Media releases

In response to the recommendations of the Financial System Inquiry, the Turnbull Government commissioned the independent Productivity Commission to undertake a comprehensive review to assess the co

As part of the National Innovation and Science Agenda (NISA), the Minister for Revenue and Financial Services, the Hon Kelly O’Dwyer MP, today released draft legislation which reforms Australia’s i

Today the Turnbull Government successfully legislated a new Diverted Profits Tax, which will prevent multinationals shifting profits made in Australia offshore to avoid paying tax.

The Turnbull Government has strengthened tax incentives available to investors in start-ups and simplified information sharing between the Australian Taxation Office (ATO) and the Australian Securi

Today's successful passage of the Treasury Laws Amendment (Measures No 1) Bill 2016 will better protect retail investors and promote innovation, growth and jobs.

The Minister for Revenue and Financial Services, the Hon Kelly O’Dwyer MP, is pleased to announce the reappointment of part-time members of the Financial Reporting Council (FRC).

I am pleased to announce the appointments and reappointments of part-time members to the Takeovers Panel.

The Minister for Revenue and Financial Services, the Hon Kelly O'Dwyer MP, today released draft superannuation income stream regulations and an explanatory statement for public consultation.

The latest ISA advertising campaign is just another example of union-backed industry funds using members’ superannuation savings to bankroll political activism, the Minister for Revenue and Financi

The Turnbull Government welcomes ASIC’s final report into the supervision of financial advisers by the major banks and AMP.

The Turnbull Government today released the Australian Securities and Investment Commission’s (ASIC) ‘Review of Mortgage Broker Remuneration’ for public consultation. 

The Minister for Revenue and Financial Services, the Hon Kelly O’Dwyer MP, today declared the February 2017 ‘Sir Ivan Fires’ bushfires (Warrumbungle Shire of New South Wales) a disaster for the pur

The Minister for Revenue and Financial Services, the Hon Kelly O’Dwyer MP, today welcomed Labor’s support for strengthening the governance arrangements for the boards of Australia’s $2.1 trillion s

ASIC last November secured an Enforceable Undertaking against Cash Converters under which approximately 55,000 Australians will be refunded their share of $10.8 million due to Cash Converters breac

The Turnbull Government welcomes the commencement this week of further House of Representatives Economics Standing Committee hearings with Australia's major banks and will respond to the Committee'

The Turnbull Government has moved quickly in support for the people of Melbourne, and in particular the immediate families of those who lost their lives or were injured in the Bourke Street tragedy

After almost 15 months of waiting for the arrival of the industry-fund sponsored report into Government legislation on the governance of superannuation funds, its key recommendation is that the sta

The Minister for Revenue and Financial Services, the Hon Kelly O'Dwyer MP, today released for public consultation a paper entitled 'Increasing Transparency of the Beneficial Ownership of Companies'

The Government is getting the job done by passing the Tax and Superannuation Laws Amendment (2016 Measures No. 2) Bill 2016 today.

Today the Parliament is addressing high upfront life insurance commissions by passing the Corporations Amendment (Life Insurance Remuneration Arrangements) Bill 2016, the Minister for Revenue and F