Media releases

2026

Strengthening the retirement phase of superannuation

Today, we are releasing the Retirement Reporting Framework and Best Practice Principles for Superannuation Retirement Income Solutions to deliver on our commitment to uplift the retirement phase of

Reuniting Australians with their lost superannuation

Australians are leaving $21.5 billion dollars in unclaimed superannuation earnings to languish in forgotten accounts.

Consultation on a Sustainable Financial Product Label Policy Framework

The Albanese Government is asking for feedback on design options to improve product information for sustainable financial products.

Legislation introduced to strengthen Australia’s financial reporting system

The Albanese Government has today introduced legislation which will deliver the most significant reform to Australia’s financial reporting standard setters in over two decades.

Consulting on enhancing oversight and governance of Managed Investment Schemes

The Albanese government is releasing the first of the consultation papers to improve consumer protections in the wake of the collapse of the Shield and First Guardian Master Funds.

Government begins consultation on Superannuation and Victims of Crime legislation

The Albanese Government has today commenced public consultation on draft legislation designed to prevent convicted child sexual abusers from hiding their assets in superannuation to avoid paying co

Review of thin capitalisation reforms

We have tasked the Board of Taxation to undertake an independent review of the Albanese Government’s thin capitalisation ref

2025

Action against Netwealth welcomed

The Albanese Government welcomes the announcements by the Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA) today regarding action ag

Commonwealth overrules exclusion clauses for Bondi attack insurance claims

Today, we have declared Sunday’s Bondi attack a terrorist incident for the purposes of the Terrorism and Cyclone Insurance Act 2003, based on advice from relevant agencies and followi

Consumer protection and stability in the finance sector

The Albanese Government is acting to strengthen consumer protections and improve stability and confidence in the superannuation and financial services sectors which are critical to investment and p

Exposure draft legislation – Research and Development Tax Incentive eligibility changes

The Albanese Government has released draft legislation to exclude activities related to gambling and tobacco from Research and Development Tax Incentive eligibility.

Data Standards Chair for Digital ID and Consumer Data Right

The Albanese Government has appointed Dr Scott Farrell as the Data Standards Chair for Digital ID and Consumer Data Right (CDR) for a two‑year period from 10 December 2025.

Consulting on industry codes and rules to protect consumers from scams

The Albanese Government is taking the next important steps to protect Australians from scams.

More than three million Australians about to receive 20 per cent student debt cut

Joint media release with the Hon Anthony Albanese MP, Prime Minister of Australia, the Hon Jason Clare MP, Minister for Education, and the Hon Andrew Giles MP, Minister for Skills and Training.

New digital asset laws to unlock innovation and safeguard investment

The Albanese Government has introduced new legislation to the Parliament to help unlock innovation and protect Australians investing in digital assets.

Legislation introduced to ban the use of adverse genetic testing results in life insurance

The Albanese Government has introduced legislation to give Australians the confidence to undertake genetic testing without worrying about the effect on their access to affordable life insurance.

16 days of activism against gender-based violence: protecting victims and holding perpetrators to account by cracking down on coerced directorships

The Albanese Government is protecting vulnerable Australians from perpetrators who misuse the tax and corporate systems to commit financial abuse and coercive control.

2026–27 Pre-Budget submissions

The Albanese Government is inviting individuals, businesses and community groups to submit their ideas and priorities for the 2026–27 Budget.

News Bargaining Incentive consultation paper released

Joint media release with the Hon Anika Wells MP, Minister for Communications

New legislation passes to ensure super is paid on time

Labor’s new legislation to require employers to pay their employees’ super at the same time as their salary and wages has passed Parliament.