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Media releases

2019

Labor's loss is super members' gain

Three million Australians are a step closer to being reunited with around $6 billion worth of superannuation, thanks to legislation passed in the Senate by the Coalition Government.

Fast-tracking support to SEATO doctors and nurses

The Coalition Government is fast-tracking delivery of the Department of Veterans’ Affairs Gold Card for members of the Australian civilian surgical and medical teams who provided medical aid, train

Increasing and extending the instant asset write-off

The Liberal National Government is backing small business with the introduction of legislation into Parliament yesterday that will boost and extend the instant asset write-off initiative.

Legislation introduced to establish $2 billion Securitisation Fund

The Coalition Government has introduced legislation to establish the $2 billion Australian Business Securitisation Fund which will see small and medium-sized businesses get better access to more co

Taking action on the Banking, Superannuation & Financial Services Royal Commission - Recommendations 3.6 & 3.7

The Coalition Government has tabled an amendment which acts on two recommendations in Commissioner Hayne’s Final Report, enhancing accountability of superannuation funds and strengthening protectio

Budget 2019-20 media lock-up

Media organisations are invited to submit an expression of interest (EOI) to attend the Budget 2019-20 lock-up from 12.00pm on Tuesday 2 April at Parliament House, Canberra.

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

Recommendation 6.13: Regular Capability Reviews The expert panel that will lead a capability review of the Australian Prudential Regulation Authority (APRA) will comprise Chair Graeme Sam

Victoria's home of AFLW ready for redevelopment

A $15 million funding injection from the Liberal Nationals Government has secured the redevelopment of Ikon Park in Carlton to create the home of AFLW in Victoria.

Young adults with Down syndrome to benefit from pilot employment program

An innovative new pilot program funded by the Liberal Nationals Government to educate and employ young adults with Down syndrome launched in Melbourne today.

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

Recommendation 1.11: Farm Debt Mediation The Commonwealth, states and territories have agreed, for the first time, to move towards a national farm debt mediation scheme at yesterday’s mee

Chair of the Australian Energy Regulator

Today the Australian Government announces Ms Paula Conboy has advised she will not be pursuing a second term as the Chair of the Australian Energy Regulator (AER).

Inaugural Treasurers’ Forum on Population

Today was the first meeting of the Treasurers’ Forum on Population as part of the Council on Federal Financial Relations, which saw all levels of government come together to discuss how we can bett

Taking action on the Banking, Superannuation & Financial Services Royal Commission: Going further with a financial counselling review

The Coalition Government has agreed to take action on all 76 recommendations contained in the Royal Commission’s Final Report and, in a number of important areas, is going further, includ

Labor puts politics ahead of policy in responding to banking Royal Commission

The Government received Commissioner Hayne’s Final Report on Friday, we responded to it in full on Monday and now we are getting on with the job of restoring trust in Australia’s financial system.

Restoring trust in Australia's financial system

Today, the Government releases its response to the landmark Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.

Arrangements for the release of the final report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry

The Australian Government will receive the final report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry on Friday 1 February 2019.

New banks to provide Australians with more choice

The Coalition Government's reforms to increase competition in the banking sector are working, with Volt Bank becoming the first bank to transition from a restricted licence to a full licence toda

The Coalition Government’s record of support for small business

Bill Shorten and the Labor Party simply cannot be trusted when it comes to supporting small and family businesses.

OECD report highlights low taxes are key to competitiveness

The Organisation for Economic Co-operation and Development (OECD) Corporate Tax Statistics report released today makes it clear Australia’s marginal effective corporate tax rate is on the upper end

Final productivity commission report into superannuation

The Liberal National Government has today released the final report by the Productivity Commission into the efficiency and competitiveness of Australia's superannuation system.