PM Backs ‘Australian Way’ at Economic Forum, No Tax Reform Commitments

Albanese vows to cut red tape but keeps tax reform cards close.

Australian Prime Minister Anthony Albanese speaks to media during a press conference at Parliament House in Canberra, Australia, on June 23, 2025. AAP Image/Lukas Coch

Prime Minister Anthony Albanese says his government is focused on clearing red tape, boosting business confidence, and creating jobs—while resisting pressure to comment on whether a GST rise is on the table.

Speaking at the News Corp Economic Forum on July 4, Albanese said his government was working to make it easier for businesses to “create jobs, start and finish projects, invest in new technology and build new facilities.” In some cases, that meant pulling back on red tape.