Media Releases


Government committed to superannuation reform

In a surprising turnaround, Shadow Minister for Financial Services Clare O’Neil has called for superannuation reforms to help protect members while addressing the Superannuation Chair Forum in Vict

Initial Coin Offerings – Issues Paper released

The Morrison Government is committed to ensuring Australia is a global leader in FinTech by supporting developments in financial technology innovation that have a positive impact on our economy, wh

Consultation on amendments to reduce ASIC’s search fees and amend the industry funding model

In line with the Morrison Government's commitments, today I am releasing for public consultation draft regulatory amendments to reduce and remove the fees for accessing certain information from t

Consultation on mutually-owned financial institutions tax changes open

The Morrison Government continues to promote competition in our banking system with today's release of draft regulations to change the tax rules relating to the treatment of certain financial in

Consultation now open on CCIVs

The Government has released for public consultation two bills that implement the tax and regulatory components of the CCIV regime and their related explanatory materials.

Consultation on disclosure in general insurance

The Morrison Government is continuing to enhance consumer understanding and access to information by today releasing a discussion pa

Country by Country reporting - stopping tax avoidance by multinationals

Today marks the beginning of the second year of Country by Country (CbyC) report lodgements.

Final Productivity Commission report into superannuation

The Liberal National Government has today released the final report by the Productivity Commission into the efficiency and competitiveness of Australia's superannuation system.

Government calls on senate to support super bills

With Industry Superannuation Funds (ISFs) set to overtake Self-Managed Super Funds (SMSFs) as the largest sector in Australian superannuation, Australians need the Coalition Government's Protecti


Preventing multinational tax avoidance by strengthening Australia's tax treaties

The entry into force of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting from 1 January 2019 again shows the commitment of t

Inaugural interim report on Northern Australia insurance released

The Morrison Government welcomes the release of the Australian Competition & Consumer Commission's (ACCC) first interim report into the supply of residential building, contents and strata insur

Gift card regulations a big win for consumers and businesses

People will be better off from the Morrison Government’s gift cards reforms, which passed Parliament in October.

Reforming the petroleum resource rent tax

The Morrison Government is delivering on its commitment to ensure the Petroleum Resource Rent Tax (PRRT) better reflects Australia's petroleum industry with the release of exposure draft legislatio

Big business paying their fair share of tax

New Australian Taxation Office (ATO) analysis released today shows that the Coalition Government's plan to ensure big businesses pay their fair share of tax is working.

Consultation on taxation of income for fame or image

The Australian Government has today released a public consultation paper in relation to amendments to tax arrangements for individual income derived from a person's fame or image.

Coalition commits to sustaining terrorism insurance market

The Morrison Government is working with the Australian community and international partners to lower the risk of a terrorist attack and strengthen our ability to respond to, and recover from, any a

Morrison Government combating illegal phoenix activity

The Morrison Government is taking action to deter and disrupt illegal phoenix activity to protect workers and level the playing field for businesses, introducing new rules to protect the interest

Consultation on grocery unit pricing extended

Consultation on the Retail Grocery Industry Code of Conduct (the Code) has been extended until next year to give consumer and business groups the opportunity to have their say on unit pricing in su

Super Simple Retirement Disclosure

The Morrison Government has today released the Retirement Income Disclosure Consultation Paper which is the next step in developing a retirement income framework to support consumers to maintain an

Confirming the meaning of superannuation income stream benefit

The Morrison Government has amended the Income Tax Assessment Regulations 1997 (ITAR 1997) to confirm the meaning of ‘superannuation income stream benefit’.