Media releases

2018

Government progressing eInvoicing

The Turnbull Government is making it easier for industry to do business by announcing today that work to progressively adopt electronic invoicing (eInvoicing) will begin across all levels of govern

New proposals to improve compensation for victims of crime

The Turnbull Government is acting to ensure that the superannuation accounts of criminals cannot be used as a safe haven to protect their assets from the victims of their serious crimes.

Boosting financial capability across Australia

The Turnbull Government is establishing a new body to boost the advancement of financial capability across Australia.

Government commences consultation to clamp down on large cash payments

The Turnbull Government is committed to tackling the black economy and has today issued a consultation paper inviting comment on its Budget announcement to introduce an economy-wide cash payment li

Second and final phase of industry funding modelASIC fees-for-services

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

Tackling non-payment of workers’ superannuation

The Turnbull Government is continuing to take action to ensure Australian workers are paid the superannuation entitlements that they are owed.

Helping make your super work harder in retirement

The Turnbull Government is progressing reforms announced in the 2018-19 Budget to secure the retirement incomes of Australians and improve their standard of living in retirement.

Consultation commenced on strengthening commonwealth procurement processes

The Turnbull Government is leading the charge against the black economy by strengthening procurement processes to ensure that contracts are only awarded to businesses which have a good compliance h

Deductibility of gifts to key organisations

The Turnbull Government understands that charitable organisations contribute immensely to our communities right across Australia.

Women’s budget 2018-19 snapshot

The Turnbull Government recognises the extraordinary contributions that Australia's more than 12 million women make every day to our communities, families, workplaces and the economy.

Tackling illegal behaviour in the Black Economy

The Turnbull Government is taking decisive action in the fight against the black economy.

Encouraging and rewarding Australians by protecting your superannuation

The Turnbull Government is protecting the hard-earned retirement savings of millions of Australians by introducing new measures to guard against the undue erosion of superannuation balances through

New Illicit Tobacco Taskforce and Tobacco Duty Measures to Fight Organised Crime

The Turnbull Government is continuing its crackdown on the illicit tobacco trade with the establishment of the Illicit Tobacco Taskforce, a new framework to protect tobacco duty, and further resour

Government response to the Senate White Collar Crime Report

The Turnbull Government has today announced its formal response to the Senate Inquiry into White Collar Crime.

Reappointment of part-time members to the Board of Taxation

The Minister for Revenue and Financial Services, the Hon Kelly O'Dwyer MP, today announced the reappointments of Mr Neville Mitchell, Ms Karen Payne and Mrs Ann-Maree Wolff as part-time members of

Action underway against tax evaders

The Turnbull Government is committed to uncovering anyone who seeks to mask the true nature of their tax affairs.

Government Appoints Inaugural Australian Financial Complaints Authority Board Members

Earlier this year, the Minister for Revenue and Financial Services, the Hon Kelly O’Dwyer MP announced the appointment of the Hon Helen Coonan as Independent Chair of the Australian Financial Compl

Putting Consumers First: Australian Financial Complaints Authority Takes Shape

The new one-stop shop for financial complaints is taking shape, delivering on the Turnbull Government’s commitment to overhaul the external dispute resolution framework for financial disputes in Au

Terms of reference for the 2018 Review of the Terrorism Insurance Act

The Turnbull Government is continuing to act to ensure that Australians have appropriate insurance cover and remain financially protected from acts of terrorism.

Greater flexibility for self-managed super funds

The Turnbull Government is supporting Australians who want to manage their own superannuation affairs by expanding access to self-managed superannuation funds (SMSFs), and making it easier to roll