The government has called an election and is now in caretaker
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Media releases
2019
Taking action to lower power prices
The Morrison Government has today reintroduced the Treasury Laws Amendment (Prohibiting Energy Market Misconduct) Bill 2019.
Government reforms driving competition and fairer energy deals
The Australian Competition and Consumer Commission (ACCC) has found that access to affordable, reliable and sustainable energy is improving on the back of strong action taken by the Liberal Natio
Taking action on the Banking, Superannuation and Financial Services Royal Commission – Consultation on new financial product design and distribution obligations
The Coalition Government has today released for consultation exposure draft regulations to support the operation of updated Design and Distribution Obligations for financial products.
Supporting first home buyers
Today the Morrison Government introduced legislation to implement the First Home Loan Deposit Scheme (the Scheme), and the National Housing Finance and Investment Corporation's (NHFIC) new resear
Delivering Deregulation for Australian Business
The Government today announced the first three priority areas for its Deregulation Taskforce.
Taking action on the Banking, Superannuation and Financial Services Royal Commission - Recommendation 2.4: Grandfathered Commissions
The Coalition Government yesterday passed legislation through the House of Representatives to end the payment of grandfathered conflicted remuneration to financial advisers.
Taking action on the Banking, Superannuation & Financial Services Industry Royal Commission – Consultation on new ASIC powers to strengthen financial regulators
The Morrison Government is continuing to deliver on the commitments set out in its Banking, Superannuation and Financial Services Industry Royal Commission Implementation Roadmap
National Accounts - June Quarter
Today’s National Accounts show that the Australian economy has completed its 28th consecutive year of economic growth – a record unmatched by any other develope
ACCC finds consumers are paying too much in foreign transaction fees
The Coalition Government has today released the final report of the Australian Competition and Consumer Commission's (ACCC) Foreign Currency Conversion Services Inquiry.
More power over energy bills for consumers
The Morrison Government will give consumers more power to compare and switch providers to lower their energy bills by officially extending the Consumer Data Right to energy services.
Taking action on the Financial Services Royal Commission
The Morrison Government is releasing exposure draft legislation today that will improve outcomes for consumers by introducing a best interests duty for mortgage brokers and reforming mortgage broke
Release of latest report of ACCC Gas Inquiry
According to the Australian Competition and Consumer Commission’s (ACCC) Gas inquiry
Taking action on the Banking, Superannuation & Financial Services Royal Commission - implementation roadmap
The Morrison Government has today released its Banking, Superannuation and Financial Services Royal Commission Implementation Roadmap setting out how the Government will deliver on its comprehensiv
ACCC water inquiry
The Coalition Government has today released terms of reference for the Australian Competition and Consumer Commission’s (ACCC) inquiry into the Murray Darling Basin water market.
Productivity Commission to review resources sector regulation
Streamlining regulation in the resources sector will be the focus of a 12-month review by the Productivity Commission.
Standing Economics Committee to expand inquiry into financial services sector and Royal Commission implementation
The Morrison Government has asked the House of Representatives Standing Committee on Economics to inquire into progress made by relevant financial institutions in implementing the recommendations o
Public consultation on the ACCC Digital Platforms Report now open
The Coalition Government is committed to ensuring that our regulatory framework is fit-for-purpose in the digital age, today announcing that public consultation on all 23 recommendations of the Aus
Taking action on the Banking, Superannuation and Financial Services Royal Commission - Recommendation 2.4: Grandfathered Commissions
The Coalition Government will introduce legislation on Thursday to ban the grandfathering of conflicted remuneration paid to financial advisers.
Taking action on the Banking, Superannuation & Financial Services Industry Royal Commission
Recommendation 4.7: Extending unfair contracts terms to insurance contracts
The Coalition Government has today released exposure draft legislation that extends the unfair contract term (U
Release of the ACCC Digital Platforms Report
The Coalition Government has today released the Australian Competition and Consumer Commission’s (ACCC) Digital Platforms Inquiry final report.