Media releases

2019

New tax treaty with Israel enters into force

Today, the Morrison Government ratified an historic new tax treaty between Australia and Israel, representing an important milestone in removing tax barriers and facilitating trade and investmen

Consumers to get better deals under Comprehensive Credit Reporting

Consumers and small businesses will have better access to finance under legislation re-introduced into the Parliament today by the Morrison Government to enact the Mandatory Comprehensive Credit Re

Morrison Government better targeting the Research and Development Tax Incentive

The Morrison Government has today reintroduced legislation to better target the Research and Development Tax Incentive (R&DTI) and to ensure its ongoing sustainability.

Introducing legislation to establish the Australian Business Growth Fund

The Morrison Government has today introduced legislation that will allow the Government to invest in the Australian Business Growth Fund (BGF) to ensure that small and medium-sized businesses (SME’

National Accounts - September Quarter 2019

Today’s National Accounts shows that the Australian economy remains remarkably resilient in the face of significant global and domestic economic headwinds.

Taking action on the Banking, Superannuation and Financial Services Royal Commission – Recommendation 6.10 Memorandum of Understanding between APRA and ASIC

The Morrison Government today welcomes the updated Memorandum of Understanding (MOU) between the Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Aut

Appointment of the Australian Bureau of Statistics Australian Statistician

The Morrison Government is pleased to announce the appointment of Dr David Gruen as the Australian Statistician to the Australian Bureau of Statistics (ABS) for a five-year period commencing from 1

Introducing legislation to implement further recommendations of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry

Consumers and small businesses will be further protected under legislation introduced into the Parliament today by the Morrison Government.

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