Media releases

2018

Tax relief five years earlier for small & medium-sized businesses

The Coalition Government is getting on with the job of fast-tracking tax relief for 3.3 million small and medium-sized businesses with the introduction of legislation into Parliament today.

Fast tracking tax relief for small and medium businesses

Millions of small and medium sized businesses will pay less tax, sooner – with the Coalition Government delivering its tax relief five years earlier than planned.

IMF, World Bank and G20 meetings in Indonesia

From 11 to 13 October, I will travel to Bali, Indonesia, to attend the Annual Meetings of the World Bank and International Monetary Fund (IMF) as well as the G20 Finance Ministers and Central Bank

Drought Finance Taskforce to further support farmers and local small businesses

The Liberal-National Government, the National Farmers Federation and banks are set to come together through a new Drought Finance Taskforce designed to leverage resources and share insights on ways

Consultation on removing the GST on feminine hygiene products

The Coalition Government is getting on with the job of removing the Goods and Services Tax (GST) on feminine hygiene products.

New Productivity Commission Inquiry to shine a light on mental health

The Morrison Government will establish a Productivity Commission Inquiry into the role of mental health in the Australian economy and the best ways to support and improve national mental wellbeing.

Council on Federal Financial Relations meeting

Today the Council on Federal Financial Relations (CFFR) met in Melbourne.

Strengthening Australia's corporate tax system in the age of the digital economy

The Coalition Government is continuing to strengthen the integrity of Australia's corporate tax system as part of our plan for a stronger economy and to deliver the essential services that Australi

$2 billion in foreign currency conversion fees to be put under the microscope

Australians are charged $2 billion worth of foreign transaction fees every year, with fees applied to:

Legislating a fairer way to distribute the GST

The Liberal and Nationals Government will legislate a fairer and more sustainable GST deal for everyone.

Release of the Royal Commission’s interim report into Misconduct in the Banking, Superannuation & Financial Services Industry

The Liberal-National Government has today welcomed the interim report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry and tabled it in Parliam

Government consults on stronger penalties for corporate and financial sector misconduct

The Coalition Government is committed to ensuring the Australian Securities and Investments Commission (ASIC) has the powers it needs to take strong action to protect consumers from corporate and f

Supporting Australian farmers: instant depreciation for fodder storage assets

Australian farmers can now access tax relief sooner, as a part of the Government’s $1.8 billion plan to help drought-affected farmers.

Smallest deficit in ten years

The Liberal-National Government’s economic plan and responsible budget management has seen the Final Budget Outcome for the 2017-18 financial year record an underlying cash deficit $19.3 billion be

AAA credit rating reaffirmed by S&P

Australia’s AAA credit rating has been reaffirmed by Standard & Poor’s (S&P) in a strong expression of confidence in the Government’s economic management.

Labor delays greater competition and consumer protections in financial services

Labor is delaying the establishment of a mandatory comprehensive credit reporting system that would increase competition and enhance consumer outcomes in the financial services sector, despite the

Making sure foreign investors and multinationals pay their fair share of tax

The Coalition Government is taking strong action to protect the integrity of Australia’s tax system, with the introduction of two bills that will further ensure that those who do business in Austra

Resignation of Mr Peter Kell as a Deputy Chair of ASIC

Mr Peter Kell has announced his resignation as Deputy Chair of the Australian Securities and Investments Commission (ASIC), following seven years of service.

Passage of government’s action to enhance ASIC’s capabilities

The Morrison Government is committed to delivering strong and effective regulators to govern our financial system.

Cracking down on the black economy

The Coalition Government has today delivered on the first of its commitments to tackle the black economy and further protect the integrity of our tax system, with the passage of tough new laws that