The government has called an election and is now in caretaker
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Media releases
2017
ACCC to monitor Eastern Australian wholesale gas market
Today I have directed the Australian Competition and Consumer Commission (ACCC) to monitor the wholesale gas market in Eastern Australia using its inquiry powers.
FIRB chair appointment
Treasurer Scott Morrison has today announced the appointment of David Irvine AO as Chair of the Foreign Investment Review Board, replacing outgoing Chair Brian Wilson.
2017-18 Budget Media lock-up
Media organisations are invited to the 2017-18 Budget lock-up from 12pm, Tuesday 9 May 2017 Parliament House, Canberra.
Multinational tax crackdown reaping results
The Turnbull Government’s tough new tax laws provide the Australian Taxation Office (ATO) with the powers and penalties it needs to ensure the Australian people receive the tax owed to them.
Youth Jobs PaTH - getting more young people into work
Today, the Turnbull Government is delivering on its promise to get more young people off welfare and into work with the launch of the Youth Jobs PaTH program.
Tax cuts to boost jobs and wages
The government will deliver tax relief for around 3.2 million small and medium Australian businesses, employing over 6.5 million workers.
Further APRA measures on residential mortgage lending
The Government welcomes the additional supervisory measures announced by the independent Australian Prudential Regulation Authority (APRA) today to address the build-up of risks associated with hou
Strengthening Competition – Harper Review legislation introduced
Today the Turnbull Government has introduced a significant package of legislation to simplify and strengthen Australia’s competition law.
Mandatory Code of Conduct for sugar industry
The Coalition Government has confirmed its commitment to introduce a mandatory Code of Conduct to apply to growers, millers and marketers in the sugar industry.
Diverted profits tax passes Senate
Today the Turnbull Government successfully legislated a new Diverted Profits Tax, which will prevent multinationals shifting profits made in Australia offshore to avoid paying tax.
ACCC to review electricity prices
The Turnbull Government has directed the Australian Competition and Consumer Commission (ACCC) to review retail electricity prices.
Diverted profits tax passes Senate
Today the Turnbull Government successfully legislated a new Diverted Profits Tax, which will prevent multinationals shifting profits made in Australia offshore to avoid paying tax.
Turnbull Government announces consultation on member-owned firm legislation and regulation
The Turnbull Government is today initiating a consultation on reforms to support cooperatives, mutuals and member-owned firms in Australia so they can invest, grow and employ more Australians.
Statement - Council on Federal Financial Relations meeting
The Council on Federal Financial Relations (CFFR) met today in Canberra to progress issues of national economic significance.
Government launches $2.1m program to support children of veterans with mental health issues
Minister for Veterans’ Affairs the Hon. Dan Tehan and Treasurer the Hon.
G20 Finance Ministers and Central Bank Governors Meeting – Baden-baden, Germany
Today I will be travelling to Baden-Baden, Germany, to attend the first G20 Finance Ministers and Central Bank Governors Meeting under Germany’s 2017 G20 Presidency.
Turnbull Government establishes affordable housing taskforce
The Turnbull Government today announced the establishment of the Affordable Housing Implementation Taskforce, which will develop an affordable housing bond aggregator model for consideration by the
National Accounts - December quarter 2016
Today’s December Quarter National Accounts shows that our economy rebounded strongly from the unexpectedly weak result in September, growing at 1.1 per cent in the December quarter.
Turnbull Government welcomes ongoing parliamentary scrutiny of big four banks
The Turnbull Government welcomes the commencement this week of further House of Representatives Economics Standing Committee hearings with Australia's major banks and will respond to the Committee'
Australian Fintechs hit investment high
An independent survey released this week shows that Australia has achieved world-leading growth in its FinTech industry.