Media releases

2020

New measures to help Australia's economic recovery in 2021

As 2021 begins, the Morrison Government continues to deliver on its Economic Recovery Plan, building back from the COVID-19 crisis by securing Australian jobs and keeping bu

Rebuilding and reforming in a year like no other

The Morrison Government has this year passed major pieces of legislation to cushion the blow of the COVID-19 pandemic, keeping Australians in jobs, businesses in

Stronger foreign investment enforcement for residential real estate

The Morrison Government will launch a new Tip Off and compliance campaign, to ensure foreign investors purchasing residential real estate in Australia are doing the right thing, and those that brea

Consultation on modernising business communications

Today, the Government is releasing a consultation paper seeking stakeholder feedback on regulatory impediments to modernising business communications.

Appointments to the Reserve Bank of Australia Board

The Morrison Government has appointed Ms Alison Watkins and Ms Carolyn Hewson AO as members of the Reserve Bank of Australia Board (RBA Board) each for a five-year period.

2020-21 Mid-Year Economic and Fiscal Outlook

The 2020-21 Mid-Year Economic and Fiscal Outlook (MYEFO) builds on the Economic Recovery Plan announced in the 2020-21 Budget.

Easing the regulatory burden on charities

Australian charities hit hard by the impacts of the COVID-19 pandemic will receive relief from burdensome financial reporting requirements under an agreement signed by all Federal, state and territ

Appointment to the Asian Development Bank

We welcome the appointment of Mr Bruce Gosper to the position of Vice-President, Administration and Corporate Management at the Asian Development Bank (ADB).

Appointments to the Australian Competition and Consumer Commission

The Morrison Government has appointed Ms Anna Brakey and Mr Peter Crone as Commissioners of the Australian Competition and Consumer Commission (ACCC) for five‑year periods from December 2020.

Parliament passes legislation to implement further Hayne Royal Commission recommendations

Consumers and small businesses will be further protected following the passage of legislation to address 20 recommendations from the Hayne Royal Commission into Misconduct i

Insolvency reforms pass parliament

The Morrison Government continues to implement its Economic Recovery Plan, with the passage of legislation to enact the most important changes to Australia’s insolvency framework in 30 years, helpi

Morrison Government delivers expanded access to full expensing for businesses

The Morrison Government today passed legislation through the Parliament to expand eligibility for the temporary full expensing measure to help create more jobs and to ensure more businesses can rec

Release of ACCC perishable agricultural goods inquiry report

The Morrison Government has today released the Australian Competition and Consumer Commission’s (ACCC’s)

Strengthening and streamlining oversight of the financial advice sector

The Morrison Government is implementing further reforms to strengthen the financial advice sector and provide consumers with better access to affordable and high quality financial advice.

Major reforms to Australia's foreign investment framework pass the parliament

The Morrison Government has today passed legislation that gives effect to the most significant reforms to the Foreign Acquisitions and Takeovers Act 1975 in nearly 50 years.

Simplifying access to credit for consumers and small businesses

The Morrison Government has today introduced legislation to further support Australia’s economic recovery by reducing the costs and time it takes for consumers and businesses to access credit.

News Media and Digital Platforms Mandatory Bargaining Code

The Morrison Government will this week introduce a world-leading binding code into the Parliament that will address the bargaining power imbalance between news media businesses and digital platform

Release of ACCC Home Loan Price Inquiry final report

The Morrison Government has today released the Australian Competition and Consumer Commission’s (ACCC) Home Loan Price Inquiry final report.

OECD upgrades Australia's economic growth outlook

In its latest Economic Outlook Report, the OECD has upgraded Australia’s economic growth outlook for 2020 while noting that "the COVID-19 pandemic continues to exert a substantial toll on economies

Jobkeeper update

Australia’s economic recovery is well underway and has been strongly supported by the Morrison Government’s temporary JobKeeper payment.