a federal parliamentarian. The AFP's National Security Investigations (NSI) team started an investigation on 6 May, 2026 regarding a social media post that allegedly contained a threat to a parliamentarian. On 8 May, 2026, AFP NSI investigators executed a search ...
CANBERRA, ACT, May 13 -- The Treasurer of Australia issued the following transcript: Note Subjects: 2026 Budget, housing, tax cuts, migration, defence Tom Connell: Thank you, Treasurer. Last week, Michele Bullock said it doesn't take much additional spending to make the job of returning inflation to target more challenging. From the Budget papers, the net amount of extra money in the economy, including government decisions, payments, etcetera, is $18billion next financial year. Does $18billi...
CANBERRA, ACT, May 13 -- The Treasurer of Australia issued the following transcript: Note Subjects: 2026 Budget, Logan, housing, cost of living, women's economic participation Victoria Devine: Hello and welcome to She's on the Budget, the series where we break down the federal Budget in a way that hopefully makes you sound smarter at brunch, in the group chat or aggressively pacing Coles wondering why blueberries now require a payment plan. I'm Victoria Devine, and joining me today is the Tr...
CANBERRA, ACT, May 13 -- The Treasurer of Australia issued the following transcript: Note Subject: 2026 Budget Glen James: Jim Chalmers, thank you so much for joining us. It's been a busy life. Jim Chalmers: [Laughs] Thanks, Glen, for the opportunity. It's nice to see you again twice in 2days. James: I know, aren't we all so lucky? Hey, just a random question. How do you manage? Like, forget politics, forget everything. On a personal level, how do you keep your mental health in check? Be...
CANBERRA, ACT, May 13 -- The Treasurer of Australia issued the following transcript: Note Subject: 2026 Budget Raushaan Seychell: So, look; really insightful to really go to the Budget lock‑up, see a Budget announcement and I think the real big overarching theme that we've gotten from the Budget is a shift from taxing income to taxing wealth. So I guess my main question, especially when it comes to housing, because that falls under the idea of taxing wealth-considering it's been though...
CANBERRA, ACT, May 13 -- The Treasurer of Australia issued the following transcript: Note Subject: 2026 Budget Natasha Etschmann: Hi Jim, thanks so much for joining us. Jim Chalmers: Thanks Tash. Etschmann: It's probably been a very, very busy day with all of the Budget stuff. Do you have a highlight of one of your favourite things? Chalmers: Absolutely, actually. There was a group that's campaigning for us to subsidise public housing for people on Youth Allowance. There's a difference...
CANBERRA, ACT, May 12 -- The Treasurer of Australia issued the following transcript: Note Subjects: 2026 Budget James Willis: The Treasurer Jim Chalmers, who has just delivered his fifth Budget in Canberra. He joins us live from Parliament House. Treasurer, thanks for your time. Jim Chalmers: Thanks for having me back on the show, James. Willis: Can we start with an obvious question about your long‑term commentary? Given you publicly ruled out, denied, slapped down, flat out said n...