Media releases

2024

Appointments – part-time members Financial Services and Credit Panel

The Albanese Government has reappointed 24 members to the Financial Services and Credit Panel (FSCP) for a three‑year period beginning on 1 January 2025.

Ensuring Australians can access safe, quality and affordable financial advice

The Albanese Government is announcing further details of its next package of reforms to ensure Australians have access to quality and affordable financial advice.

Fostering an innovative, safe and secure digital asset industry

The Albanese Government is working with industry and regulators to develop a fit for purpose digital asset regulatory regime, to build a more dynamic and competitive economy.

Albanese government to introduce new digital competition powers

The Albanese government is proposing a new digital competition regime for big tech to protect consumers, and bolster innovation and competition.

Multinational tax transparency, Buy Now Pay Later and philanthropic laws pass Parliament

The Albanese Labor Government has passed legislation that will hold large multinationals to account on their tax affairs, protect Australians who use Buy Now Pay Later (BNPL) services and support t

Objective of superannuation reforms pass Parliament

The Albanese Labor Government has today passed the Superannuation Objective Bill 2023 to strengthen Australia’s retirement income system.

Expanding the Consumer Data Right to non-bank lending

Today the Albanese Government has taken another step to reset the Consumer Data Right (CDR) and improve how the CDR can better serve consumers.

2025–26 Pre-Budget submissions

The Albanese government is inviting individuals, businesses, and community groups to submit their ideas and priorities for the 2025–26 Budget.

Improving the retirement phase of superannuation

The Albanese Government is taking action to reform the retirement phase of superannuation so the system delivers a better retirement for more Australians.

Appointments – Members, Companies Auditors Disciplinary Board

The Albanese Government has appointed Mr Brad Potter as a part‑time accounting member beginning on 18 February 2025 and reappointed Ms Kerrie Howard as a part‑time business

Ensuring the future of cash and next steps in phasing out cheques

The Albanese Government is taking action so Australians can continue to pay with cash for essential items if they want to, while also ensuring an orderly transition to phase out cheques.

Consultation underway to ban business practices ripping off Australians

The Albanese Government will ban dodgy business practices ripping off Australians, today opening public consultation on our plan to ban unfair trading practices. We will ban:

Australia signs superannuation arrangement with Cook Islands

The Australian Government has signed a Memorandum of Understanding (MOU) with the Cook Islands to allow portability of retirement savings between our two countries.

Consumer Data Right rule changes to drive consumer take up

Today the Albanese Government is announcing changes to make it easier for consumers to use the Consumer Data Right (CDR).

Albanese Government introduces landmark Scams Prevention Framework

The Albanese Government is providing the strongest defences against scammers in the world.

Albanese Government’s corporate tax crackdown

The Albanese Government is delivering on its commitment to ensure big corporations to pay their fair share of tax with a new report revealing a record level of corporate tax receipts.

Appointments – members Insolvency Practitioner Registration and Disciplinary Committees

The Albanese Government has appointed the following new part‑time members to the Ministerial Pool for the Insolvency Practitioner Registration and Disciplinary Committees (IPRDC):

Appointment – full-time Second Commissioner of Taxation – Australian Taxation Office

The Albanese Government will appoint Mr David Allen as a full-time Second Commissioner of Taxation to the Australian Taxation Office (ATO) for a seven-year period beginning on 1 November 2024.

Albanese Government to provide scam victims clear pathway for redress

The Albanese Government is making Australia the hardest target for scammers – sending a clear message that this harmful practice won’t be tolerated here, and making sure victims know we have their

Appointments – Members, Companies Auditors Disciplinary Board

The Albanese Government has today appointed Mr Michael Bray, Ms Julie Williams and Mr Matthew Green as part‑time accounting members of the Companies Auditors Disciplin