Media releases
2018
OECD reiterates projection of "robust" growth
For the second time in less than a month, the Organisation for Economic Co-operation and Development (OECD) has recognised the strength of the Australian economy, describing it as “in upswing, with
Foreign Investment Review Board appointment
The Coalition Government is pleased to announce the appointment of former Senator the Hon Nick Minchin to the Foreign Investment Review Board (FIRB).
New Deputy Chair of ASIC
The Liberal National Government has appointed Ms Karen Chester as a full-time Deputy Chair to the Australian Securities and Investments Commission (ASIC).
National Accounts - September quarter 2018
Today's National Accounts for the September quarter 2018 show the strength of the Australian economy and the strong economic management of the Liberal National Government.
A new data right for all Australians
Australians will soon be able to better compare prices and switch between products and providers across the banking, energy and telecommunications sectors, with the Liberal National Government intr
Government taking action to lower power prices
The Liberal National Government will introduce legislation which will provide a range of penalties and remedies for companies that engage in misconduct.
Determination to make feminine hygiene products GST free
The Coalition Government has today signed the determination that will remove the Goods and Services Tax (GST) on feminine hygiene products from 1 January 2019.
Productivity commission to review remote tax assistance
The Coalition Government has requested that the Productivity Commission undertakes a review into remote tax assistance to ensure it remains fair and contemporary.
Productivity Commission inquiry into mental health terms of reference
The Coalition Government has today released the terms of reference for the Productivity Commission’s inquiry into mental health and announced the appointment of an Associate Commissioner for the in
OECD projects "robust" economic growth to continue
The Organisation for Economic Co-operation and Development (OECD) is the latest international institution to recognise the current strength of the Australian economy, describing our growth as “robu
Final decision on the proposed acquisition of APA
Today the consortium led by CK Asset Holdings Limited (CK Group) has been advised of my final decision that its current proposed acquisition of APA Group would be contrary to the national interest.
Positive economic report card from the IMF
The International Monetary Fund (IMF) has today delivered a positive economic report card in its annual review of the Australian economy, welcoming our budget management, strong economic growth, im
$51.5m boost to pursue criminal prosecutions for financial misconduct
The Liberal National Government is providing an additional $51.5 million to the Commonwealth Director of Public Prosecutions (CDPP) and the Federal Court of Australia to enable further prosecutions
Small and medium businesses to save more than $300 million over four years
Small and medium businesses will save more than $300 million over the next four years, as the Liberal National Government cuts more red tape.
$2 billion fund to transform small business access to funding
The Liberal National Government will significantly enhance access to funds for small business across the country through the introduction of a $2 billion Australian Business Securitisation Fund and
New laws deliver a fairer and more sustainable GST system
Every state and territory will be better off under new laws passed by Parliament today that will deliver a fairer and more sustainable distribution of the Goods and Services Tax (GST).
New program to boost our future female entrepreneurs
The Coalition Government is supporting girls and young women to become entrepreneurs through $3.6 million in funding for a new Future Female Entrepreneurs program across Australia.
Government proposes to double the value limit available under employee share schemes
The Liberal National Government is improving the ability for small businesses to offer employee share schemes to help employers attract, retain and motivate employees and grow their businesses.
Appointments to the Future Fund Board of Guardians
The Coalition Government has reappointed the Hon Peter Costello AC as Chairman of the Future Fund Board of Guardians, as well as reappointed John Poynton AO and appointed John Fraser as members.
Proposed acquisition of APA
Today I have advised the consortium led by CK Asset Holdings Limited (CK Group) of my preliminary view that its proposed acquisition of APA Group would be contrary to the national interest.