Media releases


Cracking down on the black economy

The Coalition Government has today delivered on the first of its commitments to tackle the black economy and further protect the integrity of our tax system, with the passage of tough new laws that

Appointment of a second Deputy Chair to strengthen the Australian Prudential Regulation Authority

The Coalition Government is pleased to announce the appointment of Mr John Lonsdale as a full-time member and second Deputy Chair to the Australian Prudential Regulation Authority (APRA).

Small business and start-ups gain access to crowdfunding

Small businesses and start-ups will now have easier access to funding they need to grow, with the Coalition Government passing new laws that extend crowdfunding eligibility.

$20,000 instant asset write-off extension passes Parliament

The Coalition Government’s strong record of supporting small business continues today, with the Senate passing legislation to extend the $20,000 instant asset write-off.

National Accounts – June Quarter 2018

Today's National Accounts for the June quarter 2018 highlight the strength and resilience of the Australian economy which has just completed its 27th year of consecutive economic growth.

ASIC seeks record penalty for Westpac’s home loan breach

The Australian Securities and Investments Commission (ASIC) has asked the Federal Court to impose a $35 million civil penalty on Westpac Banking Corporation for breaching its responsible lending ob

Treasury portfolio arrangements

As Treasurer, I will have responsibility for the development of the budget, economic and fiscal policy, taxation and superannuation policy, responding to the Banking Royal Commission, major foreign

Appointment of full-time Members to the Australian Securities and Investments Commission

This media release announces two appointments to the Australian Securities and Investments Commission