Media Releases

Consultation on key Turnbull Government housing measures

12 January 2018

Acting Treasurer, the Hon Kelly O'Dwyer MP, today released for public consultation exposure draft legislation to establish a new corporate Commonwealth entity, the National Housing Finance and Investment Corporation (NHFIC), to improve housing outcomes for Australians. The NHFIC, which is due to commence operations on 1 July 2018, is an important part of the Government's […]

Consultation on Superannuation Taxation Integrity Measures

11 January 2018

The Minister for Revenue and Financial Services, the Hon Kelly O'Dwyer MP, today released for public consultation draft legislation and a consultation paper entitled ‘Superannuation Taxation Integrity Measures’. This consultation paper covers two superannuation taxation measures that were announced in the 2017-18 Budget and support the integrity of the Government’s comprehensive suite of superannuation taxation […]

Australian companies take up crowdfunding opportunity

11 January 2018

The Coalition Government welcomes ASIC's ground-breaking issuance of the first batch of licences allowing seven intermediaries to help small and innovative companies to raise funds from a crowd of investors, following commencement of the Government's equity crowdfunding framework in September 2017. This framework, which was a landmark reform of the Turnbull Government, has removed regulatory […]

Transparency of business tax debts

11 January 2018

The Minister for Revenue and Financial Services, the Hon Kelly O'Dwyer MP, today released exposure draft legislation and explanatory material for public consultation that will authorise the Australian Taxation Office (ATO) to disclose business tax debts to credit reporting bureaus where the businesses have not effectively engaged with the ATO to manage their debt. The […]

Encouraging innovation and trade in funds management in our region

10 January 2018

On 15 January, the Minister for Revenue and Financial Services, the Hon Kelly O'Dwyer MP will attend the Asian Financial Forum in Hong Kong. The Forum is an opportunity to discuss innovation in financial markets and Australia's role in encouraging economic growth in the Asia region. The visit to Hong Kong will kick start a […]