GET THE FACTS: Australia’s gross debt as a share of the economy is lower than any major advanced economy. Gross debt in the last financial year was almost $200 billion lower than what we inherited.

The minimum wage has gone up $12,000 a year under Labor. Around 3 million workers just got another pay rise. And every taxpayer just got another tax cut. This is the cost of living relief that millions of Australians need and deserve.

Whether it's more tax cuts for every taxpayer, higher wages for workers or a fairer tax system to help first homebuyers get into the market, Labor is delivering real change that will make a meaningful difference to Australians.⁩

GET THE FACTS: IMF data shows that Australia has surged up global rankings for the best budget management to have one of the three strongest balances in the G20. Under our predecessors in 2021, Australia ranked just 14th. Responsible economic management is a hallmark of this Albanese Government.⁩

New parents want to spend as much time as they can with their children and every moment is precious. We understand that and we're doing something about it. That’s why from today, we’re delivering six months of Paid Parental Leave – giving families more time and more support.

From today we're cutting taxes again and millions of workers will get a pay rise. Labor's tax cuts will start rolling out for every taxpayer from today. Our five tax cuts will benefit the average worker by up to $2816 a year.

A big day today with more cost of living relief coming in the form of more tax cuts and pay rises, payday super and an extension to paid parental leave, fuel tax relief and the small business instant asset write off.

Taking a moment to thank Uniting aged care workers at Weston this morning, the day before we see another boost to award wages in these really important industries. Tomorrow we cut taxes again, boost wages again, expand paid parental leave again, start payday super and extend fuel excise relief.

Early very chilly start on morning TV talking about all the new cost of living help that kicks in from tomorrow: tax cuts, wage rises, more paid parental leave, super on payday and an extension to fuel tax relief.

BREAKING: Labor's fuel tax cut for July has just passed the Parliament which will save motorists around $11 every time you fill up your tank. It's just one way we're delivering cost of living relief, with another round of tax cuts for every taxpayer rolling out from this Wednesday as well.

We’re delivering more tax cuts and cost of living help and we’re delivering real change to the tax system to make it fairer for first home buyers and to address the legitimate concerns people have about their place in our economy.

We're cutting taxes for workers and making it easier for Australians, especially young Australians, to get a toehold in the housing market. That's why these reforms are a win for Australian workers and first homebuyers.

BREAKING: Our legislation to deliver more tax cuts for workers and a fair go for first homebuyers just passed the Parliament.

BREAKING: New jobs numbers just out show the unemployment rate fell to 4.4% in May and 40,300 new jobs were created. This is a very welcome reminder of the strength of our labour market and the resilience of our economy in the face of all this global uncertainty.

BREAKING: We've just introduced legislation that will deliver for every Australian small business.

BREAKING: New numbers from the ABS show that inflation has come down again for the second month in a row. Headline inflation was 4.0% in the 12 months to May, down from 4.2% in April.

It's 1 week until our payday super reforms come into effect. This will mean Australians get paid their super when they get paid their salary. These reforms are about making sure your super is paid, and paid on time.⁩

Labor understands that workers, young people and first homebuyers are absolutely essential to Australian values, and our policies reflect that.

We’ve secured support to get our tax reforms through the Parliament. This will mean a fair go for first homebuyers, tax cuts for workers and a fairer tax system as well.

BREAKING: Labor is another step closer to delivering tax reforms for workers, first homebuyers and small businesses. Our reforms will make it easier for Australians to buy their first home, cut taxes for over 13 million workers, and better align the tax treatment of labour and asset income.

Spent some time with young retail workers brought to Canberra by the SDA today, hearing about their goals and talking about our efforts to cut their taxes, boost their wages and super, and make it easier for them to buy their first home.

BREAKING: We've just introduced legislation to cut fuel taxes for another month. This is more support that'll help take the sting out of prices and help more Australians with the cost of living.⁩⁩

BREAKING: We’re cutting fuel taxes for another month. Labor is cutting the petrol and diesel excise by 16c per litre for July, saving Australians around $11 per tank as this support tapers off.

Analysis from Treasury of new ATO data for 2023-24 shows that 0.2% of tax filers earned around 60% of all the net capital gains income, while 99% of tax filers earned only 13%. We are making the tax system fairer for workers, first home buyers and young Australians.

Today we put forward the next steps in our tax reforms which recognise and reward the crucial, unique and dynamic role that startups play in our economy. Thanks to the industry leaders who’ve engaged with us, and for their supportive words.

BREAKING: Every one of the 2.7M active small businesses in this country will now have access to generous CGT concessions, and 98% of all active businesses will be eligible for these concessions.

GET THE FACTS: New ASIC numbers show there are more than 26.7k new business registrations on average every month under Labor, much higher than under our predecessors, and insolvencies are almost half what they were in the Howard Government.⁩

We're locking in our 15% pay rise for early childhood education and care workers.

BREAKING: RBA keeps interest rates steady. This is a welcome reprieve for many Australians with a mortgage.

A really welcome opportunity to personally thank the ATO leadership and staff for the important role they play in the implementation of our tax cuts and tax reforms which make the system fairer for workers and first home buyers.

Economic reform and especially tax reform is always difficult, but when it makes it easier for first home buyers and fairer for workers it’s worth it.

Couldn’t be a bigger believer in the incredible work that Logan Together and SSI do to support our local community with their programs including play groups for kids and their Maternity Hubs.

Labor is helping people buy their first home and cutting income taxes again and again because we know people are under pressure, while our opponents are desperately defending a broken status quo in our economy. Thanks to Sarah Ferguson for having me back on 7:30 @abcnewsbot.bsky.social

It’s 3 weeks until 14 million Australians get another tax cut. Labor is delivering more tax cuts for workers and a fair go for first home buyers.

NEWS: Labor's helped Australians save more than $2.6B with cheaper medicines.

BREAKING: Our legislation to deliver more tax cuts for workers and a fair go for first homebuyers has just passed the House. Labor's five different tax cuts will benefit the average worker by up to $2816.

This week and this government is all about higher wages and lower taxes for workers, and a fair go for first homebuyers.

BREAKING: Positive numbers out today show that new private business investment grew by 5.7% in the quarter, to be 10.4% through the year. This is the fastest quarterly growth in nearly a decade and a half.⁩⁩⁩⁩

BREAKING: New numbers show the economy is growing at its equal fastest annual pace in almost 3 years and private sector investment is booming. Today’s National Accounts show the Australian economy grew 0.3% in the quarter, to be 2.5% higher through the year.

We welcome the decision from the Fair Work Commission today that 2.7 million award wage workers will get a pay rise of at least 4.75% from July 1.

This week is all about higher wages and lower taxes for workers, and a fair go for first homebuyers.

BREAKING: 2.7 million award wage workers are getting a pay rise of at least 4.75% from July 1. This is the pay rise millions of Australian workers need and deserve.

NEWS: One month until 14 million Australians get another tax cut. Altogether Labor's five different tax cuts will benefit the average worker by up to $2816. We're getting on with the job of cutting income taxes and making the tax system better and fairer.

THE FACTS: Too many Australians and especially young Australians are being priced out of the market by property investors backed by big tax breaks. That's why we’re reforming the tax system to help more young people buy a home of their own.

BREAKING: New numbers released by the ABS today show private sector investment is soaring under the Albanese Government. Capital expenditure has far exceeded market expectations, with billions more being poured into productive investments.

We’ve introduced laws today that are all about cutting taxes for workers, making it easier to buy a first home, and better aligning the tax treatment of labour and tax income.

BREAKING: We've just introduced legislation to deliver more tax cuts to Australian workers. Labor's five different tax cuts will benefit the average worker by up to $2816. This Budget makes the tax system fairer for workers, businesses and first homebuyers.

Labor is delivering five tax cuts in three different ways. Tomorrow we’ll introduce historic legislation to deliver more tax cuts to Australian workers. If the Coalition votes against our tax cuts, they will be voting – yet again - for higher income taxes for millions of Australian workers.