6.2M workers will benefit from Labor's $1,000 instant tax deduction, with a maximum saving of $470, and an average saving of $205.

This is all about helping workers cut back on the paperwork and saving them time and money at tax time.

We’re releasing draft legislation today for consultation, to get this into parliament and deliver.

This will help workers cut back on the paperwork and save them time and money at tax time.

Labor's instant tax deduction will allow workers to knock $1,000 off their taxable income, without providing receipts, when they lodge their 2026-27 tax return.

This is tax reform and a bit of extra tax relief at the same time, with a maximum saving of $470, and an average saving of $205.

Thanks to Sarah Ferguson for having me on ABC 7:30 to talk about how we're managing this dangerous moment in the global economy.

An early start here in Washington DC ahead of an important day of meetings with counterparts from countries supplying half of our diesel and 3 quarters of petrol and jet fuel imports.

People are under real pressure as a result of the conflict in the Middle East but thanks to the progress Australians have made together in our economy, we’re well placed and well prepared to confront it.⁩

THE FACTS: New IMF data shows that under Labor Australia has surged up global rankings for best budget management to have one of the three strongest balances in the G20.

This is up from 14th under the Liberals and Nationals in 2021.

Strengthening our supply chains, calibrating our Budget forecasts with expectations, forecasts and developments in the world economy, and promoting us as an investment destination.

My five areas of focus will be joining with other countries in continuing to call for an enduring ceasefire and an end to the conflict, working with partners to amplify our efforts to help secure Australia’s fuel supplies…

I’m heading to Washington DC today to engage with economic ministers at meetings of the G20 and the IMF and World Bank.

Today’s Politics in the pub was back at the Browns Plains Hotel again and all about what this ongoing oil shock in the Middle East means for our people and local communities, our economy and country.

A big thanks to everyone who gave us part of their Sunday for some very welcome conversations.

Thanks to Michael and the team at Bunnings for meeting with Ged Kearney and me this week.

Really busy end to the week consulting with CEOs and workers in fuel, supermarkets, technology, logistics, mining, banking and building supplies sectors about the fallout from conflict in the Middle East.

People are under cost of living pressure, we recognise that and we're doing something about it with more cost of living help like income tax cuts and halving the fuel excise.

It's great to see local businesses doing what they can to support their workers and customers during tough times.

But petrol prices are still high and on top of our action on fuel, we’re delivering cost of living relief including another income tax cut and cheaper medicines.

Labor’s fuel tax cut is taking some of the sting out of these petrol prices around the country.

We’re also getting more fuel into the country, to where it's needed.

Thanks to Minister Catherine King and all pilot project companies that we announced today as part of our Investor Front Door program, including David from HAMR Energy.

Supporting and fast tracking important investments in biofuels and electric heavy vehicles is all about making our supply chains more reliable and our economy stronger and more resilient.

We recognise that people are still under pressure and petrol prices are still too high, but by halving the fuel excise we can take some of the sting out of prices and help with the cost of living.

For more info about Labor's fuel excise cut, visit www.pm.gov.au/media/fuel-excise-halved-three-months

Labor’s fuel tax cut has kicked in. We’re helping motorists with the cost of living at the petrol pump.

Happy Easter from me and my loved ones to you and yours.

If you're working this Easter weekend, you deserve your penalty rates.

Labor has protected them by law.

This deal brings our total fuel excise relief to 32c per litre every time you fill up.

Today the states and territories have agreed to provide another $400M of fuel relief, through an additional cut to the fuel excise for three months, saving you an extra 6c per litre.

This is on top of halving the fuel excise, bringing our total relief to 32c per litre every time you fill up.

BREAKING: We've secured a deal that will deliver an extra 6c a litre of petrol price relief for Australians, to add to the 26c we delivered earlier this week.

Thank you Dario Amodei, CEO of Anthropic, for the opportunity to meet and discuss more investment in Australia and ways to maximise the economic benefits of AI while minimising the risks to people, creators and communities.

Australians didn't choose this war but they're paying for it, and by working together we can help to shield small businesses from some of the worst impacts.

Today we announced support for Australian small businesses by increasing flexibility in our tax system, helping businesses access credit and welcoming support from the finance sector and peak bodies.

This is all about cracking down on dodgy deals to save Australians money.

- Subscription traps that make cancelling a subscription difficult.

- Drip pricing practices where fees are hidden.

- Dynamic pricing where a product’s price changes during the transaction.

- Requiring consumers to set up an account to make an online purchase.

BREAKING: Labor is banning unfair trading practices like subscription traps and drip pricing.

The Albanese Government will introduce new legislation today to ease the cost of living and stop businesses ripping off Australians.

Some of the unfair trading practices being targeted include: