Media releases

2022

Youpla Group Funeral Benefits Program begins Wednesday

The Albanese Government is delivering on its commitment to support the families of deceased Youpla Group policy holders, so they can get on with Sorry Business and bury their loved ones.

Unfair hurdles to class action funding unwound

The Albanese Government has today released draft regulations which unwind the previous government’s unfair treatment of class action plaintiffs.

Notice of AMM disclosure rules finalised

The Governor‑General and the Executive Council have today approved updated regulations relating to requirements for superannuation funds to disclose expenditures with the Annual Member’s Meeting no

Exposure draft legislation: Small business tax incentives

Draft legislation released today will introduce two tax incentives that support small businesses to train and upskill employees, and improve their digital and tech capacity.

Modernising business communications in Treasury portfolio laws

The Australian Government is committed to reducing costs for consumers and businesses by addressing unnecessary barriers to the use of digital communications in Treasury portfolio laws.

Effectiveness and capability review of ASIC

The Albanese Government has today tabled in Parliament the Effectiveness and Capability Review of the Australian Securities and Investments Commission (ASIC) undertaken by the Financial Regulator A

Consultation open on financial adviser education standards

It has never been harder for Australians to access quality financial advice.

Improving Corporations and Financial Services Law

The Australian Government is today inviting comment on two suites of exposure d

Work underway on crypto asset reforms

The Albanese Government will improve the way Australia’s regulatory system manages crypto assets, to keep up with developments and provide greater protections for consumers.

Extending CDR to non-bank lenders

Australian borrowers could benefit from proposed new obligations to empower them to switch lenders and get the best deal.

Assistant Treasurer and superannuation investors visit to Indonesia and Singapore

The Australian Government is committed to strengthening our trade and investment relationships with Southeast Asia.

Albanese Government supporting Australian businesses through eInvoicing Week

The Albanese Government is committed to saving Australian businesses time and money and is encouraging them to participate in eInvoicing Week, which kicks off today.

Upcoming consultation on financial adviser professional standards

The Albanese Government recognises the importance of quality and affordable financial advice and is committed to ensuring the professionalisation of the financial advice industry.

Pacific Islands Forum Economic Ministers Meeting

The Australian Government is committed to our Pacific partnerships, and to strengthening and developing regional solutions to shared economic challenges.

Review of the ASIC Industry Funding Model

The Albanese Government has commenced a review of the Australian Securities and Investments Commission (ASIC) Industry Funding Model (IFM) and has issued a

Public consultation begins on Multinational Tax Integrity and Transparency

The Albanese Government has released a discussion paper for public consultation on our election commitment to ensure that multinationals pay their fair share.

New product safety advice for babies welcomed

The Albanese Government welcomes today’s launch of a new baby product safety education initiative by the Australian Competition and Consumer Commission.

Help for Youpla Group collapse families

Sorry Business is of the deepest cultural importance to First Nations people.

Exposure draft legislation: Taxation of military superannuation benefits

The Albanese Government is introducing legislation to ensure that no veteran pays higher income tax because of the Federal Court decision in Commissioner of Taxation v Douglas (the Dou

Increase to foreign investment fees and penalties

The Albanese Labor Government is delivering on its election commitment to increase foreign investment fees and penalties.