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Media releases

2017

Getting a better deal in 2018

In 2017 the Turnbull Government acted to reduce cost of living pressures for Australians by helping them drive a better deal on their energy bills and petrol

Shorten puts Aussie jobs and wages at risk as United States slashes company tax

Bill Shorten’s continued reckless opposition to a competitive Australian company tax rate would take one per cent from Australia’s GDP in the wake of United States actions overnight to slash its co

Consumer Watchdog to put petrol companies on notice

The Turnbull Government is directing consumer watchdog the ACCC to bust open the books of petrol companies and companies involved in all aspects the petrol supply chain to ensure Australian familie

2017-18 Mid-Year Economic and Fiscal Outlook

Today's Mid-Year Economic and Fiscal Outlook (MYEFO) confirms that the Budget remains on track to return to balance in 2020-21.

Royal Commission into misconduct in the banking, superannuation and financial services industry established

The Governor-General has issued the Letters Patent to the Honourable Kenneth Madison Hayne AC QC, formerly a judge of the High Court, establishing the Royal Commission into alleged misconduct in Au

Appointment - Councillor - National Competition Council

The Treasurer, the Hon Scott Morrison, today announced the appointment of Mr Chris Jose as a part‑time Councillor to the National Competition Council (the Council) for a three-year period from 18 D

Turnbull Government delivers more gas, more jobs

Australia is no longer facing a shortfall of gas supply in 2018 on expected demand, with Turnbull Government action to keep more gas for the domestic market beginning to reap dividends.

Foreign Investment Review Board appointment

Treasurer, the Hon Scott Morrison, today announced the appointment of Ms Teresa Dyson as a part-time member to the Foreign Investment Review Board (FIRB) for a five-year period.

Turnbull Government delivers leg-up for first home buyers and downsizers

The Parliament has today passed key elements of the Turnbull Government’s housing affordability plan, giving first home buyers a tax cut by allowing them to save for a deposit inside superannuation

New ASX technology improves the competitiveness of Australia’s financial markets

The Turnbull Government welcomes the ASX's announcement on its decision to move to a distributed ledger technology (DLT) based platform.

National accounts - September quarter 2017

Today's national accounts is another encouraging set of numbers, reinforcing an economic strategy that is based on driving growth through increased investment to secure the better days ahead.

ACCC to review digital platform services

The Turnbull Government is taking action to strengthen competition within Australia’s media industry, and support local jobs.

Australia to join in IMF Financial Sector Assessment in 2018

I am pleased to announce that Australia will participate in the International Monetary Fund’s (IMF) Financial Sector Assessment Program (FSAP) in 2018.

Royal Commission - Banks and Financial Services

The Turnbull Government will establish a Royal Commission into the alleged misconduct of Australia’s banks and other financial services entities.

Turnbull Government clampdown on multinational tax avoidance hits hybrids

Today’s release of exposure draft legislation to address hybrid mismatch arrangements reaffirms the Turnbull Government’s continued focus on strengthening the integrity of Australia’s tax system, a

Bouris taskforce to help digitise small business

The Turnbull Government has established a Small Business Digital Taskforce, to be headed by one of Australia’s most successful entrepreneurs, Mark Bouris AM, to ensure more Australian small busines

Appointment to the Future Fund Board of Guardians

The Government is pleased to announce the appointment of Robert Priestley to the Future Fund Board of Guardians for a period of five years from 7 November 2017.

More evidence backs Turnbull tax cuts

A survey of CEOs employing over one million Australian workers confirms the Turnbull Government's Enterprise Tax Plan will increase investment and generate more jobs, and that Bill Shorten's altern

Beware of pre-Christmas payment surcharge rip-off

The Turnbull Government has put businesses on notice ahead of the Christmas shopping period, as the Australian Competition and Consumer Commission (ACCC) cracks down on excessive payment surchargin

Turnbull Government equals jobs

The Australian economy continues to set new records with its unprecedented growth in jobs.