Media releases

2023

Thousands of scam investment websites removed in takedown blitz

The Albanese Government is continuing the fight against scammers as part of our $17.6 million investment in the 2023‑24 Budget to enhance disruption initiatives to combat investment scams.

Superannuation fund mergers and defined benefit income streams

The Albanese Government is taking further steps to improve the efficiency of the superannuation system.

Support extended for the families of deceased Youpla Group members

The Albanese Government is continuing to support former members of the collapsed Youpla Group.

Member appointments - Companies Auditors Disciplinary Board

The Albanese Government has today appointed Ms Angela Pearsall as a part-time business member of the Companies Auditors Disciplinary Board (CADB) for a three‑year period.

Australians urged to be alert to rapidly rising employment scams

The Albanese Government is urging Australians to be alert to an alarming rise in employment scams.

Connecting over 50s to the digital world

The Albanese Labor Government is committed to ensuring older Australians are connected to and safe in the modern digital world and will today announce $42 million to extend the successful Be Connec

Regulation of digital and crypto assets

The Albanese Government is outlining the next steps in its approach to regulating crypto and digital assets to protect consumers, support innovation and provide industry certainty.

Member appointments – Tax Practitioners Board

The Albanese Government has appointed three new members to the Tax Practitioners Board (TPB), the national body responsible for regulation of tax practitioners.

Consulting on payday super

Workers are a step closer to more dependable superannuation payments with the release of the Securing Australians’ Superannuation consultation paper.

New safety standards protecting young children from choking hazards

Every year in Australia, an estimated 2,500 children under three years old present to hospital emergency departments because of injuries from unsuitable or dangerous toys.

Making super concessions more sustainable

The Albanese Government is today releasing draft legislation on the announced change to superannuation tax concessions to make the system fairer and more sustainable.

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.