Media releases

2017

Statement - Council on Federal Financial Relations meeting

The Council on Federal Financial Relations (CFFR) met today in Canberra to progress issues of national economic significance.

Government launches $2.1m program to support children of veterans with mental health issues

Minister for Veterans’ Affairs the Hon. Dan Tehan and Treasurer the Hon.

G20 Finance Ministers and Central Bank Governors Meeting – Baden-baden, Germany

Today I will be travelling to Baden-Baden, Germany, to attend the first G20 Finance Ministers and Central Bank Governors Meeting under Germany’s 2017 G20 Presidency.

Turnbull Government establishes affordable housing taskforce

The Turnbull Government today announced the establishment of the Affordable Housing Implementation Taskforce, which will develop an affordable housing bond aggregator model for consideration by the

National Accounts - December quarter 2016

Today’s December Quarter National Accounts shows that our economy rebounded strongly from the unexpectedly weak result in September, growing at 1.1 per cent in the December quarter.

Turnbull Government welcomes ongoing parliamentary scrutiny of big four banks

The Turnbull Government welcomes the commencement this week of further House of Representatives Economics Standing Committee hearings with Australia's major banks and will respond to the Committee'

Australian Fintechs hit investment high

An independent survey released this week shows that Australia has achieved world-leading growth in its FinTech industry.

Huge demand for record $11 billion bond issue

Australia has locked in a record $11 billion government bond deal, reaffirming investor confidence in the long term prospects of the Australian economy.

Turnbull Government delivering $3 billion boost to responsibly fund the NDIS

The Turnbull Government will commit $3 billion in funding to the National Disability Insurance Scheme (NDIS), taking an important step towards fully and responsibly paying for the scheme, which wil

Labor has run out of excuses on business tax cuts as RBA governor exposes their threat to jobs

Labor has run out of excuses to justify their hypocritical opposition to the Turnbull Government’s plans to drive more jobs and higher wages through lower business taxes, following the independent

IMF praises Australia's economic performance

The International Monetary Fund’s (IMF) annual assessment of Australia’s economy and key policy settings has highlighted Australia’s strong economic performance.

Turnbull Government continues crackdown on multinational tax avoiders

Today the Turnbull Government introduced legislation into the Parliament to implement the new Diverted Profits Tax, which will prevent multinationals shifting profits made in Australia offshore to

Responsible budget savings to fund more affordable child care for Australian families

The Turnbull Government will today introduce legislation to make the Australian child care system more affordable, flexible and accessible for Australian families, while implementing the necessary

Turnbull Government's Enterprise Tax Plan to drive investment, jobs and wages

The Turnbull Government’s ten year Enterprise Tax Plan will drive the business investment our nation needs to boost jobs and grow the wages of Australian workers in a globally competitive environme

Inquiry into Australia's water resources

The Turnbull Government has announced a Productivity Commission inquiry into the reform of Australia’s water resources sector.

Social impact investing discussion paper released

Today, the Turnbull Government is releasing a discussion paper on social impact investing and the development of the social impact investment market in Australia.

Keeping Australia's critical infrastructure secure

Today the Turnbull Government is launching a dedicated centre to manage the complex and evolving national security risks to Australia’s critical infrastructure.

Treasurer to meet with UK and European counterparts on financial sector innovation and housing affordability reforms

This week I will be holding high level meetings with counterparts in the UK and Germany on the UK and European economies, assessing the progress and suitability of financial sector innovations and

Review of the National Disability Insurance Scheme costs

The Government has announced a Productivity Commission review into the National Disability Insurance Scheme costs consistent with the Heads of Agreements with the states and territories and the Com