Media releases

2021

Queensland tourism industry to benefit from $70m joint Federal State grants

The Commonwealth and Queensland Governments have reached agreement to further target $70m from the State and Federal Governments $600m support package to boost support for Queensland’s major touris

Vale John Elliott

I was deeply saddened to hear of the passing of John Elliott. A larger than life figure who left an indelible mark on Australia’s corporate, political and sporting life.

Senator the Honourable Scott Ryan

Senator Scott Ryan departs the Parliament after 13 years of distinguished service.

Ambassador and Permanent Representative of Australia to the OECD

Today I announce the appointment of Mr Brendan Pearson as Australia’s next Ambassador and Permanent Representative to the Organisation for Economic Cooperation and Development (OECD) in Paris.

Further support for ACT businesses impacted by COVID-19

The Commonwealth and the Australian Capital Territory (ACT) Governments have worked together to expand the COVID‑19 Business Support Grants and agree to an additional COVID‑19 Tourism, Accommodatio

Expanding Australia’s tax treaty network to cover 80 per cent of foreign investment

The Morrison Government will expand Australia’s tax treaty network to support the economic recovery and ensure Australian businesses are well placed to take advantage of the opportunities that will

OECD reaffirms Australia's economic resilience

The Morrison Government welcomes the Organisation for Economic Co‑operation and Development’s (OECD) Economic Survey of Australia, which commends the Government’s “strong economic

Queensland businesses on New South Wales border to benefit from multi-million-dollar funding injection

The Commonwealth and Queensland Governments will deliver a $52.8 million emergency support package to help businesses suffering due to the border restrictions with New South Wales and to provide ta

Supercharge business support package on the way for Tasmanian Businesses

The Tasmanian and Commonwealth Governments have worked together to deliver a significantly expanded and supercharged support program for Tasmanian businesses with a total of $70 million now availab

Further support for South Australian small businesses impacted by COVID-19

A new jointly-funded package from the Commonwealth and South Australian Governments will give local small and medium tourism and hospitality related businesses impacted by ongoing tradi

Inaugural Financial Regulator Assessment Authority members appointed

The Morrison Government has today appointed the inaugural members to the Financial Regulator Assessment Authority (FRAA).

Extended support for Victorian businesses

A jointly-funded support package from the Commonwealth and Victorian Governments will provide a critical four-week boost to small and medium-sized Victorian businesses most impacted by the current

Increased support for ACT businesses impacted by COVID-19

The Commonwealth and the Australian Capital Territory (ACT) Governments have worked together to expand the COVID-19 Business Support Grants with the extension of the ACT lockdown to 17 September.

Your Future, Your Super reforms reveal underperforming MySuper products

As part of the most significant changes to superannuation in nearly 30 years, the Morrison Government is holding underperforming funds to account and strengthening protections for the retirement sa

Review of Australia's payments system

The Morrison Government has today released the final report of the Payments System Review, which considered whether the regulatory architecture of the Australian payments system is fit‑for

Temporary and targeted relief on ASIC levies for financial advisers

The Morrison Government is today announcing temporary and targeted relief for financial advisers by reducing the cost recovery levies charged by the Australian Securities and Investments Commission

Increasing international competitiveness for Australia’s managed fund industry

As part of our plan to increase the competitiveness of Australia’s managed funds industry, the Morrison Government will begin consultation on finalising its Corporate Collective Investment Vehicles

Future Fund continues to deliver huge dividend for Australia

The Morrison Government has today welcomed the Future Fund’s latest portfolio update which shows it delivered its strongest ever investment earnings in 2020‑21, despite ongoing investment challenge

New Statement of Expectation for the Australian Securities and Investments Commission

The Morrison Government has today released a new Statement of Expectations for the Australian Securities and Investments Commission (ASIC), outlining the Government’s priorities for, and expectatio

Supporting more small and medium sized business to access funding

The Morrison Government is providing additional support to small and medium sized businesses (SMEs) who continue to deal with the economic impacts of the COVID‑19 crisis by expanding eligibility fo