CANBERRA, ACT, March 12 -- The Treasurer of Australia issued the following transcript: Note Subjects: petrol prices, increased penalties, regional fuel supplies, inflation Sarah Abo: The federal government will impose fines of up $100million for petrol stations caught intentionally ripping off customers. Karl Stefanovic: For more on this, we're joined by Treasurer Jim Chalmers in Canberra. Jim, good morning to you. Thanks for your time today. Look, how many have been fined so far and how m...
SYDNEY, March 12 -- Australian Prudential Regulation Authority issued the following media release: The Australian Prudential Regulation Authority (APRA) has released the Quarterly Authorised Deposit-taking Institution (ADI) Performance and the Quarterly ADI Property Exposures publications for the quarter ending 31 December 2025. APRA activated debt-to-income (DTI) limits from February 2026, restricting the share of new lending at high DTI (a DTI ratio of six or greater), with limits applying s...
CANBERRA, ACT, March 11 -- The Treasurer of Australia issued the following media release: The Albanese Government is taking action to help consumers get a fair go at the petrol pump, with more scrutiny and surveillance of the fuel sector, bigger penalties for misconduct, and action to shore up fuel supply. The conflict overseas shouldn't be an excuse to profit off Australians. We're putting petrol companies on notice. We won't cop big corporates treating Australian consumers like mugs. This ...
CANBERRA, ACT, March 11 -- Australian Federal Police issued the following media release: ASudan-born man is set to appear beforeCampbelltownLocalCourt today (11March,2026) charged with allegedlyfailing to complywith his visa-mandated curfew conditions. The AFP charged the man,31,yesterday (10March,2026), after hewaslocatedinSydney, NSW. It will be alleged the man breachedacondition of his Commonwealth visabyfailing to observehisresidential curfew obligations. The man has been charged with: ...
CANBERRA, ACT, March 11 -- Australian Federal Police issued the following media release: Editor's note: Images of the seized items are available via Hightail. A New South Wales man has been sentenced to three years' imprisonment in Western Australia for his involvement in a crime syndicate trafficking illicit drugs and cash between Sydney and Perth. The Perth District Court sentenced the man, 35, on 6 March, 2026, for one count of aiding, abetting, counselling or procuring the commission of a...
CANBERRA, ACT, March 11 -- Australian Federal Police issued the following media release: This is a joint media releasebetween Australian Federal PoliceandAustralian Border Force. A New South Wales manis expected toappear inDowning Centre Local Courttoday(11March,2026)charged withtransmittingandpossessingchild abuse material. The AFP begunaninvestigationinto the man, 31, afterAustralian Border Force (ABF) officers examinedhisluggage followingintelligence-led screening on hisreturnfrom overseas...
CANBERRA, ACT, March 11 -- The Treasurer of Australia issued the following transcript: Note Subjects: economic impact of the Middle East war, productivity and tax reform in the May Budget, superannuation reforms Melissa Clarke: Good morning, welcome to AM. I'm Melissa Clarke in Canberra, coming to you from Ngunnawal Country and acknowledging other custodians. The US Defense Secretary says today will be the most intense day of the military campaign against Iran so far, his comments coming a ...
CANBERRA, ACT, March 10 -- The Treasurer of Australia issued the following media release: The Albanese Government has passed important superannuation reforms to help low income workers and make the super system fairer from top to bottom. This means more super for workers on low incomes and more sustainable tax breaks for people with the biggest balances. Today the Treasury Laws Amendment (Building a Stronger and Fairer Super System) Bill 2026 passed the Senate without amendment. We are helpi...
CANBERRA, ACT, March 10 -- The Treasurer of Australia issued the following media release: The Albanese Government is another step closer to delivering its superannuation reforms. These changes will help low income workers and make the super system fairer from top to bottom. This means more super for workers on low incomes and more sustainable tax breaks for people with the biggest balances. Our reforms are all about helping workers earn more, keep more of what they earn and retire with more,...
CANBERRA, ACT, March 10 -- Australian Federal Police issued the following media release: A West Australian man is expected to appear before Perth Magistrates Court today (10 March, 2026) charged over allegedly spitting in an officer's face and mouth outside Perth Airport. AFP officers at Perth Airport responded to a request for assistance yesterday (9 March, 2026), following reports of two men arguing outside the terminal. The man, 52, was approached by AFP officers, who requested he provide ...