Media releases


Appointment of new Chair of Auditing and Assurance Standards Board

The Albanese Government has appointed Douglas Niven as the full-time Chair of the Auditing and Assurance Standards Board for a period of five years. 

Government appoints independent reviewer of continuous disclosure regime amendments

The Albanese Government has appointed Kevin Lewis as a part‑time independent reviewer of recent amendments to Australia’s continuous disclosure laws under the Corporations Act 2001. 

Albanese Government delivering new support for Australia’s small businesses

The Albanese Government is delivering significant new practical measures to support Australian small businesses and to help them prosper.

Improving the flexibility of the First Home Super Saver Scheme

The Albanese Government is making it easier for young Australians looking to purchase their first home through the First Home Super Saver Scheme (FHSSS).

Recognising experienced financial advisers

The Albanese Government is taking another step towards making financial advice more available and affordable for Australians.

New legislation to promote more competition in financial markets

The Albanese Government has today passed legislation to improve competition in the trading of shares and other securities as part of important reforms to strengthen Australia’s financial system and

Albanese Government passes major Hayne Royal Commission recommendations

Today, the Parliament has passed the Albanese Government’s legislation to implement the Financial Accountability Regime (FAR).

Time’s up for tricky tactics

The Albanese Government has its sights on the tricky tactics that confuse and frustrate Australians, with the release of a new consultation paper into unfair trading practices.

Data sharing under the microscope

The Albanese Government will examine the practice of ‘screen scraping’ with the release of a new discussion paper.

The Albanese Government stops Business Registers Program after independent review damning assessment

The Albanese Government has today announced it will stop the Coalition’s Modernising Business Registers (MBR) program following independent review findings that the program could not deliver value

Government taking decisive action in response to PwC tax leaks scandal

The Albanese Government will oversee the biggest crackdown on tax adviser misconduct in Australian history.

Managed investment schemes regulatory framework review consultation now open

Today, the Government has released a consultation paper examining the regulatory framework for managed investment schemes to ensure it remains fit‑for‑purpose and effectively protects investors fro

Insurance claims handling under the microscope in parliamentary inquiry into insurer responses to the 2022 floods

Today, the Assistant Treasurer will give notice to the House of Representatives tabling a motion to establish a Parliamentary Inquiry into insurer responses to the 2022 floods.

Small business and customer data to be safer under CDR improvements

The Albanese Government has taken another step to protect small businesses and their customers, by making important improvements to the Consumer Data Right.

New eInvoicing Hub for Hunter businesses

A new eInvoicing Hub has been established for businesses in the Hunter region of New South Wales to help boost efficiency and combat scams.

The Albanese Government announces inquiry into insurers' response to the 2022 floods

Today, the Assistant Treasurer joined with Andrew Gee, Member for Calare, to announce a parliamentary inquiry into insurers’ response to the 2022 floods.

More insurers join the cyclone reinsurance pool ahead of the 2023-24 cyclone season

As of 1 July 2023, 65% of all Australian home insurance policies are now covered by the cyclone pool.

Effectiveness and capability review of APRA

The Albanese Government welcomes the report of the Financial Regulator Assessment Authority (FRAA) into the effectiveness and capability of the Australian Prudential Regulation Authority (APRA).

First scam “hit squad” assembles as Government launches new National Anti-Scams Centre

The Albanese Government will today launch the cutting edge National Anti-Scams Centre (NASC) - the first line of defence in the fight against scammers.

Maximising investment opportunities and managing climate risks

The Albanese Government is consulting on detailed proposals that will help Australian companies and investors to maximise economic opportunities in the shift to cheaper, cleaner, and more reliable