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The Albanese Government has taken the first step to deliver on an election commitment to boost the amount of small and medium businesses that can benefit from government spending contracts with revisions to the Commonwealth Procurement Rules (CPRs).

Topic(s): Pension work bonus; Inflation; Budget repair; Staffing allocations; Roe vs Wade

Topic(s): Staffing allocations; Gender pay gap; Roe vs Wade decision.

This week I approved a determination to release $235 million in funding to the Department of Infrastructure, Transport, Regional Development and Communications, using the Advance to the Finance Minister (AFM), to support making a grant payment to NBN Co Limited (NBN Co).

KEY POINTS The Monthly Financial Statements for May 2022 report the budget position against the expected monthly profile for the 2021-22 financial year through to 31 May 2022, based on the 2021-22 Revised Budget estimates published in the 2022-23 Budget in March 2022.

Topic(s): Reserve Bank Interest Rate Decision; Energy Market; Stage Three Tax Cuts