Media Releases

Board appointments – National Housing Finance and Investment Corporation

13 August 2018

The Government is pleased to announce the appointment of Mr David Cant, Ms Teresa Dyson, Mr Adrian Harrington and Ms Kylie Rampa as part-time Members of the National Housing Finance and Investment Corporation (NHFIC) Board. They will join Mr Brendan Crotty, Chair of the NHFIC Board, bringing with them skills and expertise from a range […]

John Fraser

12 July 2018

I pay tribute to Mr John Fraser who after three and a half years has resigned his role as Secretary of the Department of Treasury. During his tenure as Secretary to the Treasury we have seen major economic reform, most notably personal tax relief for all Australians and more competitive tax rates for small and […]

Passage of legislation to establish the National Housing Finance and Investment Corporation

28 June 2018

The Government has today reached another milestone in delivering on its comprehensive plan to improve housing outcomes for all Australians, announced at the 2017-18 Budget, with the passage of the National Housing Finance and Investment Corporation Bill 2018 and related Bill. The legislation is significant because it establishes the National Housing Finance and Investment Corporation, […]

Appointment of inaugural National Housing Finance and Investment Corporation chair

20 June 2018

I am pleased to announce the appointment of Mr Brendan Crotty as the inaugural National Housing Finance and Investment Corporation (NHFIC) Chair for a period of 3 years. Mr Crotty will formally commence his appointment following passage of the enabling legislation for the NHFIC. He brings considerable financial acumen, business expertise and property sector experience […]

Review of Australian Charities and Not-for-profits Commission legislation

31 May 2018

Today I received the final report from the review panel for the statutory review of the Australian Charities and Not-for-profits Commission legislation. I would like to thank the Chair, Mr Patrick McClure AO, and Panel members, Ms Su McCluskey, Dr Matthew Turnour and Mr Greg Hammond OAM, for their work in evaluating the performance of the legislative framework and the regulation of […]

Go paperless to save money

30 April 2018

Consumer protection agencies across Australia today launched an education campaign to encourage consumers to stop paying unnecessary fees to receive paper bills. The national education campaign will improve consumer understanding and awareness of the benefits of online billing, and urge consumers to find out if they are eligible for fee exemptions programmes should they wish […]

New effigy of the Queen on Australia’s coins

22 April 2018

The Government today announced that Australia will adopt a new effigy of Her Majesty Queen Elizabeth II on all circulating and collector coins. The new effigy of The Queen will be only the sixth to feature on Australia’s coins since Her Majesty’s accession to the throne in 1952. The effigy was designed by Jody Clark, […]

New circulating coin shares spirit of Australia’s ANZACS

20 April 2018

The Australian War Memorial’s iconic eternal flame will now circulate in coloured $2 coins released by the Royal Australian Mint ahead of Anzac Day. Produced in partnership with the Department of Veterans’ Affairs and the Australian War Memorial, the Lest We Forget – Eternal Flame coin continues the Mint’s tradition of releasing $2 coins into […]

Launch of General Sir John Monash Commemorative Coins

4 April 2018

The Government welcomes the launch of two unique commemorative coins celebrating the legacy of General Sir John Monash. The coins, produced by the Royal Australian Mint (the Mint), pay tribute to one of our most distinguished Australians. A brilliant military tactician, Sir John Monash played a pivotal role in Australia’s participation in the First World […]

Education campaign on ticket reselling to benefit consumers

23 March 2018

Consumer protection agencies across Australia today launched an education campaign to highlight issues around buying resold and second hand tickets to concerts, sporting events, festivals and other events. The education campaign will improve understanding and awareness of the ticket resale market, and help consumers to understand the risks associated with purchasing tickets from secondary resellers […]

Government calls on interested parties to have their say on ACCC proposal to improve quad bike safety

22 March 2018

After an extensive investigation, a Taskforce led by the Australian Competition and Consumer Commission (ACCC) has today released a consultation paper proposing regulatory changes to improve quad bike safety. In October 2017, the Turnbull Government established the Taskforce in response to the high number of recent quad bike deaths and injuries. These vehicles have the […]

Consultation open on consumer guarantee reforms

21 March 2018

The Turnbull Government today calls on businesses and consumers to have their say on proposed reforms that have come out of the Australian Consumer Law Review, including proposals to clarify, simplify and modernise the consumer guarantee framework in the Australian Consumer Law (ACL). These proposals are considered in a paper that was released by Treasury […]

Review of the Food and Grocery Code of Conduct

2 March 2018

The Turnbull Government has today released terms of reference for a review of the Food and Grocery Code of Conduct, and has announced that Professor Graeme Samuel AC will lead the review. The review is intended to ensure that the Food and Grocery Code is working effectively as the first prescribed voluntary code under the […]

Compulsory recall of vehicles fitted with defective Takata airbags

28 February 2018

I have today issued a compulsory recall notice for vehicles fitted with defective Takata airbags, following an extensive safety investigation by the Australian Competition and Consumer Commission (ACCC). The compulsory recall will capture approximately 2.3 million vehicles that still have a defective airbag that needs replacement. This includes vehicles made by Ford, GM Holden, Mercedes […]

Government introduces legislation to continue to improve outcomes for consumers

15 February 2018

The Turnbull Government has today introduced a Bill into Parliament containing reforms to improve outcomes for Australian consumers across a range of areas. Schedule 1 of the Treasury Laws Amendment (2018 Measures No. 3) Bill 2018 amends the Australia Consumer Law (ACL) to increase the maximum civil pecuniary penalties and penalties for criminal offences. The […]

Establishment of the National Housing Finance and Investment Corporation

15 February 2018

The Government has today introduced legislation to establish the National Housing Finance and Investment Corporation (NHFIC). This legislation delivers on a key element of the Government's comprehensive housing affordability plan announced at the 2017-18 Budget to improve housing outcomes for all Australians. The Corporation will operate two key activities: the National Housing Infrastructure Facility (Infrastructure […]

Labor only certain about one thing – higher taxes for small business

22 January 2018

Labor's rush to cover up a train wreck interview from one of their MPs just demonstrates once again their intent to whack small and medium hard-working Australian businesses with higher taxes. Having heard his Labor colleague Peter Khalil say Labor supported the Turnbull Government's legislated tax cuts for businesses with turnovers of up to $50 […]