Media releases

2019

New Council to Advise Government of Future of Sector

As part of its commitment to the retail industry, the Gillard Government will establish the Retail Council of Australia to advise the Government on the future of the sector, Assistant Treasurer Bil

Comprehensive response to combating superannuation investment fraud

Today the Minister for Financial Services and Superannuation released the Government's response to the report by the Parliamentary Joint Committee on Corporations and Financial Services on the c

2013

Media Statement

It was a privilege to serve as Minister for Financial Services and Superannuation in the Gillard Labor Government.

8.4 million Australians to receive more Super from 1 July

Labor is determined to ensure Australians who work hard their entire lives don't retire poor.

Super bills pass Parliament and mark completion of reform agendas

The passage of four Bills through the Senate last night marks the completion of Labor's ambitious superannuation reform agenda.

New analysis shows benefits of Gillard Government's superannuation reforms

Millions of hard-working Australians will benefit from the Gillard Government's superannuation reforms, with new analysis showing the gains for workers across each industry.

Less red tape for insurers, better protection for consumers

The Gillard Government has welcomed the passage of legislation today that will reduce complexity and provide certainty for insurers and consumers alike.

Fairer Taxation of Excess Concessional Contributions

The Gillard Labor Government will today introduce legislation which allows individuals to withdraw any excess concessional contributions made from 1 July 2013 from their superannuation fund without

Super Charter consultations close Friday

Not so long ago in this nation's history, superannuation was just an idea.

Super Charter consultations commence

Minister for Superannuation Bill Shorten has urged those interested in the future of super to have their say by making a submission or attending a public forum on Australia's first Super Charter.

Trans-Tasman super portability

Arrangements for the trans-Tasman retirement savings portability scheme have been finalised today, with regulations to implement the scheme registered and diplomatic notes exchanged between the

More super for more Australians

Australians will be able to see for themselves how they will benefit from the Gillard Government's superannuation reforms through updates to the

Gillard Government helps older Australians put more into their super

Minister for Financial Services and Superannuation Bill Shorten today welcomed the passage of legislation through the House of Representatives which will allow older Australians to put more into

LNP hit Qld flood victims in Budget

Flood victims in Queensland will be hit with even higher insurance premiums under a Budget measure announced by the Newman Government today.

Positive outlook in super will make Liberal cuts even more damaging

The Minister for Superannuation Bill Shorten has welcomed news that superannuation funds are on track to post their best performance in 16 years.

Abbott cuts super to the bone

Every Australian worker with superannuation will have their retirement savings cut by Tony Abbott.

Older Australians will be allowed to put more into their super

The Gillard Government today introduced legislation which will allow older Australians to put more into their superannuation.

Better protections for vulnerable clothing industry workers

Some of Australia's most vulnerable workers—most of them women—will enjoy greater workplace protections under an extension of the Gillard Government's Fair Entitlements Guarantee.

Supporting the Queensland Working Women's Service

Minister for Employment and Workplace Relations Bill Shorten today announced additional funding for the Queensland Working Women's Service (QWWS).

Helping more Australians with intellectual disability find work

More than 700 Australians with intellectual disability can get more help to find and keep a job in open employment with an extra $5.5 million from the Australian Government.