Media releases

2012

Gillard Government listens to sector on not-­for-­profit reforms

Following extensive consultation with the not-for-profit sector, the Australian Government has today announced it will extend the start date of the Australian Charities and Not-for-profits Commissi

Government consults on tax reforms for shipping industry

The Gillard Labor Government is seeking feedback from industry on the major element of its historic package of reforms to the Australian shipping industry.

Government to amend law to allow ATO to hold refunds pending verification checks

Assistant Treasurer Mark Arbib today announced that following consultation the Government will introduce legislation into Parliament to allow the Commissioner of Taxation to hold refunds for ver

Not-for-profit Sector Tax Concession Working Group

Minister for Social Inclusion Mark Butler and Assistant Treasurer Mark Arbib today announced the membership and terms of reference of a new working group that will consider ideas for better deliver

Minister reminds BAS and tax agents to renew registration

Assistant Treasurer and Minister for Small Business Mark Arbib today reminded BAS and tax agents to apply to the Tax Practitioners Board (TPB) to renew their registration before it expires on 1

Maintaining the effectiveness of the general anti­avoidance rule

Assistant Treasurer Mark Arbib today announced the Government would act to protect the integrity of Australia's tax system by introducing amendments to Part IVA of the income tax law.

Minister welcomes ABS small business count figures

Minister for Small Business Mark Arbib today welcomed the release of the Australian Bureau of Statistics Counts of Australian Businesses, including Entries and Exits June 2007 to June 2011 publication which showed an increase in new business registrations as well as a decline in the exit rate of businesses.

Mint produces coin for Australian Open finals

Specially released collectible coins from the Royal Australian Mint will be used in the coin tosses at the Australian Open men's and women's finals this weekend.

Productivity Commission inquiry into default superannuation funds in modern awards

The Productivity Commission will conduct an inquiry into the selection and ongoing assessment of default superannuation funds in modern awards, Minister for Superannuation, Bill Shorten and Assista

ABARES report provides facts about foreign investment

Assistant Treasurer Mark Arbib and Acting Minister for Agriculture Simon Crean today released the Foreign Investment and Australian Agriculture report by the Australian Bureau of Agricultural an

Government to boost transparency of foreign investment in agriculture

Assistant Treasurer Mark Arbib said the Government is improving the transparency of foreign investment in agriculture with more regular and expanded surveys, as well as guidance on the factors c

2011

Ministers welcome changes to the Farm Management Deposits Scheme

Minister for Agriculture, Fisheries and Forestry, Senator Joe Ludwig, and Assistant Treasurer, Senator Mark Arbib, have welcomed the passing of legislative changes to the Farm Management Deposits (