Media releases

2016

Banks to face Parliament

Australia’s major banks will be called to appear at least annually before the House of Representatives Standing Committee on Economics to enable the Committee to report jointly to the Treasurer and

Fitch reaffirms Australia’s AAA credit rating outlook

Fitch Ratings has today reaffirmed Australia’s triple-A sovereign credit rating with a stable outlook.

July G20 Finance Ministers and Central Bank Governors Meeting - Chengdu

Today I will be travelling to Chengdu, Sichuan Province, to attend the third and final G20 Finance Ministers and Central Bank Governors Meeting that China will host this year.

Council of Financial Regulators report on the implications of Brexit

The Treasurer today released the Council of Financial Regulators (CFR) report of 7 July to the Government on the economic implications of the United Kingdom’s (UK) vote on 23 June 2016 in favour of

Productivity Commission Appointments

Treasurer, the Hon. Scott Morrison today announced that he has appointed Ms Karen Chester, currently a full-time Commissioner of the Productivity Commission, as Deputy Chair.

Appointments to the Australian Competition Tribunal

Treasurer, the Hon. Scott Morrison today announced four new appointments and two reappointments to the Australian Competition Tribunal.

Appointment of the Governor of the Reserve Bank and a member of the Reserve Bank Board

I am pleased to announce the appointment of Dr Philip Lowe as the Governor of the Reserve Bank of Australia (RBA) for a seven-year term from 18 September 2016.

Creating a path to real jobs for young people

The Turnbull Government’s national economic plan for jobs and growth in a stronger, new and more diversified economy will create a new path to youth employment, helping young people through Austral

Embracing our FinTech future

The 2016-17 Budget announces a number of initiatives to further support the growth of Australia’s FinTech - or financial technology – industry.

A new Tax Avoidance Taskforce

The Turnbull Government will establish a new Tax Avoidance Taskforce to crack-down on multinational tax avoidance and secure revenue for the Australian community.

A tax plan for Australia’s future

The Turnbull Government is backing work and investment with lower taxes which will encourage workforce participation and business investment to improve growth and create the jobs of the future.

A more sustainable superannuation system

The Turnbull Government is today announcing a package of superannuation tax reforms to improve the sustainability, flexibility and integrity of the superannuation system.

The 2016 Budget – a National Plan for Jobs and Growth

The 2016 Budget is the Turnbull Government’s economic plan to ensure Australia continues to successfully transition from the mining investment boom to a stronger, more diversified new economy.

Productivity Commission inquiry into introducing competition and informed user choice into human services

The Turnbull Government has released the terms of reference for the Productivity Commission’s inquiry into introducing competition and informed user choice into human services.

Preliminary decision of foreign investment application for purchase of S. Kidman & Co Limited

As part of my long and careful deliberations regarding the acquisition by foreign investors of S. Kidman and Co.

Productivity Commission Inquiry into the Universal Service Obligation

The Turnbull Government has released the terms of reference for the Productivity Commission’s inquiry into the telecommunications Universal Service Obligation (USO), which will examine the role and

Productivity Commission to examine arrangements supporting Australian Consumer Law

Treasurer, the Hon Scott Morrison and the Minister for Small Business and Assistant Treasurer, the Hon Kelly O’Dwyer today released the terms of reference for a Productivity Commission study into t

Helping NSW police officers save for their retirement

The Turnbull and Baird Governments have entered into a four year transitional arrangement to ensure New South Wales (NSW) Police officers can make voluntary superannuation contributions towards the

Rejecting Labor's Housing Tax Plan

The Turnbull Government will be not be making changes to negative gearing or capital gains tax policy in the May 3 budget.

Not just a 'little list' of Labor's deceit

Labor's deception on tax, penalty rates and a royal commission has been exposed.