Media releases

2019

Taking action on the Banking, Superannuation & Financial Services Royal Commission

Going further by paying unpaid determinations Recommendation 4.11 - Co-operation with AFCA The Coalition Government is providing expanded access to redress for consumers and sma

AAA credit rating reaffirmed by S&P

Australia’s AAA credit rating has been reaffirmed by Standard & Poor’s (S&P) in a strong expression of confidence in the 2019-20 Budget and the Coalition Government’s economic management.

Productivity Commission appointments

The Coalition Government is pleased to announce the appointments of Dr Catherine de Fontenay, Ms Lisa Gropp and Dr Malcolm Roberts and the reappointment of Mr Paul Lindwall as Commissioners of the

Appointment to the Australian Competition Tribunal

The Coalition Government is pleased to announce the appointment of Professor Caron Beaton-Wells as a lay member of the Australian Competition Tribunal for a period of five years.

Coalition putting super members first

The Morrison Government has passed through the Parliament a comprehensive package of legislation that will further improve outcomes for superannuation members and enhance the powers of the prudenti

Taking action on the Banking, Superannuation & Financial Services Royal Commission

Going further by expanding ASIC powers The Coalition Government has passed legislation through the Parliament to introduce design and distribution obligations for all financial and credit

Guaranteeing essential services

The Morrison Government is guaranteeing essential services through the 2019-20 Budget with record funding for schools and hospitals while also keeping Australians safe and our borders secure.

Lower taxes for hard-working Australians and small business

The Morrison Government is building a better tax system that rewards hard-working Australians and empowers small and medium-sized businesses to invest, grow and create more jobs.

Our plan for a stronger economy

The 2019-20 Budget is the Morrison Government's next instalment of our plan to build a stronger economy and secure a better future for all Australians.

Budget returns to surplus

The budget is back in the black with the Morrison Government delivering the first budget surplus in more than a decade.

Super boost: more flexibility for retirement

The Morrison Government is taking action to help Australians boost their retirement savings by giving them greater flexibility as they near their retirement years.

One-off energy payment to help 3.9 million Australians with their next energy bill

More than 3.9 million Australians will receive a one-off Energy Assistance Payment to help with their next energy bill and cost of living expenses.

New program to support people living with epilepsy

The Morrison Government will invest $20 million through the 2019-20 Budget in a new, innovative program to support people living with epilepsy.

Taking action on the Banking, Superannuation & Financial Services Royal Commission

Going further: Consultation on superannuation binding death benefit nominations & kinship structures The Coalition Government has released a discussion paper focusing on the difficult

New tax treaty signed with Israel

Today, Australia and Israel have signed a new tax treaty which will open further opportunities for bilateral trade and investment.

Taking action on the Banking, Superannuation & Financial Services Royal Commission

Recommendation 4.13: Universal terms review The merits of legislating universal key definitions, terms and exclusions for default insurance cover within MySuper products will be explored

Taking action on the Banking, Superannuation & Financial Services Royal Commission

Recommendation 2.4: Grandfathered commissions The Coalition Government has released regulations today, outlining the requirement for financial product manufacturers to pass through to the

Foreign Investment Review Board Appointment

The Coalition Government is pleased to announce the appointment of Ms Margaret McDonald as a part-time member of the Foreign Investment Review Board (FIRB).

Unlocking fundraising for Men's and Women's sheds

The Government will unlock new fundraising potential for Men’s and Women’s Sheds across the country.

$35 million to extend the Federal Court's jurisdiction to corporate crime

For the first time, the jurisdiction of the Federal Court of Australia will expand to include corporate crime, with the Coalition Government providing more than $35 million in the 2019-20 Budget to