Media releases

2022

Retirement income covenant passes Parliament

The Morrison Government has today legislated a new retirement income covenant when the Parliament passed the Corporate Collective Investment Vehicle Framework and Other Measures Bill 2021,

Supporting businesswomen to launch to new heights

The Morrison Government is backing innovative, female‑led startups to grow their businesses and help in our economic recovery with nearly $12 million in funding. 

More power to compare and switch telco providers and share finance data

The Morrison Government is giving consumers more power to lower their internet and phone bills by expanding the Consumer Data Right to the telecommunications sector.

One million visits to the YourSuper comparison tool

Australians are taking charge of their own super like never before thanks to reforms passed by the Morrison Government.

2021

Consultation on Modernising Registry Fees

Today, the Government is releasing a consultation paper seeking stakeholder feedback to make business registry fees simpler, easier to understand, and more equitable.

Consultation on the remake of the super co-contribution regulations

Today, the Morrison Government has released for consultation the draft Superannuation (Government Co‑contribution for Low Income Earners) Regulations 2022 (the draft regulations).

Reforms to bring greater transparency and accountability to proxy advice

The Morrison Government is strengthening the transparency and accountability of proxy advice services, and improving the disclosure of superannuation funds’ voting records on company resolutions th

Port Melbourne redevelopment provides boost to Victorian economy

A major redevelopment of a Port Melbourne research facility used by Australia’s best Defence scientists will support 280 jobs during construction and provide a boost to the Victorian economy of mor

Morrison Government to make quality financial advice more affordable

As part of our commitment to ensuring Australians have access to high quality, affordable financial advice, the Morrison Government today announced consultation on streamlining the education requir

$19.6 million extra to back in our games developers

The Morrison Government will provide an additional $19.6 million over two years from 2023‑24 to expand the Digital Games Tax Offset to include ongoing development work—known as ‘live ops’—on digita

6 million Australians using Digital Identity to access online services

The Morrison Government’s Digital Identity System has reached an exciting milestone with more than 6 million Australians now choosing to use myGovID to access online services safely, securely and c

Release of Business eInvoicing Right consultation

The Morrison Government has furthered its support for business adoption of e‑invoicing with the launch of consultation on a Business eInvoicing Right (BER).

Consumers to benefit from expansion of Consumer Data Right

The Morrison Government is expanding the Consumer Data Right (CDR) to make it easier for consumers and small businesses to undertake everyday tasks such as making payments, opening and closing acco

Morrison Government releases first Australian Data Strategy

Today the Morrison Government has released Australia’s first Data Strategy.

Removing Child Care Subsidy cap

The Morrison Government is helping thousands of Australian families access more affordable child care by removing the cap on the Child Care Subsidy. 

Reforming Australia’s payments system for the digital age

The Morrison Government has today unveiled the most significant reforms to Australia’s payment systems in more than 25 years.

Review of the Australian Financial Complaints Authority

The Morrison Government has today tabled the Review of the Australian Financial Complaints Authority (AFCA) in Parliament, and welcomes its findings that AFCA is operating effectively and meeting i

Consumer Data Right: Publication of Telecommunications sectoral assessment final report and draft designation instrument

The Morrison Government is furthering its commitment to the economy‑wide rollout of the Consumer Data Right (CDR) by today releasing the final report of the sectoral assessment for telecommunicatio

Have your say on technology neutrality in Treasury law

The Morrison Government is supporting Australia’s economic recovery by making it simpler for Australian businesses to operate and grow.

$111 million investment to back Australia’s quantum technology future

The Morrison Government is investing $111 million to secure Australia’s quantum future, supporting the commercialisation, adoption and use of this new technology to create jobs, support Australian