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Media releases

2020

ACCC interim review of Murray-Darling water markets

The Government welcomes the Australian Competition and Consumer Commission’s (ACCC) interim report on its inquiry into the Murray-Darling Basin’s water markets, released today.

Economic and Fiscal Update

The Economic and Fiscal Update released today shows the impact of the COVID-19 pandemic on our nation’s finances as well as the scale of the support that has been provided to prepare our health sys

JobKeeper Payment and income support extended

The Morrison Government will deliver more support for households and businesses to help Australians through the COVID-19 pandemic and bolster our economic recovery.

Supporting small business to adapt, grow and create jobs

The Morrison Government will help businesses as they move into the recovery phase of the coronavirus crisis by extending the Coronavirus SME Guarantee Scheme which supports small

Joint call of Finance Ministers

Today Australia hosted a call with the Finance Ministers of Australia, Canada, United Kingdom and the United States.

Congestion-busting Glenferrie road level crossing removal one step closer

Millions in federal funding has been unlocked by the Morrison Government to ensure a business case gets underway for the Glenferrie Road level crossing removal in Kooyong.

Second $750 Economic Support Payment is on the way

Australians on lower incomes are set to receive further assistance from today as the Morrison Government delivers the second economic support payment.

Further bank support for households and small businesses

The Government welcomes today’s announcement by the Australian Banking Association (ABA) on the continued support that will be provided by banks to customers on repayment deferrals.

More than half a billion dollars to unlock infrastructure jobs in Victoria

The Commonwealth and Victorian Governments will support construction jobs across Victoria by jointly investing an additional $525 million to deliver shovel-ready infrastructure projects and urgent

Small business tax cuts kick in from July 1 2020

From July 1 2020, small and family businesses will be paying less tax as a result of legislated tax cuts passed by the Morrison Government.

The Consumer Data Right arrives

Australians will be able to unleash the power of their own data to compare and switch banking products as the Morrison Government officially launches the Consumer Data Right today.

Delivering on key measures to support all Australians

Key Morrison Government measures coming into effect on 1 July 2020 will help Australians transition through the health and economic impacts from the Coronavirus.

More power to compare and switch energy providers

The Morrison Government is giving consumers more power to compare and switch providers to lower their energy bills by formally applying the Consumer Data Right regime to the energy sector.

Chairperson of the Commonwealth Grants Commission appointment

The Treasurer is pleased to announce the appointment of Mr Michael Callaghan AM PSM as the Chairperson of the Commonwealth Grants Commission (the CGC) for a five-year period.

Australia's AAA credit rating and stable outlook reaffirmed by Moody's

Moody’s has today reaffirmed Australia’s AAA credit rating and maintained the stable outlook supported by the “underlying resilience of the economy” and our “track record of proactive and effect

Joint call of Finance Ministers: COVID-19

Today Australia hosted a call with the Finance Ministers of the “Five Eyes” nations – Australia, Canada, New Zealand, United Kingdom and the United States. 

ACCC directed to monitor domestic air passenger services

The Morrison Government has directed the Australian Competition and Consumer Commission (ACCC) to monitor domestic air passenger services for a period of three years.

New and stronger energy laws to put Australian families and small businesses first

The Morrison Government’s new measures to deal with misconduct in the electricity sector and ensure Australian households, businesses and industries get a fair deal on energy are now in force

Extending the instant asset write-off

The Morrison Government continues to back small business with the announcement that it will extend the $150,000 instant asset write-off for six m

Major reforms to Australia's foreign investment framework

The Morrison Government is today announcing the most significant reforms to the Foreign Acquisitions and Takeovers Act 1975 since its introduction.