Media releases

2021

Making child care more affordable and boosting workforce participation

To cut the cost of living for around a quarter of a million families and to help boost workforce participation, the Morrison Government will make an additional $1.7 billion

Greater transparency of proxy advice

The Morrison Government is moving to increase the transparency and accountability of proxy advice.

Your Future, Your Super reforms

The Morrison Government has today released for consultation exposure draft regulations underpinning Treasury Laws Amendment (Your Future, Your Super) Bill 2021.

Early release of superannuation a lifeline for Australian families

The Morrison Government today welcomes the release of the Household Financial Resources report by the Australian Bureau of Statistics (ABS).

Strengthening and streamlining oversight of the financial advice sector

The Morrison Government has today released for consultation draft legislation and explanatory material to implement Recommendation 2.10 of the Financial Services Royal Commission and establish a ne

Morrison Government’s Economic Recovery Plan delivering for women

Australia has achieved the highest female participation rate in the workforce ever recorded by the Australian Bureau of Statistics at 61.8%, up from 61.4% in February today’s unemployment figures s

Next phase in Modernising Business Registers

The Morrison Government has today announced a key milestone in the Modernising Business Registers (MBR) program that will establish a new whole-of-government registry platform.

Appointment – Part-time Chairperson, Financial Adviser Standards and Ethics Authority

The Hon Jane Hume, Minister for Superannuation, Financial Services and the Digital Economy, Minister for Women’s Economic Security, has announced that Catherine Walter AM will continue in her role

Increases to superannuation contribution caps

The Australian Taxation Office (ATO) has today confirmed increases to a number of superannuation key rates and thresholds.

December 2020 SMSF quarterly statistical report released

The ATO has released the December 2020 Self-Managed Superannuation Fund (SMSF) quarterly statistical report that shows there has been significant growth across the sector, despite the economic impa

There is $13.8 billion in lost and unclaimed super. Could any of it be yours?

Around $13.8 billion in Australians’ hard earned wages is waiting to be claimed, in the form of lost and unclaimed superannuation.

Morrison Government delivers over $3 billion in contracts with digital businesses through its Digital Marketplace

Today the Morrison Government has announced its Digital Marketplace has reached a significant milestone, delivering over $3 billion in Federal Government contracts to digital businesses, with over

Superannuation assets reach all time high in 2020

The Morrison Government welcomes the release of December quarter 2020 superannuation data by the Australian Prudential Regulation Authority (APRA).

Reuniting Australians with more lost superannuation

The Morrison Government has today passed legislation through the House of Representatives that will reunite Australians with more of their lost superannuation.

Protecting Australians from hidden costs

The Morrison Government has today passed legislation that will further protect Australian households from hidden fees and unexpected expenses.

Morrison Government’s Digital Identity system helps over 2 million people access online services simply, safely and securely

More than 2 million Australians have created a ‘myGovID’ Digital Identity to prove who they are when accessing online services, following the Morrison Government’s $256.6 million investment as part

Review of the Australian Financial Complaints Authority

The Morrison Government has released a terms of reference for the review of the Australian Financial Complaints Authority (AFCA), and is seeking stakeholder feedback on its functions and performanc

Your Future, Your Super reforms introduced into parliament

The Morrison Government has today introduced legislation into parliament to ensure the superannuation system works harder for all Australians.

Funding unlocked for boarding house for Indigenous students

The Morrison-McCormack Government is providing $10 million of funding to construct a boarding house which will enable 40 Indigenous school students to access the best in secondary education at a ra

Financial advice sector reforms for better retirement

The Morrison Government is committed to strengthening the financial advice sector and providing consumers with better access to affordable and high quality finan