Labor wonβt cop big fuel corporates and servos treating Australians like mugs.
Labor wonβt cop big fuel corporates and servos treating Australians like mugs.
Australia is not immune to global economic uncertainty, but the industry is on notice not to exploit it, and that's why these measures will help make sure you are getting fair prices for fuel.
That's why we're doubling penalties for misleading conduct - now up to $100M - ramping up surveillance of suspicious price spikes, and improving coordination of fuel deliveries, especially in regional areas.
BREAKING: Labor is putting petrol companies on notice with bigger penalties for misconduct and more scrutiny and surveillance, and shoring up fuel supply.
Labor wonβt cop big fuel corporates and servos treating Australians like mugs.
These changes will also maintain tax concessions for super but better target them for large balances over $3 million.
Labor built the superannuation system, and these reforms makes it stronger, fairer and more sustainable.
BREAKING: Laborβs laws to boost the super savings of 1.3M low-income workers have passed the Senate.
Laborβs new reforms to the Low-Income Superannuation Tax Offset will help deliver a secure retirement for more than 1.3M Australians, mainly women and young people.
Really important day as Labor's reforms that boost the superannuation savings of 1.3M low-income workers are likely to pass the Parliament tonight.
These changes will help make the super system fairer from top to bottom.
Big thanks to everyone who joined our full day of discussions with private sector economists, as we work towards our fifth Budget in May.
As two middle powers in this world of global uncertainty, our countries have so much to gain from open trade and encouraging investment.
Always a privilege meeting with Canadian Finance Minister and my good friend FranΓ§ois-Philippe Champagne, this time here in our Parliament.
We agreed to prioritise modernising our AustraliaβCanada Tax Treaty to support investment, including for our superannuation and pension funds.
Australia and Canada see the world in similar ways.
Weβre both middle powers that believe in working with others.
That means closer cooperation on investment and economic security, in a world of global instability.
Great to have you in Parliament today, Mark Carney.
Joined Sally Sara on ABC Radio National to discuss yesterday's positive National Accounts which show the strong position we are in as a country as we confront more global economic uncertainty together.
For all those celebrating Holi, wishing you a joyful and colourful festival.
Really encouraging numbers out today showing ongoing recovery in the private sector, with our economy having the strongest annual growth in almost three years.
BREAKING: New numbers show the strongest growth in our economy in almost three years.
The Australian economy grew 0.8% in the December quarter, to be 2.6% higher through the year - this growth is much stronger, broader and very welcome.
This is faster growth than any major advanced economy.
I've written to ask the ACCC to help ensure fuel retailers don't use events in the Middle East to price gouge Australians.
Labor is rolling out cost-of-living help including two more tax cuts for 14 million workers, which Angus Taylor and the Liberals said theyβd repeal.
BREAKING: Australians have now installed 250,000 cheaper home batteries with Labor's 30% discount.
This is all about helping locals like Keith and Coral get cheaper and more reliable energy in their home.
Under Labor, unemployment remains low, participation is high, wages growth is strong, and more than 1.2 million jobs have been created, mostly full time and 8/10 in the private sector.
New jobs numbers show unemployment remained very low at 4.1 per cent in January.
This continues Australia's streak of historically low unemployment - the lowest on average for any government in the last 50 years.
Weβve made a lot of progress together on the economy but the jobβs not done because inflation is too high and people are still under pressure. That's why inflation, productivity and global uncertainty will be big focuses of the budget. #auspol #ausecon
New data shows annual wages have now grown above 3% for 14 quarters in a row. This is the longest streak of growth above 3% in over a decade and a half.
Laborβs Cheaper Home Batteries Program is all about helping locals like Keith and Coral to get cheaper and more reliable energy.
Thanks for having me over for a chat and to check out your new batteries, Keith and Coral.
This is the new leader of the Liberal Party.
He went to the election promising higher taxes for every taxpayer as well as bigger deficits and more debt.
New data out today shows that there are now more than 3400 bulk billing practices across the country β more than ever before. That includes 30 fully bulk billed clinics in our community, up from 17.
Labor is helping to deliver a secure retirement for more than a million Australians with our increase to the low-income superannuation tax offset.
Our reforms to the low-income superannuation tax offset will help deliver a more secure retirement for more than a million Australians, mainly young people and women.
These changes will help make the super system fairer from top to bottom.
BREAKING: Weβve just introduced laws to boost the superannuation savings of more than a million low-income workers into parliament.
This government is improving the budget position at the same time as we're helping with the cost of living by cutting taxes for all 14 million taxpayers a second and third time this term.
More than 725,000 Australians have enrolled in Labor's Free TAFE.
This is all about helping people in our local community and around Australia to get secure jobs with decent pay.
It means more nurses in our hospitals, more tradies building homes, and more early childhood educators for our kids.