The government has called an election and is now in caretaker
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Media releases
2016
Consultation on making Employee Share Schemes more user-friendly
The Minister for Revenue and Financial Services, the Hon Kelly O’Dwyer MP, today released the ‘National Innovation and Science Agenda – Employee Share Schemes’ paper for consultation.
Government releases revised life insurance remuneration regulations for consultation
The Minister for Revenue and Financial Services, the Hon Kelly O'Dwyer MP, today released revised life insurance remuneration regulations for consultation.
ASIC Enforcement Review Taskforce
As announced last week, in keeping with the Government's commitment to better protect Australian consumers by strengthening the Australian Securities and Investments Commission (ASIC), the Minister
Professional standards for financial advisers to benefit consumers
The Turnbull Government will introduce legislation into the Parliament this year to mandate professional standards for financial advisers, Minister for Revenue and Financial Services, the Hon Kelly
Takeover Panel Cross-appointment
I am pleased to announce the appointment of Mr Richard Andrew (Andy) Coupe as the part-time New Zealand member of the Australian Takeovers Panel for a five year period.
Release of ASIC report on claims handling in life insurance industry
The Turnbull Government welcomes the release today of the Australian Securities and Investments Commission’s (ASIC) report on claims handling practices in the life insurance industry.
Key life insurance reforms to assist consumers
Minister for Revenue and Financial Services, the Hon Kelly O’Dwyer MP, today reintroduced legislation into Parliament to improve the quality of financial advice and boost consumer confidence in the
Government welcomes release of Life Insurance Code of Practice
The Turnbull Government welcomes today’s release by the Financial Services Council (FSC) of the Life Insurance Code of Practice (the Code).
Greater certainty on integrity rules regarding the taxation of debt and equity: Exposure draft legislation
Minister for Revenue and Financial Services, the Hon Kelly O’Dwyer MP, today released Exposure Draft legislation and explanatory material to provide greater certainty in relation to integrity rules
New budgeting tool helps Australians take control of their finances
The Minister for Revenue and Financial Services, the Hon Kelly O’Dwyer MP, has today launched ASIC’s MoneySmart ‘Simple Money Manager’ at the Australian Bankers’ Association Financial Literacy conf
Appointment of part-time members of the Australian Reinsurance Pool Corporation
I am pleased to announce today the appointment to the Board of the Australian Reinsurance Pool Corporation (ARPC) of two part-time members for three year terms and the reappointment of one part-tim
Superannuation reform: Second tranche of exposure draft
The Turnbull Government has today released further Exposure Draft legislation and explanatory material for the superannuation reforms first announced in the 2016-17 Budget.
Even fairer, more flexible and sustainable superannuation
The Government has today announced improvements to the superannuation changes announced in the 2016-17 Budget that make Australia’s superannuation system even fairer, more flexible and more sustain
Government introduces further tax improvements
The Turnbull Government is ensuring the sustainability of Australia's tax system through the introduction of the Tax and Superannuation Laws Amendment (2016 Measures No.
External dispute resolution framework issues paper released
The independent expert panel that is conducting the review into the financial system’s external dispute resolution and complaints framework has today released an Issues Paper calling for submission
Superannuation reforms: first tranche of Exposure Drafts
Today the Turnbull Government has released the first tranche of Exposure Draft legislation for superannuation reforms announced in the 2016-17 Budget.
No one hides outside the tax system
Tax criminals have nowhere to hide following investigations by the Serious Financial Crime Taskforce (SFCT) as part of a 'week of action’ in response to tax evasion and crime identified in the Pana
Wine Equalisation Tax rebate paper released
The Turnbull Government today released an implementation paper on tightened eligibility criteria for the Wine Equalisation Tax (WET) rebate, the Minister for Revenue and Financial Services, the Hon
New Australia-Germany double taxation agreement
The Minister for Revenue and Financial Services, the Hon Kelly O’Dwyer MP today introduced legislation to give the force of law to a new tax treaty between Australia and Germany.
Inquiry into small business lending practices
The Australian Small Business and Family Enterprise Ombudsman has been directed by the Turnbull Government to undertake an inquiry into the adequacy of the law to address concerns raised by the Par