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Media releases

2018

Consultation on $2 billion SME securitisation fund

Australian small businesses are a step closer to getting better access to more competitive finance, with the Liberal National Government releasing exposure draft legislation on the establishment of

Consumer Data Right Rules, Standards & Timeline

The Australian Competition and Consumer Commission (ACCC) has released the Consumer Data Right Rules outline for Open Banking, an initiative that will enable consumers to better compare prices and

Foreign Ownership of Agricultural Land Register findings

The Coalition Government has today released the third annual report of the Foreign Ownership of Agricultural Land Register, continuing our commitment to increase scrutiny and transparency of foreig

2018-19 Mid-Year Economic and Fiscal Outlook

The Mid-Year Economic and Fiscal Outlook confirms the strength of the Australian economy and that the Budget will return to surplus as part of the Government's plan to guarantee the essential servi

Gold Card for doctors and nurses from the Vietnam War

Members of the Australian civilian surgical and medical teams that provided medical aid, training and treatment to local Vietnamese people during the Vietnam War will be eligible for the Department

Fairer redundancy and early retirement scheme payments

The Coalition Government is reforming genuine redundancy and early retirement scheme payments as part of our commitment to deliver lower taxes and ensure Australians keep more of the money that the

$35 million boost to protecting consumers from cartels and anti-competitive conduct

Corporates will face an increased level of scrutiny with the Liberal-National Government committing an additional $35 million to the Australian Competition and Consumer Commission (ACCC) to boost i

$51 million to help lower power prices and ensure customers get a fair deal

The Liberal National Government is providing $51 million to the Australian Energy Regulator (AER) and Australian Competition and Consumer Commission (ACCC) to help deliver more affordable and relia

Big business paying their fair share of tax

New Australian Taxation Office (ATO) analysis released today shows that the Coalition Government's plan to ensure big businesses pay their fair share of tax is working.

First full-time Indigenous Policy Evaluation Commissioner of the Productivity Commission

The Coalition Government is pleased to announce the appointment of Mr Romlie Mokak as the first full-time Indigenous Policy Evaluation Commissioner of the Productivity Commission.

ACCC report reaffirms Government reforms to increase competition in the banking sector

The importance of the Coalition Government’s reforms to improve customer outcomes and increase competition in the banking sector have been reaffirmed by the Australian Competition and Consumer Comm

Foreign nationals forced to sell $380 million worth of illegally acquired real estate

The Coalition Government has forced the sale of more than 300 Australian properties, worth in excess of $380 million, that were illegally acquired by foreign nationals.

ACCC preliminary report on digital platforms

The Coalition Government has today released the Australian Competition and Consumer Commission’s (ACCC) preliminary Digital Platforms Inquiry report.

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.