Speech - Unlocking Gen P
The Hon Andrew Leigh MP
Assistant Minister for Productivity, Competition, Charities and Treasury
Unlocking Gen P
ONLINE ADDRESS TO 'GENERATION P: UNLOCKING PRODUCTIVIY FOR AUSTRALIA’S FUTURE'
HOSTED BY FUTURE FORWARD AUSTRALIA
THURSDAY, 3 JULY 2025
It’s great to be speaking to Gen P. A generation with enough optimism to believe we can boost productivity and fix housing and decarbonise the economy – all before lunch. I like your ambition.
Let’s talk about productivity. Not in the abstract, economic-model kind of way – but as the thing that quietly shapes your lives, your wages, your choices, your future.
Productivity growth is how we produce more value with the same effort. It’s what allows wages to rise, governments to invest in public services, and societies to lift living standards without just working harder or longer.
But right now, Australia has a productivity challenge.
When the Albanese Government came to office, we inherited the sharpest quarterly fall in productivity in 45 years. In the June quarter of 2022, labour productivity dropped by 2.4 per cent – the worst result since 1979. But this wasn’t just a blip. Over the decade to 2020, labour productivity growth averaged just 1.1 per cent a year – the slowest in more than half a century, and well below the long-run average.
That matters, because productivity growth is what gives us the breathing space to be generous. It’s how we fund Medicare, pay teachers well, and build a more sustainable economy. If we let it stall, we’re left fighting over a pie that isn’t growing – and no one wants to be the Treasurer at a cake sale with no cake.
So how do we respond?
Read moreMedia Release - Labor's Cheaper Home Batteries Program Begins - 2 July 2025
Senator The Hon Katy Gallagher
Minister for Finance
Minister for Women
Minister for the Public Service
Minister for Government Services
Senator for the ACT
The Hon Chris Bowen MP
Minister for Climate Change and Energy
Member for McMahon
The Hon Dr Andrew Leigh MP
Assistant Minister for Productivity, Competition, Charities and Treasury
Member for Fenner
Alicia Payne MP
Member for Canberra
David Smith MP
Member for Bean
Labor's Cheaper Home Batteries Program Begins
Wednesday, 2 July 2025
The Albanese Labor Government is helping households, small businesses and community groups bring down their energy bills with the roll out of the Cheaper Home Batteries program.
Labor’s Cheaper Home Batteries program will help bring down the cost of a typical battery discounted by around 30 per cent. This will save households with existing rooftop solar up to $1,100 off their power bill every year, and those installing a new solar and battery system could save up to $2,300 a year – up to 90 per cent of a typical family electricity bill.
One in three Australian households have rooftop solar – but only one in 40 have a battery.
The Albanese Labor Government is fixing that, by giving all Australians a proper leg up towards the cost of a battery - 30 per cent, or around $4,000 - off the cost of a typical home battery.
In the ACT, there have been nearly 60,000 rooftop solar installations, which have the capacity to produce close to 350 megawatts of cheap solar power. Now with Cheaper Home Batteries, more local households can store that cheap solar from the middle of the day for when they need it.
Read moreMedia Release - Making Car Repairs More Affordable For Australians - 30 June 2025
The Hon Dr Andrew Leigh MP
Assistant Minister for Productivity, Competition, Charities and Treasury
Making Car Repairs More Affordable For Australians
30 June 2025
The Albanese Government is making it easier and cheaper to keep cars on the road by backing Australia’s right to repair laws and ensuring mechanics have the information they need to do the job.
One of our first decisions after winning office in 2022 was to begin the Motor Vehicle Service and Repair Information Sharing Scheme on 1 July 2022. The Scheme is the first right to repair law of its kind in Australia, and has been in operation for three years. It requires car manufacturers to make service and repair information available for purchase by all Australian repairers and registered training organisations at a fair market price.
Today, the Government has reappointed the Australian Automotive Service and Repair Authority Limited to a key statutory role, while also releasing a discussion paper to examine how the Scheme is working.
The Australian Automotive Service and Repair Authority Limited has been reappointed as Scheme Adviser for a further two-year term beginning on 1 July 2025. This will ensure the automotive sector continues to support the Scheme’s operation. The organisation assists Australian repairers in accessing information from vehicle manufacturers—including what is offered and on what terms—and helps mediate any disputes.
Read moreOpinion Piece - Fair Go, Fair Markets: Why Consumer Trust Matters More Than Ever - The Canberra Times - 30 June 2025
The Hon Andrew Leigh MP
Assistant Minister for Productivity, Competition, Charities and Treasury
OPINION PIECE
Fair Go, Fair Markets: Why Consumer Trust Matters More Than Ever
Published in The Canberra Times
Monday, 30 June 2025
In a fast-changing economy, consumer trust isn’t just a virtue – it’s a necessity. Whether you're buying a fridge, downloading an app, or applying for a mortgage, you're taking a leap of faith that the product will do what it claims, the terms will be fair, and someone will listen if things go wrong.
Trust is the invisible infrastructure of the modern marketplace. Strip it away, and what remains is a minefield of confusion, caution and exploitation. When people stop believing the system works for them, they disengage. And when bad actors go unchallenged, good businesses suffer too.
Australia has made real strides in building trust through strong consumer protection. The Australian Consumer Law, introduced in 2011, brought together a tangle of federal, state and territory rules into a single national framework. Since then, protections have expanded – unfair contract terms are now banned, consumer guarantees are better enforced, and regulators have more tools to hold businesses to account.
But markets don’t stand still. And nor can our laws.
Today, technology has transformed the way we live and shop. Global platforms dominate online commerce. Artificial intelligence increasingly determines what ads we see, what prices we’re offered, even which products we’re shown in the first place. With these advances come opportunities – but also new risks.
AI, for all its potential, raises serious questions for consumer protection. What happens when a chatbot gives dangerously wrong advice? When a recommendation algorithm steers vulnerable users toward harmful content? Or when a company uses machine learning to nudge people into purchases they later regret?
Read moreSpeech - Fair Go, Fair Markets: Consumer Trust in a Fast-Changing Australia
The Hon Andrew Leigh MP
Assistant Minister for Productivity, Competition, Charities and Treasury
Fair Go, Fair Markets: Consumer Trust in a Fast-Changing Australia
ADDRESS TO THE 2025 NATIONAL CONSUMER CONGRESS
MELBOURNE
FRIDAY, 27 JUNE 2025
I acknowledge the Traditional Owners of the land on which we meet – the Wurundjeri Woi-wurrung people of the Kulin Nation – and pay my respects to their Elders past and present.
Consumer protection matters everywhere, but its importance is especially clear in First Nations communities. A recent case reminded us of the serious harm that can occur when companies exploit Indigenous customers – and of the regulator’s willingness to act when that trust is breached.
I thank each of you for being here – consumer advocates, regulators, researchers, and business leaders. It’s great to be speaking to a room full of people who actually read the digital services agreements the rest of us scroll past on the way to ‘Accept All’.
The theme of this year’s National Consumer Congress – Who can we trust? – goes to the heart of what it means to have a functioning economy. Trust is not an optional extra. It is not a marketing gimmick or a nice-to-have. It’s the foundation on which every transaction rests.
These days, trust is harder to earn than an Uber five-star rating – and once lost, just as hard to claw back.
If you buy a carton of eggs, you trust that it won’t make your family sick. If you purchase a fridge, you trust that the energy rating is accurate. If you take out a home loan, you trust that the terms have been fairly disclosed. And if you complain, you trust that someone will listen – and act.
When that trust is absent, we all pay the price. Markets become less efficient. Consumers become more cautious. The playing field tilts towards those who can afford to game the system.
But when trust is present – when people believe the system works for them, not just for the powerful – they engage more confidently, spend more freely, and contribute to stronger and fairer markets.
Read moreSpeech - 'The Progressive Productivity Agenda’
The Hon Andrew Leigh MP
Assistant Minister for Productivity, Competition, Charities and Treasury
‘The Progressive Productivity Agenda’
The McKell Institute
Sydney
Wednesday, 25 June 2025
I acknowledge the Gadigal people of the Eora nation, their elders past and present, and all First Nations people here today. My thanks to Ed Cavanough and the McKell Institute team for the invitation. The McKell Institute is a power player in the world of progressive ideas, and Australia is better for your contributions – incisive, practical, and unafraid of a bold argument. If progressive policy ideas were a competitive sport, McKell would already have a Brownlow – and perhaps a tribunal hearing or two.
Introduction
In 1930, just as the global economy was plunging into depression, John Maynard Keynes published a remarkably upbeat essay: Economic Possibilities for our Grandchildren (Keynes 1930). The aim, he said, was to ‘disembarrass myself of short views’ – to look beyond the Depression and imagine what life might be like a century hence.
Keynes and his wife Lydia Lopokova never had children, but I’m in the generation that would have been his great-grandchildren. Which means I’m also part of the generation he was writing about – the ones who, by 2030, would inherit a world shaped by rising productivity and the promise of abundance.
Keynes made two bold predictions.
First, he forecast that the standard of life in ‘progressive countries’ would rise four to eightfold. In Australia, that prediction has come true. Real GDP per capita is now more than five times higher than it was in 1930 (Hutchinson et al 2025). Our homes are warmer, our diets richer, our healthcare and education vastly more advanced. In almost every material sense, we now live in the world he foresaw.
His second prediction was that people would work no more than fifteen hours a week. Freed from the struggle for subsistence, Keynes believed, we could turn our attention to ‘the art of life itself’ – to leisure, to creativity, to community.
That future hasn’t arrived. But the reason isn’t that productivity failed to grow. It’s that we made a different choice.
Read moreMedia Release - Supermarket smarts: Helping shoppers find the best deals - 25 June 2025
The Hon Dr Andrew Leigh MP
Assistant Minister for Productivity, Competition, Charities and Treasury
Supermarket smarts: Helping shoppers find the best deals
25 June 2025
The fifth Albanese Government funded CHOICE quarterly report into supermarket prices released today gives consumers the latest pricing information on household products, including popular ingredients for winter meals.
Kicking off the second year of reports for supermarket shoppers, CHOICE priced groceries at 104 supermarkets in 27 locations across Australia in March.
Overall, Aldi was once again the cheapest supermarket for a basket of 14 goods (without specials), followed by Woolworths, Coles, then IGA.
Including specials, CHOICE found that Aldi was still the cheapest, followed by Coles, Woolworths, then IGA. However, the gap between Aldi and Coles and Woolworths was smaller than in previous reports. This is due to the shopping basket in this year’s quarterly report comparing more fresh fruit and vegetables.
‘Winter warmer’ items like vegetable stock, sour cream, drinking chocolate, butternut pumpkins, quick oat sachets, garlic, and brown onions are in the spotlight for this quarter’s report.
Comfort food and confident customers are a good recipe, with the government backing consumers to get the best deals in the supermarket aisle.
Read moreTranscript - ABC Afternoon Briefing - 24 June 2025
The Hon Andrew Leigh MP
Assistant Minister for Productivity, Competition, Charities and Treasury
E&OE TRANSCRIPT
TV INTERVIEW
ABC AFTERNOON BRIEFING WITH PATRICIA KARVELAS
TUESDAY, 24 JUNE 2025
SUBJECTS: Oil prices, petrol price monitoring by the ACCC, Israel-Iran ceasefire, Coalition’s regulation hypocrisy, Labor’s abundance agenda, Reform Roundtable
PATRICIA KARVELAS: My guest this afternoon is the Assistant Minister for Productivity, Competition, Charities and Treasury, Andrew Leigh -welcome to the program.
ANDREW LEIGH: Thanks, Patricia. Great to be with you.
PATRICIA KARVELAS: I want to start on the conflict, and then we'll move, of course, on to these domestic economic issues which are huge. We're yet to hear from Israel in relation to this ceasefire. It's been several hours now since the President declared a ceasefire. Are you worried that sends perhaps a message that this cease fire may not hold?
ANDREW LEIGH: I'm certainly hopeful that it does Patricia. We need sustained peace in the Middle East, and the prospect of an ongoing Middle East war - a conflagration that's even worse than we're seeing now - would be desperately dangerous for so many people in the region, including thousands of Australians who are there right now. It's important that we keep Iran within the non-proliferation treaty that allows that IAEA monitoring of its nuclear capability, which has been important. And long-term, we want Iran to be joining that prosperity agenda which has been pursued by other countries in the Middle East, which is of course in the interests of Iran and its people.
Read moreTranscript - ABC Radio Canberra - 20 June 2025
The Hon Andrew Leigh MP
Assistant Minister for Productivity, Competition, Charities and Treasury
E&OE TRANSCRIPT
RADIO INTERVIEW
ABC RADIO CANBERRA, BREAKFAST WITH ROSS SOLLY
FRIDAY, 20 JUNE 2025
SUBJECTS: Labor’s productivity agenda, GST, competition reforms, Labor investments in Canberra, bulk-billing, universal basic income
ROSS SOLLY: Andrew Leigh is the Assistant Minister for Productivity, and he joins us this morning. Andrew Leigh good morning to you.
ANDREW LEIGH: Good morning Ross, great to be with you.
ROSS SOLLY: It is great to have you on the show this morning. Did you go a run in the minus seven this morning? Just out of interest Andrew Leigh?
ANDREW LEIGH: I was on the bike trainer this morning, so a little bit warmer, but I was out running yesterday – wonderfully crisp.
ROSS SOLLY: Lovely, best time of year to be out and about. Andrew Leigh first of all, can you tell me why does nobody ever talk about increasing the level of GST? When it came in at 10% the discussion was, you know, that there was - in future we could move it around. You'd need all the states and territories on board but if the moment required that it would be something we could look at. But nobody ever talks about it?
ANDREW LEIGH: Ross, that's not the way I remember things. I remember it very much as being John Howard saying very firmly, ‘this is locked in at 10% and the way I'll prove to you it's locked in at 10% is I'll include in the legislation, a requirement that every single state and territory has a veto power over any change’.
ROSS SOLLY: Yeah.
Read moreSpeech - Mutual Gains: A Co-operative Approach to Competition
The Hon Andrew Leigh MP
Assistant Minister for Productivity, Competition, Charities and Treasury
Mutual Gains: A Co‑operative Approach to Competition
Business Council of Co-operatives and Mutuals’ CEO Strategy Roundtable
Online Address
Thursday, 19 June 2025
G’day everyone – and thanks for inviting me to be part of the Business Council of Co-operatives and Mutuals’ CEO Strategy Roundtable. I acknowledge the Gadigal people of Sydney and the Ngunnawal people of Canberra, and recognise the important work that cooperatives and mutuals do to spread opportunity in First Nations communities. My thanks to the remarkable Melina Morrison for the invitation to speak with you today.
Let me start with a story. My grandfather, Keith Leigh, was born in 1912. When the stock market crashed in 1929, he was just 17 years old. To make ends meet during the Great Depression, he became a travelling salesman – mostly selling hosiery. As Keith liked to say, he was a “traveller in ladies’ underwear”.
The 1930s were tough, as they were for many Australians. Toward the end of that decade, Keith and his friend Lindsay Brehaut decided to do something practical to help their community. They set up the Hobson’s Bay Co‑Op – named after the little inlet at the top of Port Phillip Bay in Melbourne. It gave locals a way to pool their buying power – at a time when every penny counted.
That spirit – people working together to meet shared needs – is the foundation of the co-operative and mutual movement. And it’s why I’m so pleased to join you today.
Read more