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Media releases

2023

New fraud controls protecting Australians from online identity theft

The Albanese Government has introduced new fraud controls to protect Australians from online identity theft and tax fraud.

Streamlining financial reporting architecture

The Albanese Government will restructure the nation’s financial reporting bodies to make them more efficient, effective and fit for purpose, including to assist Australia in implementing new climat

Government welcomes NSW insurance price reforms

The Albanese government welcomes the announcement by the NSW Premier to reform the emergency services levy.

Legislating the objective of superannuation

The Albanese Government is moving to enshrine an objective of superannuation in legislation as part of its agenda to strengthen and maximise the benefits of the nation’s super system.

Cutting red tape from financial advice

The Albanese Government is committed to ensuring Australians have access to high quality and affordable financial advice.

Holding large corporates to account on tax

The Albanese Government is committed to holding large corporates to account by enhancing transparency to ensure that they are paying the right amount of tax.

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 C

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.&n

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.