Media releases
2019
National Accounts - September Quarter 2019
Today’s National Accounts shows that the Australian economy remains remarkably resilient in the face of significant global and domestic economic headwinds.
Taking action on the Banking, Superannuation and Financial Services Royal Commission – Recommendation 6.10 Memorandum of Understanding between APRA and ASIC
The Morrison Government today welcomes the updated Memorandum of Understanding (MOU) between the Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Aut
Appointment of the Australian Bureau of Statistics Australian Statistician
The Morrison Government is pleased to announce the appointment of Dr David Gruen as the Australian Statistician to the Australian Bureau of Statistics (ABS) for a five-year period commencing from 1
Introducing legislation to implement further recommendations of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry
Consumers and small businesses will be further protected under legislation introduced into the Parliament today by the Morrison Government.
Productivity Commission to review National Skills & Workforce Agreement
The Morrison Government today has requested the Productivity Commission to review the National Agreement for Skills and Workforce Development (NASWD).
Conditional approval - acquisition of Bellamy's Australia
The Treasurer has provided conditional foreign investment approval for the proposed acquisition of Bellamy’s Australia Ltd (Bellamy’s) by China Mengniu Dairy Company Limited (China Mengniu).
Infrastructure tax concession to boost government's record infrastructure plan
The Morrison Government is seeking to unlock billions of dollars in capital for nation building infrastructure through tax incentives for projects worth more than $500 million
New laws are a win for energy users
The Morrison Government’s new measures designed to deal with misconduct in the electricity sector and ensure Australian households, businesses and industries get a fair deal on energy has passed th
Statement on the Conduct of Monetary Policy
In the months following the election I have given careful consideration to the current Statement on the Conduct of Monetary Policy.
Consultation on legislation for Australian Business Growth Fund
The Morrison Government has today released for consultation exposure draft legislation that will give effect to the Government to invest in an Australian Business Growth Fund (BGF) to ensure that s
Australia’s AAA credit rating reaffirmed by Fitch
Australia’s AAA credit rating has been reaffirmed by Fitch Ratings in a strong expression of confidence in the Morrison Government’s disciplined fiscal and economic management.
Supporting first home buyers
The Coalition Government has today released for consultation the draft Investment Mandate for the First Home Loan Deposit Scheme (the Scheme) which will help eligible first home buyers
Appointment of New Business Council of Australia President
The Morrison Government welcomes the announcement from the Business Council of Australia (BCA) of the appointment of Mr Tim Reed as their new President.
IMF, World Bank & G20 meetings in the United States
From 16 to 20 October, I will travel to Washington D.C.
Supporting first home buyers
First home buyers will be able to enter the property market sooner after the Coalition Government passed new laws through the Parliament today to implement the First Home Loan Deposit Scheme (the
Taking action on the Banking, Superannuation and Financial Services Royal Commission - Recommendation 2.4: Grandfathered commissions
Consumers will benefit from lower fees following the removal of conflicted remuneration for financial advice after the Coalition Government passed new laws through the Parliament yesterday, ending
ACCC inquiry into residential mortgage prices
The Coalition Government has today directed the Australian Competition and Consumer Commission (ACCC) to undertake an inquiry into the pricing of residential mortgage products.
Council on Federal Financial Relations meeting
Commonwealth, state and territory treasurers have agreed to a program of work to boost the nation’s productivity and to develop actionable items in the areas of transport, health, skills and enviro
Taking action on the Banking, Superannuation & Financial Services Industry Royal Commission – Recommendation 2.10: New financial adviser disciplinary system
The Morrison Government is accelerating the establishment of a new disciplinary system and single disciplinary body for financial advisers as recommended by the Royal Commission into Misconduct in
Consultation on removing the exemption for funeral expenses policies
The Coalition Government has today released for consultation draft regulations and legislation to remove the Corporations Act exemption for funeral expenses policies to be t