Media releases
2016
Exposure Draft: GST on low value imported goods
The Turnbull Government has today released exposure draft legislation and explanatory material for the GST on low value imported goods measure announced in the 2016-17 Budget.
Release of Productivity Commission draft report into Data Availability and Use
The Turnbull Government today welcomed the release of the Productivity Commission’s draft report into Data Availability and Use which examined ways to unlock data to empower citizens and boost tran
Launch of the Australia and New Zealand Infrastructure Pipeline
The Australian and New Zealand Governments will today launch the Australia & New Zealand Infrastructure Pipeline (ANZIP), reinforcing a shared commitment to Trans-Tasman collaboration,
Superannuation Reform: Third tranche of exposure draft
The Turnbull Government has today released further Exposure Draft legislation and explanatory material for the superannuation reforms first announced in the 2016-17 Budget.
Strong demand for 30-year bond demonstrates confidence in Australia’s economy
The market’s response to the Australian Government’s 30-year bond reaffirms investor confidence in the long term prospects of the Australian economy.
Tax relief for 500,000 Australians delivered
The Turnbull Government's legislation to provide personal income tax relief has passed the Parliament, confirming 500,000 average full-time wage earners will have more money in their pockets.
International Monetary and Financial Committee - Statement on behalf of the Asia and the Pacific Constituency
Global Outlook:
The outlook for the world economy is subdued as global growth remains stubbornly low against the backdrop of low interest rates, low inflation and low wage growth.
International Monetary Fund and World Bank Annual Meetings – Washington D.C.
Today I leave for the United States to attend the International Monetary Fund (IMF) and World Bank Annual Meetings in Washington D.C. on 7-8 October 2016.
Clamping down on market manipulation of financial benchmarks
The Turnbull Government is strengthening financial regulation to better protect Australians from the possible abuse and manipulation of financial benchmarks by banks.
2015-16 Final Budget Outcome
The Final Budget Outcome for 2015-16 shows that the Government is continuing to repair the Budget by lowering the spending growth trajectory of the previous Labor government.
Superannuation reform: Second tranche of exposure draft
The Turnbull Government has today released further Exposure Draft legislation and explanatory material for the superannuation reforms first announced in the 2016-17 Budget.
Better working holiday maker tax arrangements
The Turnbull Government recognises that working holiday makers are an important part of Australia’s $43.4 billion tourism industry and a key source of labour, particularly in the agriculture, horti
Australia welcomes the nomination of Dr Jim Yong Kim as World Bank President for a second term
Minister for Foreign Affairs, the Hon. Julie Bishop MP and Treasurer, the Hon.
Seventh Statement on the conduct of monetary policy
Today I welcome the commencement of Dr Philip Lowe’s term as Governor of the Reserve Bank of Australia.
Government follows through on bank accountability
The Turnbull Government has followed through on our commitment for the House of Representatives Standing Committee on Economics to call the banks to transparently account for their decision making
Turnbull Government initiates five yearly inquiry into Australia's productivity performance
The Turnbull Government has tasked the Productivity Commission to undertake five yearly inquiries into Australia’s productivity performance and provide recommendations on productivity-enhanci
Government secures $11 billion towards budget repair this week
The Government this week has secured almost $11 billion worth of improvements to the budget bottom line over the forward estimates to 2019-20, as a result of the deal which secured the passage of t
Australia leading international blockchain standards
The Treasurer, the Hon.