Media Releases

Consultation on National Housing Finance and Investment Corporation

22 September 2017

The Turnbull Government today released a Consultation Paper on the proposed National Housing Finance and Investment Corporation (NHFIC), the National Housing Infrastructure Facility (NHIF) and the affordable housing bond aggregator for public consultation. These important measures, announced as part of the comprehensive housing affordability plan in the 2017-18 Budget, continue the work of the Turnbull […]

2018-19 Pre-Budget Submissions

20 September 2017

The Government is inviting submissions from individuals, businesses and community groups on their views regarding priorities for the 2018-19 Budget. The 2018-19 Budget will continue the Government’s commitment to focus on budget repair to ensure the Commonwealth maintains its fiscal trajectory back to balance while also supporting fairness, opportunity and security for all Australians. In […]

Increasing the supply of affordable housing

15 September 2017

The Turnbull Government is ensuring more Australians have access to secure and affordable housing, a key priority of the Federal Budget announced in May. Today, the Government is releasing draft legislation to implement critical elements in our comprehensive housing affordability plan for Australians including: enabling investors to obtain a 60 per cent capital gains discount […]

Master Builders report endorses Turnbull Government’s comprehensive housing affordability plan

14 September 2017

I welcome the report released today by Master Builders Australia, in conjunction with Cadence Economics, that demonstrates how the Turnbull Government’s comprehensive housing affordability package will unlock supply and, in turn, reduce pressure on affordability across the entire housing spectrum. The report recognises that a lack of supply, especially in our capital cities, is fundamental […]

Targeted tax measures to improve housing affordability

7 September 2017

The Turnbull Government is moving forward on the housing affordability package announced in the Budget. Legislation introduced into the Parliament today will: enable prospective first home buyers to save for a deposit inside superannuation through the First Home Super Saver Scheme (FHSSS) allow older Australians to contribute the proceeds of the sale of their family […]

CEDA report reaffirms Turnbull Government’s comprehensive plan for housing affordability

29 August 2017

The Centre for Economic Development of Australia (CEDA) Housing Australia report released today reaffirms the Turnbull Government’s comprehensive and targeted approach to reducing pressures on housing affordability. In its report, CEDA has recognised that a lack of housing supply, particularly in our capital cities, and strict planning and zoning regulations are central to many of […]

AUSTRAC and ACNC Risk Assessment shows criminals are targeting charities and non-profit sector

28 August 2017

Australia’s first risk assessment of charities and non-profit organisations has revealed that the sector that is built around helping the most vulnerable is being targeted by shameless criminals. Minister for Justice Michael Keenan and Assistant Minister to the Treasurer Michael Sukkar today released AUSTRAC’s Australia’s non-profit organisation sector: money laundering and terrorism financing risk assessment […]

Appointment of members to the Australian Charities and Not-for-profits Commission Advisory Board

10 August 2017

Today I am pleased to announce the appointment of Dr Susan Alberti AC and Mr Peter Hogan as part-time general members of the Australian Charities and Not-for-profits Commission (ACNC) Advisory Board for a period of three years. The ACNC Advisory Board provides sector-specific advice in areas such as the not-for-profit sector, law, accounting and taxation […]

Helping Australians realise their dream of home ownership

21 July 2017

The Turnbull Government is launching the next phase of its comprehensive housing affordability package, releasing draft legislation to: help Australians buy their first home remove the barriers that discourage retirees from downsizing their homes and stop foreign residents investing in residential real estate claiming the main residence exemption. Legislation to establish the First Home Super […]

Turnbull Government continuing to deliver on housing affordability

30 June 2017

The Turnbull Government is continuing to deliver on the comprehensive housing affordability package outlined in this year’s Budget, with a raft of measures to help Australians into their own home and increase the supply of and access to affordable housing coming into effect from tomorrow, 1 July. We are implementing a comprehensive plan that will […]

Reducing pressure on housing affordability

9 May 2017

The Turnbull Government is ensuring home ownership is more achievable for ordinary Australians, and that they have access to secure and affordable housing. Housing affordability is a major issue affecting many Australians and there is no silver bullet. To support Australian households, the Government has a comprehensive plan that will improve outcomes across the housing […]

Pacific Islands Forum Economic Ministers Meeting

4 April 2017

Today I will be travelling to Suva, Fiji to represent the Australian Government at the 2017 Pacific Islands Forum Economic Ministers Meeting (FEMM). Bringing together members of the Pacific Islands Forum and observers from a number of developmental partners, the FEMM is the only Pacific region forum of economic and finance ministers, providing an important […]

Confused Leigh’s own words come back to bite him

15 February 2017

Andrew Leigh is repeating his misrepresentation of Australia’s corporate tax rate to defend his backflip on now opposing a cut to the corporate tax rate he once supported. Yesterday and again today, the Shadow Assistant Treasurer tried to incorrectly claim that we don’t need to reduce the 30% corporate tax rate because somehow the corporate […]

Leigh caught out in an embarrassing tax lie

15 February 2017

Shadow Assistant Treasurer, Andrew Leigh, was caught out in an embarrassing claim about a fundamental feature of Australia’s tax system. In an interview on Sky News Australia, Andrew Leigh said the following to justify Labor’s anti-competitive policies on tax: “What Australians have to recognise is that our corporate rate has dividend imputation. That means we […]

New Assistant Minister to the Treasurer

25 January 2017

It was my privilege to be sworn in today as Assistant Minister to the Treasurer. The Turnbull Government is committed to its economic agenda. The Liberal Party has always been the government of strong economic policy and budget reform and I am dedicated to upholding that tradition. I look forward to working with the Ministerial […]