The government has called an election and is now in caretaker

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Media releases

2016

Productivity Commission review into the efficiency and competitiveness of the superannuation system

The Turnbull Government is today releasing the Terms of Reference for the first two stages of a Productivity Commission review into the efficiency and competitiveness of the entire superannuation s

Strong start for Exploration Development Incentive

The recently released results for the first year of the Government’s $100 million Exploration Development Incentive (EDI) highlight its broad use in new exploration.

Government moves to improve life insurance advice

Minister for Small Business and Assistant Treasurer the Hon Kelly O’Dwyer today introduced legislation into Parliament that will give effect to the industry-agreed life insurance improvements.

Crowd-sourced funding passes the House

The Turnbull Government is progressing Australia’s first framework for crowd-sourced equity funding (CSEF) with the Bill passing through the House of Representatives today, Minister for Small Busin

Improving bankruptcy and insolvency regimes

The Insolvency Law Reform Bill, which enhances protections for creditors and improves the efficiency of companies being wound up, has passed the House of Representatives today, Minister for Small B

MOU signed for new Asian Development Bank facility

Minister for Small Business and Assistant Treasurer, Kelly O’Dwyer MP, and Asian Development Bank President, Takehiko Nakao, today signed the Memorandum of Understanding on the Asia Pacific Project

Introduction of final Small Business Bill

The Coalition Government has today introduced in Parliament a Bill to enable Australian small businesses to change their legal structure without attracting a capital gains tax (CGT) liability at th

Appointment of first Small Business Ombudsman

The Hon Kelly O'Dwyer MP today announced the appointment of Ms Anne Katherine (Kate) Carnell AO as the inaugural Australian Small Business and Family Enterprise Ombudsman.

Coalition bolsters ATO in fight against multinational tax avoidance

The Turnbull Government has delivered on a commitment and taken further action to combat multinational tax avoidance with the signing of a new multilateral agreement to share tax information.

Hoverboard safety warning notice

Minister for Small Business and Assistant Treasurer, the Hon Kelly O'Dwyer MP, has issued a safety warning notice for hoverboards under the Competition and Consumer Act 2010.

Social security agreement with India commences

A new social security agreement between Australia and India is now in force, making retirement easier for residents of both countries.