Media releases

2015

2014-15 Final Budget Outcome

The Final Budget Outcome for 2014-15 shows that the Government is continuing to reduce the deficit and is lowering the spending growth trajectory of the previous government.

Statement

After having served for nearly twenty years as the Member for North Sydney and seventeen years on the frontbench, I advised the Prime Minister that I did not wish to continue as a minister in the G

Australia announces intention to commence tax treaty negotiations with Israel

As part of the Government’s ongoing efforts to strengthen and deepen our relationship with Israel, we are announcing our intention to commence negotiations on a new Double Taxation Agreement betwee

Passage of the Asian Infrastructure Investment Bank Bill 2015

Today I welcome the passage of legislation that enables Australia to become a founding member of the Asian Infrastructure Investment Bank (AIIB).

Additional divestment of illegally owned properties

Today I am pleased to announce that I have ordered the sale of five additional residential properties unlawfully held by foreign nationals.

Introduction of Combating Multinational Tax Avoidance Bill

The Government today took further strong action to ensure multinational companies pay their fair share of tax through the introduction of our multinational tax avoidance package.

Reappointment of the Business Members to the Joint Commonwealth and Tasmanian Economic Council

I am delighted to announce the reappointment of the four Business Members to the Joint Commonwealth and Tasmanian Economic Council for a further period of 18 months.

Statement: Continued growth in the Australian economy - ABS National Accounts - June quarter 2015

Today’s National Accounts show that the Australian economy is growing well despite the biggest fall in our terms of trade in more than fifty years.

New grants program for North Sydney

The electorate of North Sydney is set to benefit from the Commonwealth Government’s Stronger Communities Program which will deliver up to $300,000 over two years to fund small capital projects that

Statement: Council on Federal Financial Relations Tax Reform Workshop

Today the strength of Australia’s federal system of government was on show at a Council on Federal Financial Relations Tax Reform Workshop in Canberra.

State and territory treasurers discuss tax reform with the Commonwealth

Tomorrow's meeting in Canberra with the state and territory treasurers is a unique opportunity to achieve consensus across government for the progress of much needed national tax reform.

Productivity Commission inquiry into Australia's intellectual property arrangements

Today the Treasurer, Joe Hockey, and the Minister for Small Business, Bruce Billson, announced that the Productivity Commission will commence its inquiry into Australia’s intellectual property arra

Australia-China Strategic Economic Dialogue promotes investment in regional infrastructure

The Treasurer and Minister for Trade and Investment today hosted the second annual Australia‑China Strategic Economic Dialogue with Chairman Xu Shaoshi of China’s National Development and Reform Co

Medical Research Future Fund Bill passes

The successful passage today of the Government’s legislation to establish its landmark Medical Research Future Fund will significantly strengthen Australia’s standing as one of the global leaders i

Statement: Further divestment of illegally owned property

Australia welcomes foreign investment and Australia needs foreign investment but, at all times, foreign investors must comply with our laws.

Appointment of part-time members to the Takeovers Panel

I am pleased to announce the appointment of five new members to the Takeovers Panel.

Dedicated tax support service for drought affected communities

The Australian Government is committed to helping drought affected communities and we are pleased to announce a new service to help people manage their tax affairs when times are tough.

Appointment of a part-time member of the Foreign Investment Review Board

I am pleased to announce the appointment of Ms Alice Williams as a part-time member of the Foreign Investment Review Board (FIRB) for a five year period.

Strengthening scrutiny and transparency around foreign investment in agriculture – land register starts 1 July

The Coalition Government is delivering on its commitment to increase scrutiny and transparency around foreign investment in Australian agriculture.

Strong progress on Budget repair

As the first half of the Parliamentary year draws to a close, the Government is getting things done.