Media releases

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

The Turnbull Government has reached agreement on the passage of more than $6 billion in savings measures through an amended Budget Savings (Omnibus) Bill.

Today the Turnbull Government has released the first tranche of Exposure Draft legislation for superannuation reforms announced in the 2016-17 Budget.

Today's June Quarter National Accounts confirm that 2015-16 was Australia’s 25th consecutive year of economic growth and show our economy growing at the fastest rate in four years, but we must cont

The Turnbull Government today released Australia’s first report from the Agricultural Land Register, delivering on our commitment to increase scrutiny and transparency in Australian agriculture.

Today the Turnbull Government has released Exposure Draft legislation to strengthen Australia’s competition law and improve the long-term welfare of consumers, businesses and the economy.

The Treasurer met today with the FinTech Advisory Group to progress the development of innovation in the financial services sector and key measures in the National Innovation and Science Agenda sup

I am pleased to announce the appointment of Dr Guy Debelle as the Deputy Governor of the Reserve Bank of Australia (RBA) for a five-year term from 18 September 2016.

The Australian Taxation Office (ATO) has confirmed they will now issue the new PAYG withholding tax schedules next week, reflecting the lower personal tax rate in the Treasury Laws Amendment (I

Latest ABS data reveals working days lost in the construction industry jumped by 50 per cent in the June quarter and accounted for 66 per cent of working days lost, highlighting once again the need

The Turnbull Government has taken further steps to ensure hard-working average full-time wage earners can keep more of what they earn.

Today the Turnbull Government introduced legislation designed to immediately support up to 3.2 million small businesses employing around 5.5 million Australians.

Today the Turnbull Government introduced the Budget Savings (Omnibus) Bill 2016 into Parliament to give effect to $6 billion in Budget savings necessary to assist in the critical

Today's ABS building approvals data highlights the importance of the building and construction industry to our economy and why it is critical to restore the Australian Building and Construction Com

The Turnbull Government's legislated ban on excessive card surcharging, which comes into force this week, will mean Australian families should be charged less for purchasing a range of goods and se

Labor's announced changes to superannuation today will hollow out crucial support designed to assist more Australians to be independent in their retirement.

I have today made an order under the Foreign Acquisitions and Takeovers Act 1975 (the Act) prohibiting the proposed acquisition by foreign investors for the lease of 50.4 per cent of Ausgrid, the N

The Turnbull Government welcomes the decision by Moody's Investors Service to affirm Australia's triple-A credit rating with a stable ratings outlook.

Following careful consideration and consistent with the formal process required, I have today informed the bidders for the lease of 50.4 per cent of Ausgrid, the New South Wales electricity distrib

The Parliamentary Budget Office (PBO) today confirmed that Labor's addiction to spending would increase the deficit by more than $16 billion over the Budget and forward estimates.