Media releases

2020

Review of the Tax Practitioners Board

The Morrison Government has today released the final report and response to the independent review of the Tax Practitioners Board (TPB).

2021-22 Pre-Budget Submissions

The 2021-22 Budget will contribute to the next phase of the Morrison Government’s Economic Recovery Plan designed to create more jobs and secure Australia’s future.

Better hand sanitiser information to keep COVIDsafe

Consumers will be able to better identify the effectiveness of different hand sanitiser products under new laws designed to help Australians stay COVIDsafe.

Launch of consultation on electronic invoicing

The Morrison Government has brought together a number of Australia’s leading businesses to discuss options for the rollout of e-invoicing to cut red tape and running costs for Australia’s busines

New home sales continuing to drive recovery

Today’s Housing Industry Association (HIA) New Home Sales Report for October 2020 again shows that HomeBuilder is helping drive our tradie led recovery by pulling Australia’s economy forward.

Insolvency reforms to support small business

The Morrison Government has today introduced legislation into the Parliament to progress the most significant changes to Australia’s insolvency framework in 30 years as part of our economic recover

Penalties to be introduced for unfair contract terms

The Morrison Government has secured the agreement of state and territory Consumer Affairs Ministers to strengthen protections for consumers and small businesses from unfair contract terms.

Lenders accepting applications for extended First Home Loan Deposit Scheme

From today, first home buyers will be able to apply to First Home Loan Deposit Scheme lending panel lenders to secure a guarantee to build a new home or purchase a newly bui

Record level of loans for construction of new homes, building approvals over 10,000 in September

Today’s Australian Bureau of Statistics lending indicators data for September 2020 shows the number of loans for the construction new dwellings increased by 27.1 per cent, rising to the highest amo

Productivity Commission Inquiry into Right to Repair

The Morrison Government has today released terms of reference for the Productivity Commission’s inquiry into the Right to Repair in Australia.

Appointments to the Tax Practitioners Board

The Morrison Government has appointed Mr Peter de Cure, Ms Judy Sullivan and Mr Craig Stephens as part-time members of the Tax Practitioners Board for a three-year period.

Homebuilder Top of the Pops – ‘highly effective, immediate and good value for money’

Today’s ANZ/Property Council Survey for the December 2020 quarter shows the renewed confidence in Australia’s property industry is being driven by successful stimulus measures that are supporting o

HIA new home sales data continues to demonstrate Homebuilder’s phenomenal success

Today’s Housing Industry Association (HIA) New Home Sales Report for September 2020 again demonstrates how HomeBuilder is providing the stimulus the construction industry needs that is protecting t

HomeBuilder delivering stimulus for tradies and confidence for first home buyers

Today’s Australian Bureau of Statistics lending indicators data shows HomeBuilder is delivering the stimulus the construction industry needs, with the number of loans for th

Removing Capital Gains Tax for Granny Flats

The Morrison Government is supporting older and disabled Australians and their families by providing a targeted Capital Gains Tax (CGT) exemption for granny flat arrangements where there is a forma

Helping an additional 10,000 first home buyers

As part of the Morrison Government’s economic recovery plan to create jobs, rebuild our economy and secure Australia’s future, an additional 10,000 first home buyers will be able to purchase a new

A better deal for food and grocery suppliers

From tomorrow, the Food and Grocery Code of Conduct (the Code) will be enhanced to strengthen commercial dealings between Code signatories and their suppliers.

Boost for skills training with Fringe Benefits Tax exemption

The Morrison Government will provide an exemption from Fringe Benefits Tax (FBT) for employer-provided retraining and reskilling, for employees who are redeployed to a different role in the busines

Expanding access to small business tax concessions to support jobs

The Morrison Government is continuing to support businesses through COVID‑19 by providing further tax relief to attract and retain workers and reduce red-tape as part of our economic recovery plan.

Further extension of simplified working from home deductions

The Morrison Government has welcomed the further extension of the temporary arrangements put in place by the Australian Tax Office (ATO) to make it easier for Australians to claim deductions for wo