Media releases
2020
Immediate small business support for bushfire affected communities
In response to the devastating bushfires, the Morrison Government has today announced a comprehensive suite of measures to immediately support impacted small businesses.
$50 million for emergency wildlife and habitat recovery
In response to the devastating bushfires the Federal Government is today making an initial investment of $50 million, as a down-payment to support the immediate work to protect wildlife, and to sta
Tax exemption for disaster relief payments
The Morrison Government will ensure that disaster relief payments being made to individuals and businesses impacted by the devastating bushfires are tax exempt.
Government meets with insurance industry to discuss their bushfire response
Insurance industry representatives have provided the Federal Government with an update on actions taken to date to support impacted policyholders and communities, including the provision of emerg
National Bushfire Recovery Agency
The Federal Government will establish a new agency with an initial $2 billion for a national bushfire recovery fund to coordinate a national response to rebuild communities and livelihoods after th
New measures strengthen economy in 2020
This year the Morrison Government is focussed on delivering for all Australians with our plan for an even stronger economy by building resilience and rewarding aspiration wh
2019
Taking action on the Banking, Superannuation & Financial Services Royal Commission
The Morrison Government has today released for consultation draft legislation which implements recommendations 6.9 of the Financial Services Royal Commission which will oblige the
Taking action on the Banking, Superannuation & Financial Services Royal Commission - Recommendation 7.1: establishment of a compensation scheme of last resort
The Coalition Government has today released a discussion paper on establishing a Compensation Scheme of Last Resort.
Government’s tax avoidance laws sees Google settle with the ATO for $481.5m
The $481.5 million settlement between the Australian Taxation Office (ATO) and Google is strong evidence that the Coalition Government’s tax avoidance taskforce and tough laws are working to ensure
2020 Intergenerational Report
Every five years, the Government releases an Intergenerational Report which assesses the long term fiscal sustainability of Government policies. Intergenerational Reports have previously b
2019-20 Mid-Year Economic and Fiscal Outlook
The Mid-Year Economic and Fiscal Outlook (MYEFO) confirms the resilience of the Australian economy and that the Budget is on track to return to surplus for the first time in 12 years.
Appointment of Commonwealth Members to the Australian Energy Regulator
The Morrison Government is pleased to announce the appointments of Mr Eric Groom PSM and Mr Justin Oliver as full-time Commonwealth members of the Australian Energy Reg
Appointment of Deputy President and members to Australian Competition Tribunal
The Morrison Government is pleased to announce the appointment of the Honourable Justice Michael O’Bryan as a part-time Deputy President and Ms Diana Eilert and Dr Jill Walker as part-time member
Doing more to reunite Australians with their lost and forgotten super
The Morrison Government will build on its record of protecting and reuniting Australians with their lost and forgotten super with legislation to facilitate the exit of eligible rollover funds (ERFs
Response to Digital Platforms Inquiry
The Government has today released its response and implementation roadmap to the Australian Competition and Consumer Commission’s (ACCC) Digital Platforms Inquiry.
Productivity Commission report into the Economic Regulation of Airports
The Liberal and Nationals Government today released its response to the Productivity Commission report into the Economic Regulation of Airports.
New tax treaty with Israel enters into force
Today, the Morrison Government ratified an historic new tax treaty between Australia and Israel, representing an important milestone in removing tax barriers and facilitating trade and investmen
Consumers to get better deals under Comprehensive Credit Reporting
Consumers and small businesses will have better access to finance under legislation re-introduced into the Parliament today by the Morrison Government to enact the Mandatory Comprehensive Credit Re
Morrison Government better targeting the Research and Development Tax Incentive
The Morrison Government has today reintroduced legislation to better target the Research and Development Tax Incentive (R&DTI) and to ensure its ongoing sustainability.
Introducing legislation to establish the Australian Business Growth Fund
The Morrison Government has today introduced legislation that will allow the Government to invest in the Australian Business Growth Fund (BGF) to ensure that small and medium-sized businesses (SME’