Media releases

2018

Superannuation catch-up measure commences

The Turnbull Government’s 2016-17 Budget superannuation taxation reforms continue to improve the flexibility of the superannuation system with the commencement this week of the catch-up carry forwa

Australia at the cutting edge of tackling offshore tax crime

Australia has taken the next important step in targeting those who seek to commit transnational tax crime by joining a new international tax enforcement alliance.

Illicit Tobacco Taskforce to target $600 million black market

This week the Turnbull Government marks a new era in Australia's fight against illicit tobacco with the stand-up of the Illicit Tobacco Taskforce.

Correcting the record on ASIC registry fees

Recent media reports that characterise ASIC's business registry function as fee gouging are misleading and incorrect.

Registered charities not required to pay ASIC levy

The Turnbull Government is committed to improving consumer outcomes in the financial services sector.

Development of Asia Region Funds Passport

Australia’s funds management industry has gained access to a far larger market thanks to the passage of legislation which will open the gateway to the Asia region’s financial services market.

Starting or growing a business starts here

The Turnbull Government has today officially launched the Business Registration Service providing a simpler and clearer way to register a business.

Passage of ASIC’s industry funding fees-for-service bill

The Turnbull Government is committed to ensuring that the Australian Securities and Investments Commission (ASIC) has the resources and powers it needs to combat misconduct in Australia’s financial

Extending unfair contract terms protections to insurance contracts consultation

Insurance plays a fundamental role in maintaining the financial stability of both individuals and the Australian economy.

Appointment of new Deputy Chairperson to the Australian Securities and Investments Commission

I am pleased to announce the appointment of Mr Daniel Crennan QC as a new Deputy Chairperson to the Australian Securities and Investments Commission (ASIC) for a period of five years from 16 July 2

Advisory Board to help clamp down on the black economy

The Turnbull Government is establishing a new Advisory Board to support its ambitious reform agenda to disrupt the black economy.

New laws will protect your superannuation savings

The Turnbull Government has taken action to protect the hard-earned superannuation savings of millions of Australians from rorts and rip-offs.

Improving the Attribution Managed Investment Trust regime

The Turnbull Government is continuing with important reforms to improve Australia's taxation regime for the managed funds industry.

John Conde AO reappointed President of the Remuneration Tribunal

I am pleased to announce that Mr John Conde AO has been reappointed as President of the Remuneration Tribunal for a further five-year period, commencing from 25 June 2018.

Consultation on the first tranche of the Corporate Collective Investment Vehicle Bill

The Minister for Revenue and Financial Services, the Hon Kelly O’Dwyer MP, today released the first tranche of the Corporate Collective Investment Vehicle (CCIV) Bill for public consultation.

Early release of superannuation on compassionate grounds transferred to the Australian Taxation Office

The Turnbull Government is improving the early release of superannuation process by ensuring successful applicants receive funds sooner in their time of need.

Reforms to address corporate misuse of taxpayer funded Fair Entitlements Guarantee scheme

The Turnbull Government is committed to putting workers first by ensuring employers pay the entitlements they owe their workers.

Merit Protection Commissioner

The Minister Assisting the Prime Minister for the Public Service, the Hon Kelly O'Dwyer MP, today announced the appointment of Ms Linda Waugh as the new Merit Protection Commissioner.

Reappointments to the Australian Reinsurance Pool Corporation

The Minister for Revenue and Financial Services, the Hon Kelly O'Dwyer MP, today announced the reappointments of Ms Elaine Collins, Ms Janet Torney and Mr John Peberdy as part-time members of the A

Public submissions open for the Independent Review of the Australian Public Service

The Panel for the Independent Review of the Australian Public Service has today called for public submissions.