The government has called an election and is now in caretaker
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Media releases
2024
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.
Appointments – members, Takeovers Panel
The Government has recently appointed and reappointed the following part‑time members to the Takeovers Panel (the Panel) for a three‑year period beginning on 30 April 2024.
Financial services misconduct compensation scheme up and running
The Albanese Government is strengthening the financial system to provide victims of financial services misconduct with access to redress and compensation.
Government warns of malicious myGov scammers
The Albanese Government urges Australians to be vigilant to scammers targeting ATO log in details to commit tax fraud.
New legislation to increase the accessibility and affordability of financial advice
Today, the Albanese Government has introduced the first tranche of legislation to deliver its comprehensive package of reforms to ensure Australians have access to quality and affordable financial
New bicycle helmet safety standard to save industry millions
Today, the Assistant Treasurer has accepted the Australian Competition and Consumer Commission’s recommendation to implement a new safety standard for bicycle helmets.
Scammer crackdown shows early success as losses fall
A new report by the Australian Competition and Consumer Commission shows the Albanese Government’s plan to crack down on scammers is working.
Buy Now, Pay Later – release of exposure draft legislation
The Albanese Government is opening consultation on draft legislation to regulate Buy Now, Pay Later (BNPL) products in Australia.
Better coordinated financial sector regulation
The Albanese Government will introduce a financial sector regulatory initiatives grid to make sure the standard business of regulation is carried out in a more coordinated way.
Improving the superannuation performance test
The Albanese Government is consulting on options to improve the superannuation performance test to deliver a dignified retirement for more Australians.
Finalisation of the Financial Accountability Regime Minister Rules
The Albanese Government has finalised the Rules to support the full operation of the Financial Accountability Regime as it begins to come into force later this month.
Consultation opens on standardising natural hazard definitions and reviewing standard cover for insurance contracts
The Albanese Government is working to improve insurance affordability as more severe weather events contribute to higher costs.
Meta’s news content announcement
Meta’s decision to no longer pay for news content in a number of jurisdictions represents a dereliction of its commitment to the sustainability of Australian news media.
Appointment – chairperson, Companies Auditors Disciplinary Board
The Albanese Government has appointed Mr Howard Insall SC as the part‑time Chairperson of the Companies Auditors Disciplinary Board (CADB) for a three‑year period.
Appointments – members, Insolvency Practitioner Registration and Disciplinary Committees
The Albanese Government has appointed the following six new part‑time members to the Ministerial pool for the Insolvency Practitioner Registration and Disciplinary Committees (IPRDC), each for a th