The government has called an election and is now in caretaker
Since this website is hosted by the Treasury, information from Portfolio Ministers might not be available here. You can find it on the ministers' party website. These party sites are not funded by the Commonwealth of Australia.
Media releases
2017
Deficit falls below 2 per cent of GDP
The responsible budget management of the Turnbull Government has brought the 2016-17 Final Budget Outcome (FBO) in at $4.4 billion better than the underlying cash balance forecast in the 2017-18 Bu
Consultation on National Housing Finance and Investment Corporation
The Turnbull Government today released a Consultation Paper on the proposed National Housing Finance and Investment Corporation (NHFIC), the National Housing Infrastructure Facility (NHIF) and the
Draft Legislation - Banking Executive Accountability Regime
The Turnbull Government is continuing to deliver on strengthening accountability in the banking system, today releasing exposure draft legislation for the Banking Executive Accountability Regime (B
Australia grows to become Asia-Pacific’s second largest alternative finance market
The Turnbull Government’s strong support for FinTech has helped Australia become the second largest alternative finance market in the Asia-Pacific, with US$610 million raised in 2016.
Strategic economic dialogue with China
Treasurer, the Hon. Scott Morrison and Minister for Trade, Tourism and Investment, the Hon.
Increasing the supply of affordable housing
The Turnbull Government is ensuring more Australians have access to secure and affordable housing, a key priority of the Federal Budget announced in May.
Removing the double taxation of digital currency
Today the Turnbull Government introduced legislation to deliver on the 2017-18 Budget promise to remove the double taxation of digital currency, action that will further cement Australia’s reputati
Turnbull Government opening up new capital markets for small businesses and start-ups
The Turnbull Government is delivering on its commitment to extend crowd-sourced equity funding to proprietary companies, introducing legislation to the Parliament today which will enact this import
Open competition in clearing and settlement of shares
I welcome the release today of the Council of Financial Regulators’ (CFR) policy statements on the regulation of Australian cash equities clearing and settlement services, developed in collaboratio
Targeted tax measures to improve housing affordability
The Turnbull Government is moving forward on the housing affordability package announced in the Budget.
Legislation introduced into the Parliament today will:
National Accounts - June Quarter 2017
The better days ahead for the Australian economy are now beginning to emerge.
Turnbull Government ban on excessive card surcharging extended to all businesses
Excessive card surcharging will be banned for all businesses from today, 1 September, continuing the Turnbull Government’s ‘taking action now’ approach to delivering fairer financial services for A
Government appointments
Treasurer, the Hon.
Shorten’s GST ‘fix’ a new Labor tax blitz
Once again, Labor thinks they can fix a problem by writing a big cheque with no clue how to pay for it. The answer is you, by the way.
Government backs APRA CBA inquiry - taking action now
I welcome today’s announcement by the Australian Prudential Regulation Authority (APRA) to commence an independent prudential inquiry that would focus on the governance, culture and accountability
Moody’s maintains Australia’s AAA credit rating
The Turnbull Government welcomed the announcement today that Moody’s has maintained Australia’s AAA credit rating, with a stable outlook.
Crackdown on Labor's tax loopholes
Australians are getting a fairer tax clip from large multinational companies, with over $4 billion raised in assessments last financial year, according to evidence by the Australian Taxation Office
Turnbull Government to strengthen APRA'S crisis management powers
The Turnbull Government has today released draft legislation to overhaul the powers of the Australian Prudential Regulation Authority (APRA) during times of financial crisis.
Strengthened competition law to benefit Aussie small businesses and consumers
The Turnbull Government has today legislated significant amendments to strengthen Australia’s competition law providing greater protections for small businesses and more choice for consumers by boo
Boosting competition in banking
The Turnbull Government welcomes the Australian Prudential Regulation Authority's (APRA) release today of the discu