Media releases

The Minister for Superannuation, Chris Bowen MP, and Minister for Small Business, Craig Emerson MP, have welcomed the passage of the Rudd Government's Small Business Superannuati

The Government has today responded to the Report of the Australian Financial Centre Forum Australia as a financial centre: Building on our strengths (the "Johnson" Report).

The Rudd Government will boost competition in business lending with important reforms to make it easier for businesses to borrow directly from retail investors and reduce their reliance on borrowin

The Rudd Government will establish a Centre for International Finance and Regulation to support regional financial stability and build on Australia's growing status as a leading regional financial

The Rudd Government will start consultation on an investment manager regime (IMR) that will reform and expand Australia's managed funds industry by removing impediments to international investment.

The Rudd Government will provide an extra boost to banking competition by allowing non-major banks to access cheaper funding so they can offer cheaper loans to Australian households and businesses.

The Government will provide $89.9 million over four years to support the continuation and operation of the Standard Business Reporting (SBR) program to streamline business to government reporting.

The Rudd Government will increase the funding for the Superannuation Complaints Tribunal (SCT) over the next four years to ensure that it continues to meet its statutory responsibilities to resolve

The Minister for Financial Services, Superannuation, and Corporate Law, Chris Bowen MP, today welcomed the prescribing regulations as part of the Commonwealth's new margin lending regime.

The Minister for Financial Services, Superannuation and Corporate Law, Chris Bowen MP, today announced the commencement of national regulation of licensed trustee companies.

Minister for Financial Services, Superannuation and Corporate Law, The Hon Chris Bowen MP, today announced the appointment of a new Deputy Chairperson and a new Commissioner to the Australian Secur

Today's announcement by Tony Abbott that the Coalition will formally oppose the Resources Rent Tax and the package of reforms that accompanies it, including the increase in the Superannuation Gua

The Minister for Corporate Law, Chris Bowen MP, has today announced the Federal Government will draft regulations clarifying that funded class actions, as well as similar arrangements, are not mana

The Rudd Government will deliver an historic boost to retirement savings to help prepare for an ageing population and ensure the Australian people get a fairer share of our mineral wealth.

The Rudd Government is today announcing reforms to financial advice that will improve the trust and confidence of Australian retail investors in the financial planning sector.

The Assistant Treasurer, Senator Nick Sherry and the Minister for Financial Services, Corporate Law and Superannuation, Chris Bowen, today announced that the Board of Taxation would undertake a

The Minister for Financial Services, Superannuation and Corporate Law, Chris Bowen MP, has today released an exposure draft of legislation giving effect to the Government's decision to reverse th

The Minister for Financial Services, Superannuation and Corporate Law, Chris Bowen MP, has today announced the appointment of Ms Joanne Rees as the part-time Convenor of the Corporations and Market

The Government has today responded to the Productivity Commission's (PC's) final report

The Minister for Financial Services, Superannuation and Corporate Law, Chris Bowen MP, today announced the Government's support for competition between markets for trading in listed shares in Au