Media releases
2024
Albanese Government launches Scams Awareness Week
The Albanese Government is urging Australians to take protective actions, like not clicking links in text messages, verifying phone numbers, and keeping across the latest advice from the National A
Albanese Government response to the independent review of continuous disclosure regime amendments
Today, the Government has published its response to Dr Kevin Lewis’ independent review of the 2021 Amendments to Australia’s continuous disclosure laws.
Albanese Government to reset Consumer Data Right
The Albanese Government will reset the Consumer Data Right (CDR) to deliver better consumer outcomes.
Albanese government lifts professional standards for tax practitioners
The Australian Government recognises the vital role that tax practitioners play and is committed to working with them to strengthen integrity and accountability in the tax system.
Albanese Government welcomes new infant product safety standards
The Albanese Government has implemented the Australian Competition and Consumer Commission’s recommendation to make new mandatory safety and information standards for infant sleep products.
Consultation on the eligibility requirements for tax practitioner registration with the Tax Practitioners Board is now open
Today, the Albanese Government has released a consultation paper reviewing the Tax Practitioners Board (TPB) registration requirements for tax practitioners.
Albanese Government backs Pacific banking for stability and prosperity in our region
The Albanese Government is making further investments to help prevent the loss of banking services in the Pacific.
The ATO joins the Australian Financial Crimes Exchange
The Albanese government is implementing a world leading anti‑scam plan, that has already seen scam losses fall for the first time since 2016.
Albanese government passes financial advice laws
The Albanese government has passed the first tranche of legislation to deliver its comprehensive package of reforms to ensure Australians have access to quality and affordable financial advice.
Albanese Labor Government support for small business passes Parliament
The Albanese Labor Government’s practical measures to support millions of small businesses and help them invest and grow has passed the Parliament today.
Appointment – Inspector-General of Taxation
The Albanese Government has appointed Ms Ruth Owen CBE as the Inspector‑General of Taxation (IGT) for a five‑year period commencing on 15 July 2024.
Government joins cutting edge intel tool to fight scammers
Today the Albanese Government will join a cutting‑edge intel exchange between Australian banks, telecommunications companies, digital platforms, and the Australian Financial Crimes Exchange (AFCX).
Singapore delegation a show of strength against scammers
This week the Assistant Treasurer will lead a delegation to Singapore to strengthen collaboration on our scammer crack down across the region.
Government introduces consumer protections for Buy Now Pay Later
The Albanese Government will today introduce new consumer protection legislation for Buy Now Pay Later (BNPL) that will see BNPL operators regulated as consumer credit.
Insurance Affordability and Natural Hazards Risk Reduction Taskforce
The Albanese Government is establishing the Insurance Affordability and Natural Hazards Risk Reduction Taskforce as part of the federal budget to develop an integrated, cross‑government ap
Albanese Government continues crackdown on scammers
The Albanese Government has delivered an additional $67.5 million in the 2024–25 Budget as part of our second tranche of reforms to crackdown on scammers.
Tax reform to ease cost‑of‑living pressure, support investment and a Future Made in Australia, and create a fairer system
The Albanese Labor Government is delivering a tax cut for every taxpayer because we want hardworking Australians to keep more of what they earn.
Albanese Government’s Joint Select Committee into social media
The Albanese Government will move to establish a Joint Parliamentary Select Committee into the influence and impacts of social media on Australian society.
Consultation commences on regulation of the tax and accounting sectors
The Albanese Government is acting to rebuild resilience and confidence in our tax and accounting sectors.
Government plan working as scam losses drop
A new report released today shows annual scam losses have declined for the first time since 2016, following the Albanese Government launching the National Anti‑Scam Centre in July 2023.