The government has called an election and is now in caretaker
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Media releases
2017
Draft legislation - Protecting Aussies from predatory credit card practices
The Turnbull Government has today released exposure draft legislation and explanatory material for the credit card reforms announced by the Government in the 2017-18 Budget.
Foreign Investment Review Board Appointment
The Treasurer, the Hon Scott Morrison has appointed Ms Cheryl Edwardes as a part-time member to the Foreign Investment Review Board (FIRB ) for a five-year period.
Delegation of Authorisation on Same-Sex Marriage Survey
Under section 34AAB of the Acts Interpretation Act 1901, I have authorised the Finance Minister to act on my behalf with respect to the Australian Bureau of Statistics collecting statistic
New Zealand joins Australia in multinational tax crackdown
The Turnbull Government welcomes New Zealand’s decision to join Australia in tackling multinational tax avoidance.
Direction to Australian Statistician
Today I have issued a direction to the Australian Statistician, asking the Australian Bureau of Statistics to request statistical information from all Australians on the electoral roll as to their
Empowering customers through Open Banking - Issues Paper released
The Open Banking Review has released an Issues Paper today seeking feedback on the best approach for implementing an Open Banking framework for Australian customers.
A better deal for Australian families
The Turnbull Government is taking decisive action to reduce energy prices for Australian families and businesses.
Developing Australia’s Social Impact Investing market
The Turnbull Government is today announcing a set of principles to guide its investment in programs that help our most vulnerable Australians.
Helping Australians realise their dream of home ownership
The Turnbull Government is launching the next phase of its comprehensive housing affordability package, releasing draft legislation to:
Empowering consumers through open banking
The Turnbull Government will seek advice on implementing an open banking system regime in Australia, and examine how such a framework can help boost competition and innovation in financial services
Strengthening financial stability – APRA release on unquestionably strong capital ratios
The Government welcomes APRA’s decision today to increase the level of capital that banks are expected to hold to be considered ‘unquestionably strong’.
Turnbull Government acts to further strengthen financial stability
The Turnbull Government is taking action to further strengthen Australia’s financial resilience by extending our prudential regulator’s powers to non-bank lenders, as announced in the 2017 Budget.
Further action to create a more competitive banking system for Australians
More competitive loans and other financial products for Australians will be encouraged through new reforms announced by the Turnbull Government in the 2017 Budget.
Review into the efficiency and competitiveness of the superannuation system commences
The Turnbull Government has taken further action to ensure Australia’s superannuation system is as efficient and competitive as possible with the release of the Terms of Reference for the Productiv
Appointment of part-time member to the Reserve Bank Board
I am pleased to announce the appointment of Mr Mark Barnaba AM to the Reserve Bank Board.
Extra funding announced for NT schools
Public schools across the Northern Territory are set for a $78.5 million funding boost from the Turnbull Government on top of the $263 million a year increase in needs-based funding set to flow to
Labor will drive up rents, pushing more Australians into rental stress
Bill Shorten and Labor’s policies will drive up rents for the increasing number of Australians that new Census data reveals are renting, have increasing rental costs or are paying over 30 per cent
Protecting Aussies from predatory credit card practices
Credit card providers will be forced to scrap unfair and predatory practices within the year under reforms to be introduced by the Turnbull Government.
Delivering a fairer playing field for Australian businesses
Turnbull Government laws will level the playing field for Australian businesses by applying the GST to goods costing $1,000 or less supplied from offshore to Australian consumers from 1 July 2018,
Turnbull Government delivers on Major Bank Levy
The Turnbull Government last night successfully passed legislation through the Parliament which will give effect to the Major Bank Levy from 1 July this year, as promised in the 2017 Budget.