Media releases

2016

Labor contradict themselves on their own negative gearing proposal

Labor’s failure to think through their reckless proposal to abolish negative gearing has been shown up by outright contradicting themselves on just how far this reckless policy will go.

December quarter National Accounts show positive transition continues

Today’s December Quarter National Accounts show once again that Australia continues to successfully manage our transition from the largest resources investment boom in our history to broader-based

Tougher measures to tackle tax evasion pass Parliament

The Parliament today passed the Turnbull Government’s latest set of strong measures to combat tax evasion.

Turnbull Government backing Australian FinTech in Asia

The Turnbull Government is delivering support to further back Australia's financial services technology – FinTech – in the burgeoning Asian market, Treasurer the Hon.

Australian Government looks to Shanghai for next landing pad

The Australian Government intends to establish a landing pad in Shanghai, China's largest and most cosmopolitan city, to help our innovators access talent and opportunities globally.

G20 Finance Ministers and Central Bank Governors Meeting

Today I will be participating in a series of meetings in Hong Kong on financial services technology (FinTech) before travelling to attend the G20 Finance Ministers and Central Bank Governors Meetin

Appointment of the Agriculture Commissioner to the Australian Competition and Consumer Commission

Deputy Prime Minister and Minister for Agriculture and Water Resources the Hon. Barnaby Joyce and Treasurer the Hon.

Turnbull Government backing FinTech

Prime Minister Malcolm Turnbull and Treasurer Scott Morrison today announced the establishment of an expert advisory group to help make Australia the leading market for financial technology – or Fi

Approval of foreign investment application for purchase of the Tasmanian Land Company

Consistent with the recommendation from the Foreign Investment Review Board (FIRB), I have decided to approve the foreign investment application of Moon Lake Investments to acquire the land and ass

Turnbull Government's laws to end excessive card surcharging pass Parliament

The Parliament today passed the Turnbull Government’s tough new laws that will protect consumers from excessive card surcharging.

Register of foreign ownership of water access entitlements

Deputy Prime Minister and Minister for Agriculture and Water Resources, Barnaby Joyce, and Treasurer, Scott Morrison, have today released a consultation paper as part of the government's work to es

Foreign-owned agricultural land holdings to be registered by 29 February

Deputy Prime Minister and Minister for Agriculture and Water Resources, Barnaby Joyce, and Treasurer, Scott Morrison, have reminded foreign owners of Australian agricultural land that they have til

Turnbull government makes paying tax in Australia a condition for foreign investment

The Turnbull Government will apply new requirements on foreign investment applications to ensure multinational companies investing in Australia pay tax here on what they earn, Treasurer the Hon.

Productivity Commission review into the efficiency and competitiveness of the superannuation system

The Turnbull Government is today releasing the Terms of Reference for the first two stages of a Productivity Commission review into the efficiency and competitiveness of the entire superannuation s

Shorten’s long con - ‘most important structural budget reform’ raises just $0.56 billion

Bill Shorten should drop his long con of Australians – his ‘most important structural budget reform’ announced today adds just $0.56 billion to the Budget over the next four years, Treasurer, the H

Australia welcomes nomination for Christine Lagarde as IMF Managing Director for a second term

The Australian Government welcomes and supports the nomination of Madame Christine Lagarde for a second five-year term as Managing Director of the International Monetary Fund (IMF).

Release of tax modelling

The Turnbull Government has been examining how our tax system can be improved to back Australians to work, save and invest by boosting jobs and growth as our economy continues to transition from th

Sale of S. Kidman & Co Limited

Treasurer the Hon. Scott Morrison today welcomed the decision by S. Kidman & Co Limited to reopen the company’s sale process for Australian parties.

Turnbull Government to remove competitive tax advantage for overseas companies

The Turnbull Government today introduced legislation to the Parliament which will modernise our tax laws, protect the integrity of our tax system and ensure a level playing field for Australian bus

Coalition bolsters ATO in fight against multinational tax avoidance

The Turnbull Government has delivered on a commitment and taken further action to combat multinational tax avoidance with the signing of a new multilateral agreement to share tax information.