Media releases

2018

Getting Australians better deals on their loans

The Turnbull Government is ensuring Australians can get better deals on their loans – today introducing legislation to enact Mandatory Comprehensive Credit Reporting.

Making sure multinationals pay their fair share

The Turnbull Government has moved to strengthen rules that ensure multinational companies pay their fair share of tax.

Independent inquiry into the system of compensation and rehabilitation for veterans

The Turnbull Government has today announced a Productivity Commission inquiry into the system of compensation and rehabilitation for veterans.

Levelling the playing field for Australian investors: Taxation of Stapled Structures

The Turnbull Government is continuing to deliver on its commitment to protect the integrity of Australia’s corporate tax system by tightening the rules on stapled structures.

A win for Aussie FinTechs looking to London

Australian FinTech companies will benefit from improved access to global markets thanks to an agreement with the United Kingdom, signed overnight in London by Treasurer Scott Morrison.  

G20 meeting in Buenos Aires and London FinTech conference

Today I will be travelling to Buenos Aires, Argentina, to attend the first G20 Finance Ministers and Central Bank Governors Meeting under Argentina’s 2018 G20 Presidency.

Strengthening ASEAN-Australia economic integration and infrastructure cooperation

Today at the ASEAN-Australia Special Summit 2018, the Australian Government announced three new initiatives that will strengthen regional economic integration and infrastructure cooperation between

Labor's retiree tax

The Labor party's latest bright idea, a $59 billion raid on imputation credits, is a direct attack on retirees, pensioners and low income earners that will mean dividends are no longer protected fr

2018-19 Budget Media Lock-up

Media organisations are invited to the 2018-19 Budget lock-up from 12pm on Tuesday 8 May at Parliament House, Canberra. Budget documents will be available from 1:30pm.

National Accounts - December quarter 2017

Today's National Accounts reveals the continued resilience of Australia's domestic economy, with Australians backing themselves, getting jobs, spending more and investing more.

Inquiry into the effectiveness of the implementation of the Basin Plan

The Coalition Government has announced a Productivity Commission inquiry into the effectiveness and implementation of the Basin Plan and water resource plans.

Making sure multinationals pay their fair share: Addressing hybrid loopholes

The Turnbull Government is continuing to ensure multinationals pay their fair share of tax – today releasing revised exposure draft legislation to address hybrid mismatch arrangements.

Historic Snowy Deal

The Turnbull Government has reached an agreement with the New South Wales and Victorian Governments to take full ownership of Snowy Hydro Limited in a deal that will deliver more than $6 billion in

IMF endorses Australia's economic performance

The International Monetary Fund has praised Australia’s strong economic performance, highlighting the Turnbull Government’s prudent management of the economy that has spurred growth.

Putting banking consumers first: cracking down on credit card practices and boosting competition in banking

Credit card providers will be forced to scrap unfair and predatory practises – after the Turnbull Government passed legislation through the parliament today.

Strengthening APRA's crisis management powers

The Turnbull Government is ensuring Australia’s financial system remains unquestionably strong – by strengthening the Australian Prudential Regulation Authority’s (APRA’s) crisis management powers.

Realtime payments, any hour, any day of the week

Australians will now be able to make instant electronic payments at any time of the day, with the launch of the New Payments Platform (NPP) today.

Review into Open Banking - giving consumers choice

Today I am pleased to release the Report of the Review into Open Banking, which will guide the Turnbull Government’s approach to giving consumers greater access to and control of their data, as ann

Delivering Australians a better deal on their loans

The Turnbull Government is continuing to act on delivering a better deal for bank customers – today releasing exposure draft legislation to mandate a comprehensive credit reporting regime.

Improving the integrity of the small business CGT concessions: exposure draft released

The Coalition Government today released exposure draft legislation and explanatory material for public consultation on integrity improvements to the small business capital gains tax (CGT) concessio