The government has called an election and is now in caretaker
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Media releases
2020
Ted Evans AC
It is with great sadness that I learnt yesterday of the passing of Ted Evans AC. Ted was a giant of the Australian public service and respected far and wide.
Supporting up to $40 billion of lending to SME businesses
The Morrison Government is today making the first round of offers to banks and non-bank lenders to participate in the Coronavirus SME Guarantee Scheme to support small and medium sized businesses (
$130 billion JobKeeper Payment passes the Parliament
Today marked one of the most important days in the Parliament’s history with the passage of legislation to support the Morrison Government’s $130 billion JobKeeper Payment.
AAA credit rating reaffirmed by S&P
Australia’s AAA credit rating has been reaffirmed by Standard & Poor’s (S&P) in an expression of confidence in the Morrison Government’s handling of the coronavirus
Making it easier for charities to access JobKeeper
Charities that are registered with the national regulator will be eligible for the Morrison Government’s $130 billion JobKeeper Payment if they have suffered a 15 per cen
GST revenue sharing relativities for 2020-21
Following consultation with the states and territories at the Council on Federal Financial Relations meeting on 1 April 2020, I have accepted the recommendations of the independent Commonwealth Gra
The Australian Business Securitisation Fund Supports SME's
The Australian Office of Financial Management (AOFM) announced a round of funding from the Australian Business Securitisation Fund (ABSF) to enable smaller lenders to contin
$130 billion JobKeeper payment to keep Australians in a job
The Morrison Government will provide a historic wage subsidy to around 6 million workers who will receive a flat payment of $1,500 per fortnight through their employer, before tax.
Changes to foreign investment framework
The Morrison Government is today announcing temporary changes to the foreign investment review framework that are designed to protect Australia’s national interest as we deal with the economic impl
Energy retailers and networks must protect Australian households and small businesses that have gone into hibernation
The Australian Government has set reasonable expectations of energy companies to protect householders and small business customers during the COVID-19 pand
Supporting Australian workers and business
The Commonwealth Government has today released the second stage of its economic plan to cushion the economic impact of the coronavirus and help build a bridge to recovery.
Helping small businesses get access to credit
To help small businesses get access to credit quickly and efficiently, the Government is providing greater certainty by ensuring that responsible lending obligations do not apply to the provision o
2020-21 Budget announcement
The Morrison Government is continuing to take decisive action to protect Australians and the economy from the effects of the coronavirus.
Banks step up to support small business
The Morrison Government congratulates the announcement by the Australian Banking Association (ABA) that their members will defer loan repayments for six months for small businesses who need a
Government to invest up to $15B in support of SME lending
The Morrison Government today announced an investment of up to $15 billion to enable smaller lenders to continue supporting Australian consumers and small businesses.
Government establishes Business Liaison Unit on Coronavirus
The Morrison Government today announced the creation of a new Coronavirus Business Liaison Unit in Treasury to build on existing efforts to support confidence, employment and business continuity.&n
Economic Stimulus Package
The Morrison Government has today announced a $17.6 billion economic plan to keep Australians in jobs, keep businesses in business and support households and the Australian economy as the world dea
IMF recognises Australia’s sound fundamentals
The International Monetary Fund (IMF) has recognised Australia’s sound economic fundamentals in its annual assessment of the Australian economy and expects economic growth to be “supported by monet
National Accounts - December Quarter 2019
Today’s National Accounts confirm that the Australian economy continues to grow.
G20 Finance Ministers and Central Bank Governors Meeting in Saudi Arabia
Today I will travel to Riyadh, Saudi Arabia to attend the first G20 Finance Ministers’ and Central Bank Governors’ Meeting under Saudi Arabia’s 2020 G20 Presidency.