The government has called an election and is now in caretaker

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Media releases

2024

Financial services misconduct compensation scheme to start from 2 April 2024

The Government is delivering on its election commitment to give victims of financial services misconduct access to redress and compensation.

Government warns against ruthless romance scammers this Valentines Day

The Albanese Government urges Australians to be vigilant to romance scams as Valentine's Day approaches.

Government’s scam crackdown stops $300,000 transaction

The Albanese government’s scam crackdown shows early signs of success, with scam losses down and call disruption technology saving potential victims from major losses.

2023

Gift safely this holiday season

As 2023 heads into holiday season, people are being reminded that some toys and batteries can pose a risk to young children and babies.

A strong consumer voice in superannuation

The Albanese Government is strengthening the superannuation system to deliver better outcomes for the 16 million Australians with superannuation savings.

Government to implement all recommendations of news media bargaining code review

The Government will implement all recommendations of Treasury’s review of the News Media and Digital Platforms Mandatory Bargaining Code (the Code).

Appointments to Board of Taxation

The Albanese Government has appointed Judy O’Connell and Andrew Mills as part-time members to the Board of Taxation, each for a three-year term.

Consumers in focus as 2023 Australian Consumer Survey released

The Australian Consumer Survey, released publicly today, has helped sharpen the priorities for Commonwealth, State and Territory Consumer Ministers at recent a joint meeting.

Government consults on next reforms in response to PwC tax leaks scandal

The Albanese Government has today opened consultation on the next tranche of reforms to strengthen integrity and accountability in our tax system.

Aussies urged to be vigilant to scams this holiday season

The Albanese government is urging Australians to be vigilant to scams this holiday season, as impersonation scams are on the rise.

Next steps in modernising Australia’s payments system

The Albanese Government is today releasing two consultation papers to progress our plan to ensure Australia’s payments system delivers for our modern economy.

Government’s response to the ACCC’s major competition and consumer recommendations for digital platforms

Today, the Government has published its response to the Australian Competition and Consumer Commission’s September 2022 Digital Platform Services Inquiry interim report.

Government unveils comprehensive financial advice reform package

Today, the Albanese government has outlined its comprehensive package to ensure Australians have access to quality and affordable financial advice when they need it most.

Consultation on the retirement phase of superannuation

The Albanese Government is looking at how to improve the retirement phase of superannuation so that the system delivers a better retirement for more Australians.

2024–25 Pre-Budget submissions

The Albanese Government is inviting individuals, businesses, and community groups to submit their ideas and priorities for the 2024–25 Budget.

Government takes next step in fight against scams

Today, the Albanese Government takes the next step in its commitment to fight scammers, announcing public consultation on proposed tough new, mandatory industry codes for the private sector.

Better transparency for superannuation members

The Albanese Government has raised the standard of superannuation performance, backed by new analysis that shows a lift in member outcomes.

Consultation open on the use of genetic testing results in life insurance underwriting

Today, the Albanese government opened consultation to consider options addressing the use of genetic testing by life insurers.

First report shows early success in scammer crackdown

The Albanese government’s commitment to crack down on scams is today backed by a new National Anti-Scam Centre report that shows scam losses are down by 16% in its’ first 4 months of operation.

Government welcomes Scam Safe Accord

The new Scam Safe Accord announced by the Australian Banking Association (ABA) and the Customer Owned Banking Association (COBA) today is another important step in Australia’s united battle against