Media releases

The Turnbull Government is continuing to deliver on its commitment to protect the integrity of Australia’s corporate tax system while providing increased certainty for businesses and investors.

Today I can confirm that I have decided to task the Productivity Commission to undertake an inquiry into the impact on our national economy of Australia’s system of horizontal fiscal equalization (

The Turnbull Government has released the report of the review into the operation of the Petroleum Resource Rent Tax (PRRT), crude oil excise and associated Commonwealth royalties.

The Turnbull Government will re-introduce the remaining elements of our Enterprise Tax Plan when the Parliament resumes for the Budget, building on the significant progress achieved in delivering o

The Turnbull Government has today announced the Budget will include important changes to improve the way the Commonwealth’s capital and recurrent spending is presented and the impact this will have

The Turnbull Government has today announced the reappointment of Mr Chris Jordan AO as Commissioner of Taxation and the appointment of Mr Ramez Katf as Second Commissioner of Taxation.

The Turnbull Government today welcomed the Full Federal Court’s decision confirming the Australian Taxation Office’s assessment of $340 million in taxes and penalties owed by Chevron.

Today I have directed the Australian Competition and Consumer Commission (ACCC) to monitor the wholesale gas market in Eastern Australia using its inquiry powers.

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.

Media organisations are invited to the 2017-18 Budget lock-up from 12pm, Tuesday 9 May 2017 Parliament House, Canberra.

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.

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.

The government will deliver tax relief for around 3.2 million small and medium Australian businesses, employing over 6.5 million workers.

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

Today the Turnbull Government has introduced a significant package of legislation to simplify and strengthen Australia’s competition law.

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.

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.

The Turnbull Government has directed the Australian Competition and Consumer Commission (ACCC) to review retail electricity prices.

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.

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.