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Media releases

2019

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

The Morrison Government has today released for consultation draft legislation which implements recommendations 6.9 of the Financial Services Royal Commission which will oblige the

Taking action on the Banking, Superannuation & Financial Services Royal Commission - Recommendation 7.1: establishment of a compensation scheme of last resort

The Coalition Government has today released a discussion paper on establishing a Compensation Scheme of Last Resort.

Government’s tax avoidance laws sees Google settle with the ATO for $481.5m

The $481.5 million settlement between the Australian Taxation Office (ATO) and Google is strong evidence that the Coalition Government’s tax avoidance taskforce and tough laws are working to ensure

2020 Intergenerational Report

Every five years, the Government releases an Intergenerational Report which assesses the long term fiscal sustainability of Government policies.  Intergenerational Reports have previously b

2019-20 Mid-Year Economic and Fiscal Outlook

The Mid-Year Economic and Fiscal Outlook (MYEFO) confirms the resilience of the Australian economy and that the Budget is on track to return to surplus for the first time in 12 years.

Appointment of Commonwealth Members to the Australian Energy Regulator

The Morrison Government is pleased to announce the appointments of Mr Eric Groom PSM and Mr Justin Oliver as full-time Commonwealth members of the Australian Energy Reg

Appointment of Deputy President and members to Australian Competition Tribunal

The Morrison Government is pleased to announce the appointment of the Honourable Justice Michael O’Bryan as a part-time Deputy President and Ms Diana Eilert and Dr Jill Walker as part-time member

Doing more to reunite Australians with their lost and forgotten super

The Morrison Government will build on its record of protecting and reuniting Australians with their lost and forgotten super with legislation to facilitate the exit of eligible rollover funds (ERFs

Response to Digital Platforms Inquiry

The Government has today released its response and implementation roadmap to the Australian Competition and Consumer Commission’s (ACCC) Digital Platforms Inquiry.

Productivity Commission report into the Economic Regulation of Airports

The Liberal and Nationals Government today released its response to the Productivity Commission report into the Economic Regulation of Airports.

New tax treaty with Israel enters into force

Today, the Morrison Government ratified an historic new tax treaty between Australia and Israel, representing an important milestone in removing tax barriers and facilitating trade and investmen

Consumers to get better deals under Comprehensive Credit Reporting

Consumers and small businesses will have better access to finance under legislation re-introduced into the Parliament today by the Morrison Government to enact the Mandatory Comprehensive Credit Re

Morrison Government better targeting the Research and Development Tax Incentive

The Morrison Government has today reintroduced legislation to better target the Research and Development Tax Incentive (R&DTI) and to ensure its ongoing sustainability.

Introducing legislation to establish the Australian Business Growth Fund

The Morrison Government has today introduced legislation that will allow the Government to invest in the Australian Business Growth Fund (BGF) to ensure that small and medium-sized businesses (SME’

National Accounts - September Quarter 2019

Today’s National Accounts shows that the Australian economy remains remarkably resilient in the face of significant global and domestic economic headwinds.

Taking action on the Banking, Superannuation and Financial Services Royal Commission – Recommendation 6.10 Memorandum of Understanding between APRA and ASIC

The Morrison Government today welcomes the updated Memorandum of Understanding (MOU) between the Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Aut

Appointment of the Australian Bureau of Statistics Australian Statistician

The Morrison Government is pleased to announce the appointment of Dr David Gruen as the Australian Statistician to the Australian Bureau of Statistics (ABS) for a five-year period commencing from 1

Introducing legislation to implement further recommendations of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry

Consumers and small businesses will be further protected under legislation introduced into the Parliament today by the Morrison Government.

Productivity Commission to review National Skills & Workforce Agreement

The Morrison Government today has requested the Productivity Commission to review the National Agreement for Skills and Workforce Development (NASWD).

Conditional approval - acquisition of Bellamy's Australia

The Treasurer has provided conditional foreign investment approval for the proposed acquisition of Bellamy’s Australia Ltd (Bellamy’s) by China Mengniu Dairy Company Limited (China Mengniu).