Media releases

2024

Australians urged to stay scam-aware this holiday season

The Albanese Government is urging Australians to be vigilant to criminal scammers this holiday season.

Albanese Government opens consultation on the tax regulator secrecy exceptions

The Albanese Government is continuing to strengthen trust and integrity in our tax system as part of our comprehensive response to the PwC tax leaks scandal.

Next steps in ensuring the future of cash

The Albanese Government is taking action so Australians can continue to pay with cash for essential items if they want to or need to.

New tool to streamline and better coordinate financial sector regulation

The Albanese Government has today released a new tool to better streamline and coordinate regulation in the financial sector to help build a more competitive, dynamic and productive economy.

Data Standards Chair appointed for Digital ID and Consumer Data Right

The Albanese Government has appointed Dr Ian Oppermann as the Data Standards Chair for Digital ID and Consumer Data Right (CDR) for a two‑year period (beginning on 1 March 2025).

Assistant Treasurer visit to New Zealand

Australia’s relationship with New Zealand has always been close and comprehensive, underpinned by generations of deep friendship and close cooperation.

A pathway out of legacy retirement products

The Albanese Government is implementing improvements to the superannuation system to help more Australians retire with dignity.

Albanese Government to establish News Bargaining Incentive

The Albanese Government will establish the News Bargaining Incentive to ensure large digital platforms contribute to the sustainability of news media in Australia.

Consumer Affairs Ministers renew commitment to protecting consumers, with an ambitious agenda for 2025

Commonwealth, State, Territory and New Zealand Consumer Affairs Ministers met on Tuesday 10 December 2024 to renew their commitment to strengthen consumer protections across the country.

Commonwealth Bank to establish operations in Nauru

The Albanese Government welcomes the Commonwealth Bank of Australia’s commitment to establish banking operations in Nauru in 2025.

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