Media releases

2018

Ensuring the government lives within its means

Acting to ensure the government lives within its means by keeping spending and taxes under control is enabling the Turnbull Government to build a stronger budget that underpins economic growth and

A stronger economy to create more jobs

The Turnbull Government is sticking to its plan for a stronger economy which will create more jobs and opportunities for Australians.

Tax relief for working Australians, low and middle income earners first

The Turnbull Government's seven-year Personal Income Tax Plan will provide tax relief to encourage and reward working Australians, starting with low and middle income earners, meaning more working

2018 Budget - A plan for a stronger economy

The Turnbull Government will build a stronger economy to create more jobs, provide tax relief to encourage and reward working Australians, guarantee essential services and keep Australians safe, wh

Levelling the playing field for craft brewers and distillers

Craft brewers and distillers will no longer pay additional tax, allowing them to compete on fairer terms with large beverage companies.

Cook’s landing site to be recognised for 250th anniversary

The Australian and NSW Governments have joined together to properly recognise and commemorate the meeting of two cultures at the landing site of then Lt James Cook and the HMB Endeavour on 29 April

Federal GST top up for WA hospital infrastructure

The Turnbull Government will top up Western Australia’s share of the GST by investing an additional $188.9 million in the state’s hospital infrastructure in the 2018-19 Budget.

New funding to boost services in the NT

The Turnbull Government will provide new funding to boost services in the Northern Territory, having reached agreement with the Northern Territory Government on future funding for remote indigenous

Boosting penalties to protect Australian consumers from corporate and financial misconduct

The Turnbull Government is strengthening criminal and civil penalties for corporate misconduct and boosting the powers of the Australian Securities and Investments Commission (ASIC) to protect Aust

Australian Competition and Consumer Commission appointments

Today I am pleased to announce Mr Mick Keogh OAM will serve as a Deputy Chair of the Australian Competition and Consumer Commission (ACCC) for a period of five years.  

Appointment of part-time member to the Reserve Bank Board

I am pleased to announce the appointment of Dr Gwenneth (Wendy) Craik AM to the Reserve Bank Board.

$3.75 billion hit to retirees and pensioners

Labor's bungled and damaging retiree tax just gets worse, with new data showing the proposal would rip $3.75 billion out of 2.6 million APRA-regulated superannuation member accounts, including thos

Australian Competition and Consumer Commission cross appointment to the New Zealand Commerce Commission

Australian Treasurer Scott Morrison and New Zealand Commerce and Consumer Affairs Minister Kris Faafoi have welcomed the cross-appointment of Australian Competition and Consumer Commission (ACCC) C

Reform of the Financial Sector (Shareholdings) Act 1998

The Turnbull Government is today releasing exposure draft legislation to relax the restriction on ownership of banks and insurers as well as introducing a new streamlined approval path under the Fi

Melbourne Airport Rail Link to ease Victorian congestion, deliver economic growth

The Turnbull Government will build the Melbourne Airport Rail Link, connecting the CBD and the airport for all Victorians and the 34 million people who use the airport every year.

Consultation on Banking Executive Accountability Regime

The Turnbull Government is progressing action to hold banks and senior executives to account, today releasing more information on how legislation will be implemented.

Turnbull Government action swells GST pool by $5 billion

States and Territories are projected to receive $5 billion in additional GST funding over four years courtesy of measures implemented by the Turnbull Government.

Inquiry into the impediments to business investment in Australia

I have written to the Chair of the House of Representatives Standing Committee on Economics, Sarah Henderson MP, to request that the committee undertake an inquiry into the impediments to business

Establishment of Indigenous Commissioner position at the Productivity Commission

I am pleased to announce that last night the Parliament passed legislation to establish the position of Indigenous Commissioner at the Productivity Commission.

Strengthening financial regulation

Financial institutions that manipulate financial benchmarks will now be hit with specific civil and criminal penalties – thanks to amendments legislated by the Turnbull Government today.