Media releases

2021

Budget 2021-22 lock-up arrangements

The Morrison Government will hand down the 2021-22 Budget on Tuesday 11 May 2021.

IMF significantly upgrades Australia's economic outlook

The International Monetary Fund (IMF) has upgraded Australia’s economic growth outlook in its latest World Economic Outlook.

JobKeeper

Today the temporary emergency support program JobKeeper comes to an end.

ACCC Murray Darling Basin water markets inquiry report release

The Morrison-McCormack Government has today released the Australian Competition and Consumer Commission’s (ACCC) final report of the Murray-Darling Basin Water Markets Inquiry.

An extra $135 million to help Australia's creative sector rise

The Morrison Government will inject an additional $135 million to support thousands of jobs in the arts and entertainment sector, as it continues to come back from the impacts of COVID-19.

Government extends credit relief for small businesses

On 15 March 2021, the Morrison Government secured passage of the National Consumer Credit Protection Amendment (Supporting Economic Recovery) Bill 2020 through the House of Representatives.

Appointment of full time member to the Australian Prudential Regulation Authority

The Morrison Government has appointed Ms Margaret Cole as a full-time member of the Australian Prudential Regulation Authority (APRA) for a five-year period.

$2.4 billion boost to the economy as government cuts red-tape for tradies

The Morrison Government will provide a $2.4 billion boost to the economy by cutting red tape as part of our Economic Recovery Plan to allow for a uniform scheme for automatic mutual recognitio

Amending Australia's Offshore Banking Unit Regime

The Morrison Government will take action to avoid Australia being designated a harmful tax regime by the OECD and the European Union by introducing legislation into the Parliament to reform Austral

Tourism and aviation's flight path to recovery

Australia’s airlines, hotels and caravan parks, restaurants and bars, travel agents and tourism operators are set for a rush of hundreds of thousands of tourists as pa

$1.3 billion boost for Australian households

Around $1.3 billion will land in eligible Australians’ bank accounts from this week, as the Morrison Government delivers a fourth Economic Support Payment. 

Reuniting Australians with more lost superannuation

The Morrison Government has today passed legislation through the House of Representatives that will reunite Australians with more of their lost superannuation.

Protecting Australians from hidden costs

The Morrison Government has today passed legislation that will further protect Australian households from hidden fees and unexpected expenses.

Parliament passes News Media and Digital Platforms Mandatory Bargaining Code

Parliament has today passed the Morrison Government’s world-leading News Media and Digital Platforms Mandatory Bargaining Code that addresses the bargaining power imbalance between news media busin

Additional amendments to News Media and Digital Platforms Mandatory Bargaining Code

The Morrison Government will today introduce further amendments to the News Media and Digital Platforms Mandatory Bargaining Code.

AAA credit rating reaffirmed by Fitch

Australia’s AAA credit rating has today been reaffirmed by Fitch, with Australia one of only nine countries to hold a AAA credit rating from all three major credit rating agencies.

Productivity Commission review into Australia's supply chain stability

The Morrison Government has requested the Productivity Commission undertake an independent review into supply chain vulnerabilities and risks as part of it’s commitment to ensuring the Australian e

Appointments - Part-time councillors to the National Competition Council

Today the Morrison Government has appointed Mr Michael Borsky QC and Ms Katrina Groshinski as part‑time Councillors of the National Competition Council (NCC) each for a three-year period.

Extension of measures relating to virtual AGMs and signing and sending electronic documents

As part of our economic plan, the Morrison Government will introduce legislation into Parliament to extend the application of temporary relief measures introduced at the height of the coronavirus c

Permanent changes to Australia's continuous disclosure laws

As recommended by the Parliamentary Joint Committee for Corporations and Financial Services in its report on litigation funding and class actions, the Government is making permanent the temporary c