Media releases

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.

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

The Turnbull Government welcomed the announcement today that Moody’s has maintained Australia’s AAA credit rating, with a stable outlook.

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

The Turnbull Government has today released draft legislation to overhaul the powers of the Australian Prudential Regulation Authority (APRA) during times of financial crisis.

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

The Turnbull Government welcomes the Australian Prudential Regulation Authority's (APRA) release today of the discu

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.

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.

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

The Turnbull Government welcomes New Zealand’s decision to join Australia in tackling multinational tax avoidance.

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

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. 

The Turnbull Government is taking decisive action to reduce energy prices for Australian families and businesses.

The Turnbull Government is today announcing a set of principles to guide its investment in programs that help our most vulnerable Australians.

The Turnbull Government is launching the next phase of its comprehensive housing affordability package, releasing draft legislation to:

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

The Government welcomes APRA’s decision today to increase the level of capital that banks are expected to hold to be considered ‘unquestionably strong’.

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.

More competitive loans and other financial products for Australians will be encouraged through new reforms announced by the Turnbull Government in the 2017 Budget.