The government has called an election and is now in caretaker
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Media releases
2022
Buy Now Pay Later consultations open
Australia’s modern, digitally-enabled economy leads the world in innovation, and consumer protections need to keep pace.
Consumer Data Right goes live for energy sector
Australian consumers deserve to have their data working for them, securely and safely.
Appointment to Financial Reporting Council
The Albanese Government has today appointed Ms Emma Herd as a part‑time member of the Financial Reporting Council (FRC) for a three‑year period, bringing valuable climate and sustainabili
ACCC report into digital platform services
The Albanese Government welcomes the release of the Australian Competition and Consumer Commission’s (ACCC) latest report into digital platform services.
Ensuring large corporates pay their fair share of tax
The Albanese Government is committed to improving compliance, closing tax loop-holes and enhancing transparency to ensure that there’s money for the services Australians expect.
Delay to financial adviser registration
Today, the Albanese Government is announcing that it will delay the financial adviser registration requirement until 1 July 2023.
Tax cheats put on notice
Australians expect everyone to pay their fair share of tax.
But new ATO figures released today show an estimated annual shortfall of $33.4 billion between tax owed and tax paid.
Landmark funding to help reduce insurance costs
An Albanese Government initiative to help reduce the cost of insurance in communities at risk of natural disasters, will enhance mitigation measures and drive better outcomes for insurance holders.
Remaking sunsetting Superannuation Auditor Registration Imposition Regulations
The Albanese Government has released for public consultation the Superannuation Auditor Registration Imposition Regulations 2022 (the Regulations) which remake and improve the operation of
Director ID campaign launch
The Albanese Government is today launching a new awareness campaign to help company directors get their director identification number (director ID) as the 30 November deadline quickly approac
New Westpac scam prevention centre welcomed
Protecting Australians from scammers is a key priority for the Albanese Government.
Responding to the challenge of de-banking
The Albanese Government welcomes the Council of Financial Regulators’ paper on potential policy responses to address the problem of de‑banking in Australia.
Regional Banking Taskforce: final report
The Albanese Government has today released the final report of the Regional Banking Taskforce, which was set up to examine the impact of bank branch closures on regional communities and identify po
Statutory Review of the Consumer Data Right
Today, the Albanese Government released the report of the independent Statutory Review of the Consumer Data Right (CDR), led by Ms Elizabeth Kelly PSM.
ASIC Industry Funding Model discussion paper released
The Albanese Government has released a Discussion Paper to support public consultation as part of the review of the Australian Securities and Investments Commission (ASIC) Industry Funding Model (I
More competition and better prices
The Albanese Government is introducing legislation to protect Australian households and ease the cost of living by increasing penalties for breaches of competition and consumer law.
Appointments to CADB announced
The Albanese Government has today appointed Ms Inge Kindermann as the part‑time Deputy Chairperson to the Companies Auditors Disciplinary Board (CADB) and Ms Naomi Rule and Mr Tony Marks as busines
Expanded CDR draft legislation released
The Australian Government has today released draft legislation to expand the functionality of the Consumer Data Right (CDR) to make it easier and safer for consumers and small businesses to carry o
YFYS Technical Working Group
Australian super fund members deserve the best possible returns on their contributions so they have the most comfortable possible retirement.
CDR to ease pressure on family budgets
Driving down household bills to combat inflation is a key priority for the Albanese Government and technology can help.