Media releases

2018

Better targeting the Research and Development Tax Incentive

The Turnbull Government is taking an important step to better target the Research and Development Tax Incentive (R&DTI), today releasing draft legislation for public comment.

Ensuring foreign investors pay Australian tax – integrity measures paper released on stapled structures

The Turnbull Government is continuing to protect the integrity of Australia's corporate tax system to ensure foreign investors pay their fair share of tax, with the closure of a former Labor govern

Protecting around 1 million of the most vulnerable Australians from extra costs

The Turnbull Government is continuing to protect Australia’s most vulnerable individuals and families, lifting the Medicare levy low‑income thresholds for singles, families, seniors and pensioners

Inquiry into the economic regulation of airport services

The Liberal and Nationals Government has today announced a Productivity Commission (PC) inquiry into the economic regulation of airport services.

Lower, fairer and simpler taxes for all working Australians

The Turnbull Government has delivered income tax relief for hard-working Australian families.

Appointment of inaugural National Housing Finance and Investment Corporation chair

I am pleased to announce the appointment of Mr Brendan Crotty as the inaugural National Housing Finance and Investment Corporation (NHFIC) Chair for a period of 3 years.

Treasury costings of Labor's retiree tax revenue

A detailed Treasury costing of Labor’s retiree tax proposal has revealed a $10 billion black hole in Labor’s expected budget revenue from denying tax refunds for dividend imputation credits over th

Moody’s affirms Australia’s AAA credit rating

The Turnbull Government welcomes the announcement today that Moody's has affirmed Australia's AAA credit rating, with a stable outlook.

National Accounts – March Quarter 2018

Today's National Accounts show that the Turnbull Government's plan for a stronger economy is working, and we need to stick to that plan.

Consultation begins on new regulations so Australians can get better loan deals

The Turnbull Government is ensuring Australians can get better deals on their loans – today releasing an exposure draft so interested parties can have their say on the new Mandatory Comprehensive C

Ambassador and permanent representative of Australia to the Organisation for Economic Cooperation and Development (OECD)

Today I announce the appointment of Mr Philip Gaetjens as Australia's next Ambassador to the OECD in Paris.

Strengthening our financial regulator

The Treasurer today announced:

National Disability Agreement review

The Turnbull Government is today announcing a Productivity Commission review of the National Disability Agreement (NDA).

Ensuring multinationals pay their fair share of tax

The Turnbull Government is continuing to ensure multinationals pay their fair share of tax here in Australia.

Turnbull Government acts to further strengthen APRA

The Turnbull Government today introduced legislation that will bolster the ability of the Australian Prudential Regulation Authority (APRA) to ensure stability and accountability in our critical fi

Backing small business - Extending the $20,000 instant asset write off

The Turnbull Government is continuing to back small business – introducing legislation to extend the instant asset write-off.

Independent chair of the Consumer Data Right’s Data Standards Body selected

The Turnbull Government is continuing to progress our establishment of the Consumer Data Right, beginning with the Open Banking regime, wh

Ensuring foreign investors pay their fair share of tax

The Turnbull Government is continuing to protect the integrity of Australia's corporate tax system – ensuring foreign investors don't have a competitive advantage over Australian investors.

Government Response to the Open Banking Review

The Turnbull Government will act to improve customer outcomes and increase competition in the financial sector by implementing the recommendations in the final report of its independent Review into

Guaranteeing the essential services Australians rely on

The Turnbull Government's plan for a stronger economy is enabling the government to deliver record investment in Medicare, hospitals, schools and disability services and make new commitments to pro