ATO funding to recover unpaid tax and super by larger businesses
The Government announced it will provide $42.1 million over 4 years to the ATO to increase activities to recover unpaid tax and superannuation liabilities. These activities will focus on larger businesses and high wealth individuals to ensure on-time payment of their tax and superannuation liabilities.

Requirements for ABN holders to retain their status
The Government will impose new compliance obligations for ABN holders to retain their ABN.
Currently, ABN holders are able to retain their ABN regardless of whether they are meeting their income tax return lodgement obligation or the obligation to update their ABN details.
From 1 July 2021, ABN holders with an income tax return obligation will be required to lodge their income tax return and from 1 July 2022 confirm the accuracy of their details on the Australian Business Register annually.

Funding for Government response to Banking Royal Commission
The Government announced it will provide $606.7 million over 5 years from 2018-19 to facilitate the Government's response to the Hayne Banking Royal Commission.
On 4 February 2019, the Government proposed a package of measures to take action on all recommendations of the Hayne Royal Commission's final report.