Media releases

2019

Productivity Commission to review National Skills & Workforce Agreement

The Morrison Government today has requested the Productivity Commission to review the National Agreement for Skills and Workforce Development (NASWD).

Conditional approval - acquisition of Bellamy's Australia

The Treasurer has provided conditional foreign investment approval for the proposed acquisition of Bellamy’s Australia Ltd (Bellamy’s) by China Mengniu Dairy Company Limited (China Mengniu).

Infrastructure tax concession to boost government's record infrastructure plan

The Morrison Government is seeking to unlock billions of dollars in capital for nation building infrastructure through tax incentives for projects worth more than $500 million.

New laws are a win for energy users

The Morrison Government’s new measures designed to deal with misconduct in the electricity sector and ensure Australian households, businesses and industries get a fair deal on energy has passed th

Statement on the Conduct of Monetary Policy

In the months following the election I have given careful consideration to the current Statement on the Conduct of Monetary Policy.

Consultation on legislation for Australian Business Growth Fund

The Morrison Government has today released for consultation exposure draft legislation that will give effect to the Government to invest in an Australian Business Growth Fund (BGF) to ensure that s

Australia’s AAA credit rating reaffirmed by Fitch

Australia’s AAA credit rating has been reaffirmed by Fitch Ratings in a strong expression of confidence in the Morrison Government’s disciplined fiscal and economic management.

Supporting first home buyers

The Coalition Government has today released for consultation the draft Investment Mandate for the First Home Loan Deposit Scheme (the Scheme) which will help eligible first home buyers

Appointment of New Business Council of Australia President

The Morrison Government welcomes the announcement from the Business Council of Australia (BCA) of the appointment of Mr Tim Reed as their new President.

IMF, World Bank & G20 meetings in the United States

From 16 to 20 October, I will travel to Washington D.C.

Supporting first home buyers

First home buyers will be able to enter the property market sooner after the Coalition Government passed new laws through the Parliament today to implement the First Home Loan Deposit Scheme (the

Taking action on the Banking, Superannuation and Financial Services Royal Commission - Recommendation 2.4: Grandfathered commissions

Consumers will benefit from lower fees following the removal of conflicted remuneration for financial advice after the Coalition Government passed new laws through the Parliament yesterday, ending

ACCC inquiry into residential mortgage prices

The Coalition Government has today directed the Australian Competition and Consumer Commission (ACCC) to undertake an inquiry into the pricing of residential mortgage products.

Council on Federal Financial Relations meeting

Commonwealth, state and territory treasurers have agreed to a program of work to boost the nation’s productivity and to develop actionable items in the areas of transport, health, skills and enviro

Taking action on the Banking, Superannuation & Financial Services Industry Royal Commission – Recommendation 2.10: New financial adviser disciplinary system

The Morrison Government is accelerating the establishment of a new disciplinary system and single disciplinary body for financial advisers as recommended by the Royal Commission into Misconduct in

Consultation on removing the exemption for funeral expenses policies

The Coalition Government has today released for consultation draft regulations and legislation to remove the Corporations Act exemption for funeral expenses policies to be t

Review of the retirement income system

The Coalition Government is continuing to ensure Australians are well-supported during their retirement by today commissioning an independent review of the retirement income system.

The Port of Newcastle

On 2 July 2018, the Port of Newcastle Operations Pty Ltd wrote to the National Competition Council (NCC) requesting that it make a recommendation about whether or not to revoke declaration of th

Appointment of the Australian Energy Regulator Chair

The Morrison Government is pleased to announce the appointment of Ms Clare Savage as the full-time Chair and State/Territory member of the Australian Energy Regulator (AER), for a five year peri

Government passes legislation to protect low balance and young superannuation members

The retirement savings of Australians will be protected from inappropriate insurance with the passage of legislation through the Parliament today.