Media releases

2008

Scrip for Scrip Roll-over Provisions and Corporate Restructures

The Government will modify the scrip for scrip capital gains tax (CGT) roll-over provisions for corporate restructures, the Assistant Treasurer and Minister for Competition Policy and Consumer Affa

Family Trusts - Savings Measure

Tonight the Rudd Government announced that it will reverse two of the family trust changes introduced by the previous Government in Tax Laws Amendment (2007 Measures No 4) Act 2007 to impr

Increased Budget Funding for the Australian Competition and Consumer Commission

The Rudd Government is serious when it comes to easing the cost of living pressures on Australian families.

Review Of Australia's Consumer Policy Framework - Release Of The Productivity Commission Final Report

The Minister for Competition Policy and Consumer Affairs, Chris Bowen MP, welcomes today's release of the Productivity Commission's final report of the Review of Australia's Consumer Policy Framewo

Australia-Netherlands Antilles Tax Information Exchange Agreement Enters Into Force

The Assistant Treasurer, Chris Bowen MP, today announced that the Tax Information Exchange Agreement (TIEA) between Australia and the Netherlands Antilles has entered into force and has effec

Appointment of Ms Sarah Court to ACCC

Assistant Treasurer and Minister for Competition Policy and Consumer Affairs, Chris Bowen MP, is pleased to announce the appointment of Ms Sarah Court as a member of the Australian Competition and

Medical Indemnity Insurance: Fifth Monitoring Report

The Assistant Treasurer today released the Australian Competition and Consumer Commission's (ACCC) fifth monitoring report on medical indemnity insurance premiums.

Rudd Government acts to strengthen laws to promote fair competition

The Rudd Government today announced a package of measures aimed at promoting competition and cracking down on anti-competitive behaviour by powerful businesses.

Interview with David Speers, Sky News, Sunday Agenda, Sydney

SUBJECTS: Grocery sector, FuelWatch, competition, NSW Labor Party Conference David Speers:

Appointments to the Australian Reinsurance Pool Corporation

The Assistant Treasurer and Minister for Competition Policy and Consumer Affairs, Chris Bowen MP, today announced the appointment of Ms Patricia Azarias and the reappointment of Mr Jim Murphy to th

Government Looks to Increase Competition Across the Economy with Changes to Foreign Investment Rules

The Assistant Treasurer and Minister for Competition Policy and Consumer Affairs, Chris Bowen MP, today announced that the Rudd Government will change the foreign investment policy to extend the ti

The Benefits of a National Fuelwatch Scheme Put At Risk by Liberal Party

The Competition Policy & Consumer Affairs Minister Chris Bowen today called on Brendan Nelson to guarantee the passage of FuelWatch legislation through both house of parliament to give much nee

A National Fuelwatch Scheme

Federal Cabinet today approved the establishment of a National FuelWatch Scheme to promote competition and transparency in the petrol market.

Inspector General of Taxation to be Retained as a Stand Alone Office

The Assistant Treasurer and Minister for Competition Policy and Consumer Affairs, Chris Bowen MP, today announced that the Government will retain the office of the Inspector‑General of Taxation (

Regulation of Direct Offshore Foreign Insurers - Limited Exemption Arrangements

The Assistant Treasurer and Minister for Competition Policy and Consumer Affairs, Chris Bowen today announced the limited exemption arrangements for direct offshore foreign insurers (DOFIs).

Australia Modernises Tax Treaty With South Africa

Australia and the Republic of South Africa have signed a new Protocol to revise the tax treaty between the two countries which was signed in 1999.

Rudd Government Moves to Reveal Hidden Costs of Purchases

Minister for Competition Policy & Consumer Affairs, Chris Bowen has today unveiled draft legislation that will ensure consumers know the total price they will have to pay for goods and services

Social Atlas Series brings 2006 Census to Life

The Assistant Treasurer, Chris Bowen today launched the Australian Bureau of Statistics' (ABS) 2006 Census Social Atlas Series in a ceremony at Parliament House.

Board of Taxation Position Paper a Further Step to Making Australia a Financial Hub

The Board of Taxation (the Board) released its position paper today on the foreign source income anti-tax-deferral (attribution) rules.

Approval of Deductible Gift Recipients

Tax deductions are provided to donors who give to organisations that are endorsed as deductible gift recipients (DGRs), subject to certain conditions.  Organisations which do not fall under the gen