Media releases

2021

Temporary and targeted relief on ASIC levies for financial advisers

The Morrison Government is today announcing temporary and targeted relief for financial advisers by reducing the cost recovery levies charged by the Australian Securities and Investments Commission

Increasing international competitiveness for Australia’s managed fund industry

As part of our plan to increase the competitiveness of Australia’s managed funds industry, the Morrison Government will begin consultation on finalising its Corporate Collective Investment Vehicles

Future Fund continues to deliver huge dividend for Australia

The Morrison Government has today welcomed the Future Fund’s latest portfolio update which shows it delivered its strongest ever investment earnings in 2020‑21, despite ongoing investment challenge

New Statement of Expectation for the Australian Securities and Investments Commission

The Morrison Government has today released a new Statement of Expectations for the Australian Securities and Investments Commission (ASIC), outlining the Government’s priorities for, and expectatio

Supporting more small and medium sized business to access funding

The Morrison Government is providing additional support to small and medium sized businesses (SMEs) who continue to deal with the economic impacts of the COVID‑19 crisis by expanding eligibility fo

Support for businesses in regional Victoria

A package of automatic cash grants jointly funded by the Commonwealth and Victorian Governments will provide regional Victorian businesses with the support they need following the

Assistance grants for WA tourism businesses impacted by COVID-19

Western Australian tourism businesses impacted by COVID-19 will soon be able to apply for funding support under a new joint Commonwealth-State program valued at up to $16.8

Lockdown support package for Territory businesses

The Federal Government and the Territory Labor Government have today announced a new $12.5 million package for Territory businesses impacted by COVID-19 restrictions.

Backing Melbourne businesses and their workers

A new round of support from the Commonwealth and Victorian Governments will flow to small and medium businesses most affected by the extension of public health restrictions in Melbourne.

Extended support for ACT businesses impacted by COVID-19

The Commonwealth and the Australian Capital Territory (ACT) Governments are working together to extend the COVID‑19 Business Support Grants in line with the extension of the ACT lockdown to 2 Septe

$600 million package to help Queensland businesses

The Commonwealth and Queensland Governments have reached a 50/50 funding agreement that will see the value of the Queensland COVID‑19 Business Support Grants rise from $260 million to $600 million.

Support for ACT businesses impacted by COVID-19

A jointly funded package from the Commonwealth and the Australian Capital Territory (ACT) Governments will give support to small and medium businesses in the Territory who have been imp

$20 million package to help Tasmanian businesses

A $20 million Business Support Package will commence next week that will give much-needed relief to Tasmanian businesses struggling with the ongoing impacts of border closur

More support for Melbourne businesses in lockdown

Significant new support from the Commonwealth and Victorian Governments will bolster businesses most affected by the extension of the public health lockdown in Melbourne.

Extending relief for virtual meetings and electronic communications

As part of our plan to secure Australia’s recovery, the Morrison Government has today passed legislation renewing temporary relief that allows companies to use technology to meet regulatory require

Reforms to Australia’s continuous disclosure laws pass parliament

The Morrison Government has today passed legislation making permanent the temporary changes to Australia’s continuous disclosure laws in May 2020.

Supporting businesses and individuals impacted by COVID-19

The passage of the Treasury Laws Amendment (COVID‑19 Economic Response No.

Support for South Australian small businesses impacted by COVID-19

A new jointly-funded package from the Commonwealth and South Australian Governments will give local small and medium businesses impacted by ongoing density and other trading restrictions further fi

Helping Victorian businesses that need it most

A new jointly funded package from the Commonwealth and Victorian Governments will give Victorian small and medium businesses the extra support and confidence they need to recover from the most rece

Finalisation of Your Future, Your Super Regulations

The Morrison Government today welcomes the registration of regulations to support the Your Future, Your Super reforms, which passed the Parliament on 17 June 2021.