Media releases
2025
New legislation to modernise the regulation of payment service providers
The Albanese Government is delivering on its commitment to make Australia’s payment system safer, stronger, and more productive.
Legislation freezing beer excise introduced
The Albanese Government has introduced the legislation today freezing the indexation on the draught beer excise and custom duty for two years.
Work with regulators on superannuation savings
The Albanese Government is committed to ensuring the integrity of Australians’ superannuation savings.
More companies paying their fair share
The Albanese Government welcomes the latest ATO report into corporate tax transparency which shows the percentage of large businesses paying no tax has fallen.
Review of the Terrorism and Cyclone Insurance Act 2003
The Government is ensuring that there is downward pressure on insurance premiums for Australians who live in cyclone‑prone areas.
Statement on ASIC action against Macquarie for Shield investors
The Albanese Government welcomes today’s announcement by the Australian Securities and Investments Commission (ASIC) regarding its action against Macquarie Investment Management Ltd, which will see
Consulting on laws for an innovative digital asset industry and consumer protections
The Albanese Government is taking the next step in developing a fit‑for‑purpose digital asset regime to help build a more dynamic and competitive economy in Australia.
Draft legislation on banning the use of adverse genetic testing results in life insurance
The Albanese Government is taking the next important step to ban the use of adverse genetic test results in life insurance underwriting.
Reforms to modernise Australia’s payments system pass the Senate
The Albanese Labor Government has today passed the Treasury Laws Amendment (Payments System Modernisation) Bill 2025 through the Senate, to make sure Australia’s payments system delivers for our mo
Consultation on reforms to the retirement phase of superannuation
The government is taking the next step in reforming and improving the retirement phase of superannuation to help deliver a more dignified retirement for more Australians.
Consultation on options to apply a special levy in relation to the CSLR
The Compensation Scheme of Last Resort (CSLR) pays compensation to claimants where an eligible determination issued by the Australian Financial Complaints Authority (AFCA) remains unpaid.
Consulting on sustainable investment labels
Today the Albanese Labor Government is starting consultation on sustainable investment product labelling, to give investors more confidence to put more capital to work in sustainable products.