Media releases

2021

Exposure draft legislation to improve timeliness of National Access Regime processes

The Morrison Government will this week release exposure draft legislation to implement three important reforms to improve the timeliness of processes under the National Access Regime (Regime), as a

Superannuation portfolio holdings disclosure

In a major boost to superannuation transparency, Australians will have access to information about how superannuation funds are investing their money following the finalisation today of new regulat

From today 'Your Super Follows You'

As part of the most significant suite of reforms to superannuation in nearly 30 years, the Morrison Government is helping to safeguard Australians’ retirement by ensuring their superannuation follo

G20 endorses global minimum tax rate

The global economy is one step closer to a minimum corporate tax of 15 per cent after the Prime Minister and other G20 Leaders endorsed the OECD Inclusive Framework on Base

Government meets legislative commitments in response to Hayne Royal Commission

The Morrison Government has today introduced legislation into Parliament to establish the Financial Accountability Regime and the Compensation Scheme of Last Resort.

Enhancing the super system and driving business investment

The Morrison Government has today introduced into Parliament the Treasury Laws Amendment (Enhancing superannuation outcomes for Australians and helping Australian businesses invest) Bill 2021,

Litigation funding reforms introduced into Parliament

The Morrison Government has today introduced legislation into Parliament to improve outcomes for litigation funding participants by promoting a fair and reasonable distribution of class action proc

Permanent changes to Annual General Meetings and electronic communications

As part of our plan to secure Australia’s economic recovery, the Morrison Government has today introduced into parliament a Bill to modernise the Corporations Act 2001 by permanently allow

Fitch upgrades Australia's outlook and affirms AAA credit rating

In a clear expression of confidence in the Morrison Government’s economic management, Fitch Ratings have affirmed Australia’s AAA credit rating and upgraded its outlook to stable from negative.

G20 Finance Ministers and Central Bank Governors meeting

Overnight, I participated virtually in the Fourth G20 Finance Ministers and Central Bank Governors meeting held in Washington D.C., under the Presidency of Italy.

Insights from the first six months of JobKeeper

Commonwealth Treasury has today released a report, titled ‘

Australia welcomes historic global tax agreement

The Morrison Government welcomes the significant progress made overnight towards the implementation of a global tax agreement which will help ensure that multinationals pay their fair share of ta

Australian Business Growth Fund announces first investment

The Morrison Government welcomes the Australian Business Growth Fund’s (ABGF) inaugural investment.

Additional Banking, Superannuation and Financial Services Royal Commission reforms take effect

Consumers and small businesses will benefit from additional protections with the commencement of a further nine recommendations of the Banking, Superannuation & Financial Services Royal Commiss

Final Budget Outcome 2020-­21

The Final Budget Outcome for 2020‑21 shows Australia’s economy is resilient and well‑positioned

Ensuring fair and reasonable returns to class action plaintiffs

The Morrison Government has today released for consultation

Supporting NSW businesses through to reopening

The Morrison and Berejiklian Governments will continue supporting thousands of small and medium-sized businesses until New South Wales is expected to reach 80 per cent vacci

Further support for ACT businesses impacted by COVID-19

The Commonwealth and the Australian Capital Territory (ACT) Governments have worked together to continue supporting ACT businesses impacted by COVID-19.

Supporting Victorian businesses through to reopening

A jointly-funded package of grants from the Commonwealth and Victorian Governments will support thousands of small and medium-sized businesses through the next six weeks at which point

COVID-19 Disaster Payment

The temporary COVID-19 Disaster Payment has supported around 2 million Australians with over $9 billion in payments made since it was announced in June this year.