On Tuesday 19 May 2026, Treasurer the Hon. Jim Chalmers announced the Albanese Labor Government will be making further changes to the Foreign Investment Framework. This second round of foreign investment reforms is all about making more improvements, so the regime is much stronger where risks are high and much faster where risks are low. The reforms build on the… Continue reading Further Reform to the Foreign Investment Framework
Tag: Tax/Finance/Business
Review of Australia’s mutual recognition schemes for workers
On 5 May 2026, the Federal Government opened consultation on the interim findings of the review into Australia’s Mutual Recognition Schemes for workers. This follows the announcement made by the Assistant Minister for Productivity Andrew Leigh, alongside Ministers Giles and Rishworth in February 2026, and an initial round of consultation supported by a Call for Submissions paper, in March and April. … Continue reading Review of Australia’s mutual recognition schemes for workers
Treasurer Jim Chalmers Press Conference on the Outcomes of the Economic Reform Roundtable
Last week, Treasurer Hon Jim Chalmers MP addressed the media after the Government’s highly anticipated Economic Reform Roundtable. The Roundtable covered three main areas of the Australian economy believed to need reform, resilience, productivity and budget sustainability and tax reform. Chalmers outlined ten areas of consensus, where those invited to the Roundtable agreed on areas… Continue reading Treasurer Jim Chalmers Press Conference on the Outcomes of the Economic Reform Roundtable
Albanese Government’s Productivity Agenda: Economic Reform Roundtable
12 August 2025 Following the Albanese Labor Government’s victory at the May 2025 federal election, Treasurer the Hon. Jim Chalmers MP addressed the National Press Club on 19 June outlining the government’s approach to economic reform and its three key priorities for their second term in government. In the face of continued global volatility, the… Continue reading Albanese Government’s Productivity Agenda: Economic Reform Roundtable
Defining Australian Business
On the 6th of March 2025, the Albanese Government announced a significant change in Commonwealth procurement by introducing for the first time an official definition of an ‘Australian Business’. The definition, part of the Buy Australia Plan, aims to improve transparency in procurement, strengthen domestic business competitiveness, and ensure that government contracts support genuinely Australian enterprises. Definition… Continue reading Defining Australian Business