Media releases

The Government is taking action to increase competition in the credit card industry by expanding the number of companies that can issue cards or process card transactions for retailers. 

The Senate's vote – again – in support of the Government's improvements to our financial advice laws is good news for consumers and for small business financial advisers.

The Government is pleased to announce the appointment of Ms Kris Peach as the full‑time Chair of the Australian Accounting Standards Board from 3 November 2014 for a five year term.

Labor’s Shadow Treasurer will contradict himself if during his address to the National Press Club he calls on the Parliamentary Budget Office to prepare all economic forecasts.

The Government has delivered on our commitment at both the 2010 and 2013 elections to scrap the failed Minerals Resource Rent Tax (mining tax).

The Government is pleased to announce the appointment of four new members to the Takeovers Panel. 

More than one million Australians are managing their tax through the convenience of myGov.

The Government is today delivering on our election commitment to review regulatory barriers restricting the availability of retirement income stream products.

The Government committed to repeal the Minerals Resource Rent Tax (mining tax) and its associated spending measures in an entirely transparent manner at both the 2010 and 2013 Federal Elections.

The Government is progressing our commitment to establish an enhanced public register of financial advisers.

Today the Abbott Government is introducing Labor 2013-14 Budget Savings (Measures No. 1) Bill 2014, to implement the savings that Labor announced and booked but never legislated.

The Senate's vote in support of the Government's improvements to our financial advice laws is good news for consumers and for small business financial advisers.

Today we release the Inspector-General of Taxation's Review into the Australian Taxation Offices administration of penalties.

The Government is pleased to announce the appointment of Mr Graeme Mitchell, Mr David Nicol and Mr Bill Edge to the Financial Reporting Council as part-time members.

The Government today releases proposals to centrally clear Australian Dollar-denominated interest rate derivatives.

We welcome the announcement of the Open Advice Review Program by CBA today.

Ten months ago we made a commitment to deliver a scheme that will boost exploration for new mineral deposits. Today we deliver on that commitment.

More Australian farmers will soon be able to use the Farm Management Deposits Scheme to prepare for the tough times following improvements made by the Government.

The Government is improving consumer protections for Australians that borrow small amount loans, also known as 'payday' loans.

We are pleased to announce the cross-appointments of Mr David Oliver Jones MNZM to the Australian Takeovers Panel and Mr Richard Hunt to the New Zealand Takeovers Panel.