Media releases

2020

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.

HomeBuilder success sees programme extended

The Morrison Government is extending the highly effective HomeBuilder programme which is driving demand in our vital construction sector and protecting jobs by support

The Kennedy Community Centre

The Morrison-McCormack Government is providing $15 million towards the Hawthorn Football Club’s new state-of-the-art Kennedy Community Centre (KCC), which is designed to improve facilities for the

RBA confirms JobKeeper saved at least 700,000 jobs

A research discussion paper released by the Reserve Bank of Australia (RBA), confirms what millions of Australians already know - that the Morrison Government’s JobKeeper program was a country savi

More businesses to qualify for full expensing

The Morrison Government will expand eligibility for the legislated temporary full expensing measure, to drive more investment, create more jobs and further support our economic recovery from COVID‑

Retirement Income Review Final Report

The Morrison Government has today released the independent Retirement Income Review Final Report which confirms that "the Australian retirement income system is effective, sound and its costs are b

The Danny Frawley Centre

Just over a year since the death of St Kilda Football Club great, Danny Frawley, the Morrison Government is supporting his vision to deliver a world class community health a

Appointment of new chair of the Australian Business Growth Fund

The Australian Government has announced shareholder agreement to the appointment of Mr Mike Baird as Chair of the Australian Business Growth Fund.

Bilateral Loan to Indonesia

On 12 November 2020, the Australian Treasurer, the Hon Josh Frydenberg MP, and Her Excellency Dr Sri Mulyani Indrawati, Indonesian Minister of Finance, announced a Loan between Australi

Insolvency reforms to support small business

The Morrison Government has today introduced legislation into the Parliament to progress the most significant changes to Australia’s insolvency framework in 30 years as part of our economic recover

Legislation to implement further recommendations of the Banking, Superannuation & Financial Services Royal Commission

Consumers and small businesses will be further protected under a package of legislation introduced into the Parliament today by the Morrison Government.

JobMaker Hiring Credit passes the Parliament

The Morrison Government is continuing to support our economic recovery and secure Australia’s future by today passing legislation to establish the JobMaker Hiring Credit, gi