Media releases

Australian homeowners are a step closer to plain English in home insurance with the release today of a discussion paper on the Key Facts Sheet: Home Building and Home Contents Insurance Policies

The Gillard Government's plans for smarter, simpler, fairer superannuation took another step forward today with the inaugural meeting of the Superannuation Roundtable in Sydney.

Australians are set to benefit from significant savings in superannuation as 6.9 million inactive superannuation accounts are reunited with their owners, according to research by the Financial Se

Labour force figures released today by the Australian Bureau of Statistics show more Australians have a job than ever before, reflecting the underlying strength and resilience of the Australian l

More than 5,300 Australians can expect to start seeing their share of over $54 million in compensation payments beginning today.

The Gillard Government is today pleased to announce a new Superannuation Roundtable to consider ideas raised at the Tax Forum for providing Australians with more options in retirement and improving

The Productivity Commission will conduct an inquiry into the selection and ongoing assessment of default superannuation funds in modern awards, Minister for Superannuation, Bill Shorten and Assi

Australia's strong economic fundamentals have received another resounding endorsement today with the release of the Heritage Foundation and Wall Street Journal's annual 2012 Index of Economic Fr

Today, the Minister for Financial Services, Bill Shorten, provided clarity to providers of superannuation platforms and multifunds in respect of Shorter Product Disclosure Statement (SPDS) regime

Australia will aim to attract more foreign capital after the Government announced it would implement the third and final element of an investment manager regime (IMR), which was a key recommenda

The Gillard Government is continuing its efforts to make flood insurance simpler and more effective following the release last month of the report of the Natural Disasters Insurance Review.

Reducing red tape and simplifying how not-for-profits are managed and administered is the focus of a consultation paper Review of not-for-profit governance arrangements, released by Assist

Australians will have better access to limited financial advice with robust protections following the release of the details of new requirements that will apply to the delivery of 'intra-fund' a

Last week marked a win for older working Australians with the House of Representatives passing amendments to the Superannuation Guarantee (Administration) Amendment Bill 2011 that abolish the su

Around 125,000 self-funded retirees will benefit from an extension of drawdown relief for account-based pensions to the 2012-13 year, with a 25 per cent reduction in the minimum payment amounts

The Gillard Government today announced a number of superannuation measures as part of the Mid-Year Economic and Fiscal Outlook.

The Government will introduce changes to income tax law affecting consolidated groups as part of its continued commitment to maintaining the integrity, equity and fairness of the tax system.

The Gillard Government will defer by one year its phase down of interest withholding tax, paid primarily by financial institutions.

The House of Representatives Standing Committee on Social Policy and Legal Affairs inquiry into claims processing (the Inquiry) will consider issues around residential strata insurance, particul

The Australian launch of the UN International Year of Co-operatives kicked off today at Parliament House with the release of a $1 collectible coin produced by the Royal Australian Mint recognisi