News Articles for Josh Frydenberg

Personal income tax offsets and business expensing deductions will be extended; while the government has lifted spending promises for the year ahead by $25 billion.

More than $300 million is set to be pumped into the early childhood education sector in the next financial year.

Spending on the National Disability Insurance Scheme is expected to overtake the cost of Medicare within the next three years.

Australians in need of mental health support are set to benefit from a $2.3 billion package included in the federal budget.

Employment rose in mid-April, but the ABS says it remains inconclusive what impact the end of the JobKeeper wage subsidy has had on the labour market.

The federal budget will include at least $5 billion in funding for infrastructure projects aimed at making roads safer, reducing travel times and supporting thousands of jobs.

The federal budget will include record funding on aged care and a "full response" to the damning findings of the royal commission into the sector.

Even with jobs growing more quickly than anticipated, pay packets won't follow suit for years.

Scott Morrison and Anthony Albanese have laid out their priorities for next week's budget, with a bottom line looking in better shape than had been predicted just a few months ago.

Cutting the regulatory burden and cash for green tech have been among the priorities listed ahead of the May 11 federal budget.

Western Australian craft beer and spirits producers have welcomed the federal government's decision to increase tax relief for the industry, but some say more change is needed.

Seven West has finalised a five-year content-sharing deal with Google and signed another three-year deal with Facebook.

Josh Frydenberg wants to drive Australia's unemployment rate below five per cent before he begins the task of budget repair, in what is a marked shift in strategy.

Experienced lawyer Joe Longo, whose past clients range from fallen 1980's entrepreneurs to global banks, has been appointed chair of the corporate watchdog.

Australia's medicines regulator has suggested it is unlikely two deaths in NSW were linked to coronavirus vaccinations.

Treasurer Josh Frydenberg says he's aware of growing labour shortages impacting WA and the federal government will be working with states to find a resolution.

Treasurer Josh Frydenberg says the surprising strength in Australia's labour market has justified ending the JobKeeper wage subsidy, despite calls for it to be extended.

Treasurer Josh Frydenberg is confident iron ore exports won't be dented by Australia's diplomatic battle with China, while spotlighting technology and skilled migration for economic recovery.

New home sales were nearly 40 per cent higher in the first three months of the year than during the same period last year.

Treasurer Josh Frydenberg is confident Australia has bounced back from the coronavirus recession, but concedes there could still be some "choppy" jobs figures ahead.

WA has outperformed other states with a huge drop in its unemployment rate in March, to 4.8 per cent.

The International Monetary Fund's upgrade of the Australian economic outlook confirms the nation has outperformed all major advanced economies over the past year, Treasurer Josh Frydenberg says.

Josh Frydenberg has held discussions with the Reserve Bank of Australia and the prudential regulator over what is becoming a hot property market.

Treasury boss Steven Kennedy expects a "bump" in the unemployment rate as the JobKeeper wage subsidy comes to an end next week.

Treasurer Josh Frydenberg will make changes to the JobMaker hiring credit scheme after corporate leaders shunned the $4 billion program.

Australian officials have welcomed the European medical regulator giving the AstraZeneca vaccine the green light.

Snap lockdowns due to the coronavirus pandemic in Perth and Melbourne drove a fall in retail turnover in February.

Scott Morrison has talked up the recovery in employment, which has seen the unemployment rate shrink to 5.8 per cent, while WA's rate was 6 per cent.

Senior government figures and health advisers say the AstraZeneca vaccine is safe and effective, following calls from a backbench colleague to suspend Australia's rollout.

Treasurer Josh Frydenberg says a new package of support for the tourism and travel sector will be announced within days.

Australia posted the biggest monthly trade surplus in history on the back of record iron ore exports, as the economy continued to rack up new markers in its rebound from last year's deep recession.

A Medicare-style levy or tax hike remains on the table as the Morrison government weighs up how to find billions of dollars desperately needed for aged care.

Federal minister Christian Porter has denied allegations he raped a 16-year-old girl in the 1980s.

Qantas and regional Rex Airlines know JobKeeper will end this month, but have argued for further handouts to see them through COVID uncertainty.

Senior Morrison government ministers have stressed a cabinet colleague accused of a horrific historical rape is entitled to the presumption of innocence.

JobKeeper wage subsidies worth millions of dollars have been paid back to the tax office as Treasurer Josh Frydenberg rules out changing laws to force other companies to do the same.

News has returned to Australian Facebook feeds with the social media behemoth dropping its ban after reaching a deal with the federal government.

Australia's world-first news media bargaining code will soon be in force after legislation cleared federal parliament.

Senior ministers have been forced to defend a modest increase to the dole after welfare groups and economists slammed the miserly boost.

Treasurer Josh Frydenberg says Facebook's ban on Australian news and information should be a wake-up call for the rest of the world.