Media releases

2020

Consultation on stamping fee exemption

The Morrison Government is today announcing that Treasury will undertake a four week targeted public consultation process on the merits of the current stamping f

Building on the Consumer Data Right

The Morrison Government is continuing to give consumers more power over their own data by undertaking an inquiry to examine further ways in which the Consumer Data Right (CD

Taking action on the Banking, Superannuation and Financial Services Royal Commission - Recommendations 3.9, 4.12, 6.6, 6.7 & 6.8: Extending the Banking Executive Accountability Regime

The Morrison Government has today released a Proposals Paper on extending the Banking Executive Accountability Regime (BEAR) to all APRA regulated entities and to make ASIC a joint administrator

Immediate small business support for bushfire affected communities

In response to the devastating bushfires, the Morrison Government has today announced a comprehensive suite of measures to immediately support impacted small businesses. 

$50 million for emergency wildlife and habitat recovery

In response to the devastating bushfires the Federal Government is today making an initial investment of $50 million, as a down-payment to support the immediate work to protect wildlife, and to sta

Tax exemption for disaster relief payments

The Morrison Government will ensure that disaster relief payments being made to individuals and businesses impacted by the devastating bushfires are tax exempt.

Government meets with insurance industry to discuss their bushfire response

Insurance industry representatives have provided the Federal Government with an update on actions taken to date to support impacted policyholders and communities, including the provision of emerg

National Bushfire Recovery Agency

The Federal Government will establish a new agency with an initial $2 billion for a national bushfire recovery fund to coordinate a national response to rebuild communities and livelihoods after th

New measures strengthen economy in 2020

This year the Morrison Government is focussed on delivering for all Australians with our plan for an even stronger economy by building resilience and rewarding aspiration wh

2019

Taking action on the Banking, Superannuation & Financial Services Royal Commission

The Morrison Government has today released for consultation draft legislation which implements recommendations 6.9 of the Financial Services Royal Commission which will oblige the

Taking action on the Banking, Superannuation & Financial Services Royal Commission - Recommendation 7.1: establishment of a compensation scheme of last resort

The Coalition Government has today released a discussion paper on establishing a Compensation Scheme of Last Resort.

Government’s tax avoidance laws sees Google settle with the ATO for $481.5m

The $481.5 million settlement between the Australian Taxation Office (ATO) and Google is strong evidence that the Coalition Government’s tax avoidance taskforce and tough laws are working to ensure

2020 Intergenerational Report

Every five years, the Government releases an Intergenerational Report which assesses the long term fiscal sustainability of Government policies.  Intergenerational Reports have previously been r

2019-20 Mid-Year Economic and Fiscal Outlook

The Mid-Year Economic and Fiscal Outlook (MYEFO) confirms the resilience of the Australian economy and that the Budget is on track to return to surplus for the first time in 12 years.

Appointment of Commonwealth Members to the Australian Energy Regulator

The Morrison Government is pleased to announce the appointments of Mr Eric Groom PSM and Mr Justin Oliver as full-time Commonwealth members of the Australian Energy Regulato

Appointment of Deputy President and members to Australian Competition Tribunal

The Morrison Government is pleased to announce the appointment of the Honourable Justice Michael O’Bryan as a part-time Deputy President and Ms Diana Eilert and Dr Jill Walker as part-time member

Doing more to reunite Australians with their lost and forgotten super

The Morrison Government will build on its record of protecting and reuniting Australians with their lost and forgotten super with legislation to facilitate the exit of eligible rollover funds (ERFs

Response to Digital Platforms Inquiry

The Government has today released its response and implementation roadmap to the Australian Competition and Consumer Commission’s (ACCC) Digital Platforms Inquiry.

Productivity Commission report into the Economic Regulation of Airports

The Liberal and Nationals Government today released its response to the Productivity Commission report into the Economic Regulation of Airports.

New tax treaty with Israel enters into force

Today, the Morrison Government ratified an historic new tax treaty between Australia and Israel, representing an important milestone in removing tax barriers and facilitating trade and investmen