Media releases

2023

Introducing payday super

The Albanese Government will require super to be paid on payday, a reform that will benefit the retirement incomes of millions of Australians.

Consultation open on financial adviser education standards reform

The Albanese Government is committed to an advice industry with strong professional standards that gives Australians access to high quality financial advice.

Your Future, Your Super Review outcomes

The Albanese Government will strengthen Australia’s world‑class superannuation system to deliver a dignified retirement for all Australians.

Takeovers Panel - member appointments

The Albanese Government has appointed 17 part-time members to the Takeovers Panel, each for a three-year period beginning on 2 April 2022.

Government enshrines workers’ right to superannuation

The Albanese Labor Government is moving to protect more workers from underpayment of superannuation contributions.

Tax fraudsters found guilty: Operation Elbrus

The Albanese Government welcomes the guilty verdicts for 5 offenders involved in the Plutus Payroll tax fraud that defrauded the Commonwealth of more than $105 million.

‘It’s time’ for long overdue consumer protections

As Parliament returns for a fortnight of sittings, the Albanese Government is committed to finalising two important and long overdue recommendations of the Hayne Royal Commission.

Review of the Regulatory Framework for managed investment schemes

The Albanese Government is taking further steps to ensure there are strong investor protections in place across the financial sector tasking the Treasury to review the managed investment schemes (M

Appointments - Chair and Business member – Companies Auditors Disciplinary Board

The Albanese Government has today reappointed Ms Maria McCrossin as the part-time Chairperson to the Companies Auditors Disciplinary Board (CADB) for a one-year period and appointed Mr Michael Flyn

Superannuation tax breaks

The Albanese Government is making Australia’s world‑class superannuation system more sustainable and fairer with one modest change that affects less than 0.5 per cent of all Australians.

Damon Rees appointed to lead independent review of MBR program

I am pleased to announce that Mr Damon Rees will lead the independent review into the Modernising Business Registers program.

Consultation begins on legislating objective of super

The Albanese Government is taking the next step towards legislating an objective for superannuation.

ATO raids put fraudsters on notice

The Albanese Government welcomes the swift action of the ATO-led Serious Financial Crimes Taskforce (SFCT) to tackle the biggest GST fraud in Australia’s history, Operation Protego.

BNPL submissions released

As Australians face increasing cost of living pressures, the Albanese government wants to ensure appropriate consumer protections are in place.

Avoid a broken heart this Valentine's Day

Valentine’s Day is a golden opportunity for scammers to prey on the vulnerable.

Albanese Government continues important work to stop scams

The Minister for Communications and Assistant Treasurer have requested the Australian Communications and Media Authority (ACMA) investigate the implementation of a SMS sender ID register, which has

Independent review of MBR announced

Our business registries are critical infrastructure. Modernising them is essential.

Financial advice review released

Australians need access to quality, affordable financial advice to plan for their future.

Making crypto safer for consumers

The Albanese Government is acting to ensure the regulation of crypto assets protects consumers and positions our economy to take advantage of new digital products and services.

Influencers on notice, be upfront with followers

Consumers have the right to be protected from misleading claims and deceptive sales techniques, whether they do their buying online or at a shop.