Media releases

2020

Morrison Government delivers $7.5 billion boost for transport infrastructure across nation

A $7.5 billion new investment in national transport infrastructure will boost the national economy, deliver safer roads and create thousands of jobs as part of the Federal Coalition’s COVID-19 econ

Morrison Government invests $2.7 billion in transport infrastructure to boost NSW economic recovery

The New South Wales economy will be boosted, roads will be safer and thousands of jobs created, with a $2.7 billion investment into transport infrastructure from the Federal Coali

Removing Capital Gains Tax for Granny Flats

The Morrison Government is supporting older and disabled Australians and their families by providing a targeted Capital Gains Tax (CGT) exemption for granny flat arrangement

Helping an additional 10,000 first home buyers

As part of the Morrison Government’s economic recovery plan to create jobs, rebuild our economy and secure Australia’s future, an additional 10,000 first home buyers will be able to purchase a new

Boost for skills training with Fringe Benefits Tax exemption

The Morrison Government will provide an exemption from Fringe Benefits Tax (FBT) for employer-provided retraining and reskilling, for employees who are redeployed to a different role in the busines

Expanding access to small business tax concessions to support jobs

The Morrison Government is continuing to support businesses through COVID‑19 by providing further tax relief to attract and retain workers and reduce red-tape as part of our economic recovery plan.

Annual Ministerial Statement on Rural and Regional Budget Outcomes

The Government will deliver Australia’s first Ministerial Statement on Rural and Regional Budget Outcomes to Federal Parliament during Budget week next Thursday.

Victorian restrictions

Easing restrictions in Victoria in a COVIDsafe way is vitally important so that more Victorians can get back to work and resume their normal lives.

Final Budget Outcome 2019-20

The Final Budget Outcome for 2019-20 shows Australia’s budget is in a much stronger position than many other comparable nations despite the significant health and economic challenges from COVID-19.

Simplifying access to credit for consumers and small business

As part of the Morrison Government’s economic recovery plan, we are reducing the cost and time it takes consumers and businesses to access credit.

Insolvency reforms to support small businesses recovery

The Morrison Government will undertake the most significant reforms to Australia’s insolvency framework in 30 years as part of our economic recovery plan to keep businesses in business and Australi

Extension of temporary changes to continuous disclosure provisions for companies and officers

As part of our economic plan, the Morrison Government will continue to provide regulatory relief for businesses that have been impacted by COVID-19 by extending temporary continuous disclosure prov

Appointment to the Foreign Investment Review Board

Mr Steven Skala AO is to be appointed as a part-time member to the Foreign Investment Review Board (FIRB) for a five-year period.

OECD upgrades Australia's economic growth outlook

The OECD has upgraded Australia’s economic growth outlook for 2020 in its latest Interim Economic Outlook Report despite the global economy being hit by “an unprecedented su

World Bank Executive Director nomination

The Australian Government will nominate Mr Nigel Ray PSM for appointment as the Executive Director at the World Bank for a two-year term commencing in November 2020.

Budget 2020-21 lock-up arrangements

The Morrison Government will hand down the 2020-21 Budget on Tuesday 6 October 2020.

Joint call of Finance Ministers

New Zealand Finance Minister Hon Grant Robertson today hosted a call with his counterparts from Australia, Canada, the United Kingdom and the United States.

Extension of temporary relief for financially distressed businesses

The Morrison Government will continue to provide regulatory relief for businesses that have been impacted by the Coronavirus crisis by extending temporary insolvency and ban

Initial Commonwealth response to Victorian Roadmap

Today's announcement from the Victorian Government to extend lockdown arrangements will be hard and crushing news for the people of Victoria, and a further reminder of the impact and costs that res

Government passes legislation through the Parliament to extend Jobkeeper payment

The Morrison Government is continuing to provide unprecedented levels of support to households and businesses through the COVID-19 pandemic after legislation passed the Parliament today allowing th