The government has called an election and is now in caretaker

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Media releases

2018

Productivity commission to review remote tax assistance

The Coalition Government has requested that the Productivity Commission undertakes a review into remote tax assistance to ensure it remains fair and contemporary.

Productivity Commission inquiry into mental health terms of reference

The Coalition Government has today released the terms of reference for the Productivity Commission’s inquiry into mental health and announced the appointment of an Associate Commissioner for the in

OECD projects "robust" economic growth to continue

The Organisation for Economic Co-operation and Development (OECD) is the latest international institution to recognise the current strength of the Australian economy, describing our growth as “robu

Final decision on the proposed acquisition of APA

Today the consortium led by CK Asset Holdings Limited (CK Group) has been advised of my final decision that its current proposed acquisition of APA Group would be contrary to the national interest.

Positive economic report card from the IMF

The International Monetary Fund (IMF) has today delivered a positive economic report card in its annual review of the Australian economy, welcoming our budget management, strong economic growth, im

$51.5m boost to pursue criminal prosecutions for financial misconduct

The Liberal National Government is providing an additional $51.5 million to the Commonwealth Director of Public Prosecutions (CDPP) and the Federal Court of Australia to enable further prosecutions

Small and medium businesses to save more than $300 million over four years

Small and medium businesses will save more than $300 million over the next four years, as the Liberal National Government cuts more red tape.

$2 billion fund to transform small business access to funding

The Liberal National Government will significantly enhance access to funds for small business across the country through the introduction of a $2 billion Australian Business Securitisation Fund and

New laws deliver a fairer and more sustainable GST system

Every state and territory will be better off under new laws passed by Parliament today that will deliver a fairer and more sustainable distribution of the Goods and Services Tax (GST).

New program to boost our future female entrepreneurs

The Coalition Government is supporting girls and young women to become entrepreneurs through $3.6 million in funding for a new Future Female Entrepreneurs program across Australia.

Government proposes to double the value limit available under employee share schemes

The Liberal National Government is improving the ability for small businesses to offer employee share schemes to help employers attract, retain and motivate employees and grow their businesses.

Appointments to the Future Fund Board of Guardians

The Coalition Government has reappointed the Hon Peter Costello AC as Chairman of the Future Fund Board of Guardians, as well as reappointed John Poynton AO and appointed John Fraser as members.

Proposed acquisition of APA

Today I have advised the consortium led by CK Asset Holdings Limited (CK Group) of my preliminary view that its proposed acquisition of APA Group would be contrary to the national interest.

Visit by Indonesia's Minister of Finance

Today I welcome Indonesia’s Minister of Finance Sri Mulyani Indrawati to Australia as Guest of Government.

New funding and reappointment of APRA Chair to further strengthen financial system supervision

The Coalition Government will boost the Australian Prudential Regulation Authority’s (APRA) capabilities with $58.7 million of new funding and ensure continuity of leadership through the reappointm

Government responds to Callaghan PRRT review

The Coalition Government is today releasing its final response to the review of the Petroleum Resource Rent Tax (PRRT) undertaken by economist Mike Callaghan AM PSM.

Labor can’t walk the talk on multinational tax

Bill Shorten talks a big game when it comes to multinational tax avoidance, but Labor has never backed this up with action. His latest policy shows Labor is confused and can't be trusted.

One-stop-shop for financial complaints opens for business

Australian consumers and small businesses will be spared the expense and inconvenience associated with taking financial complaints to court, with the Coalition Government's Australian Financial

Amending Australia's Offshore Banking Unit Regime

The Coalition Government will reform Australia’s Offshore Banking Unit regime to strengthen the integrity of our tax system.

$2 billion funding for Victorian housing and homelessness services

Housing and homelessness services in Victoria will be strengthened with a new deal that will deliver $2 billion in Commonwealth funding over five years.