Media releases

2006

Tort law reform keeps insurance available and affordable

‘The changes made to the laws of negligence across Australia have had a positive impact on the availability and affordability of public liability and professional indemnity insurance’ the Minist

Government Helps Australians Understand Money at Christmas

It is a good sign that, as Christmas approaches, more Australians are equipping themselves with the skills to better manage their money, Peter Dutton, Assistant Treasurer and Minister for Revenu

Government to Make Further Improvements to the Tax System

The Minister for Revenue and Assistant Treasurer, Peter Dutton, today introduced Tax  Laws Amendment (2006 Measures No.

Government's Super Plan Finally Supported by Labor

After sustained pressure from the Government, the Labor Party has finally decided to support the Howard Government’s dynamic plan to reform superannuation.

Amendments to the Tax Law to Reduce Compliance Costs for Small Business

The Minister for Revenue and Assistant Treasurer, Peter Dutton MP, announced today amendments to the integrity rules concerning distributions by private companies (Division 7A of the Income

Industry Views Sought on Streamlining Prudential Regulation

The Minister for Revenue and Assistant Treasurer, Peter Dutton, released a today the discussion paper Streamli

Last Week for Labor to Outline Super Policy

Only one week remains for anyone in the Labor Party to tell Australians what their policy is on superannuation.

Encouraging Philanthropy Through Improved Tax Deductions

Minister for Families, Community Services and Indigenous Affairs, Mal Brough and the Minister for Revenue and Assistant Treasurer, Peter Dutton MP, today announced improvements to taxation deductib

Treatment of UK Limited Liability Partnerships Under Foreign Hybrid Rules

The Minister for Revenue and Assistant Treasurer, Peter Dutton, today announced that the Government will use its regulation making power to ensure that United Kingdom limited liability partnerships

Two Weeks Left For Beazley to Outline Labor's Super Policy

With the challenge of the ageing population, a solid superannuation and retirement policy is essential for maintaining Australia’s economic prosperity into the future.

Farmers to be Protected From Changes to the 'Effective Life' of Tractors and Harvesters

Farmers will be given a helping hand with a cap on the ‘effective life’ of tractors and harvesters for income tax purposes, Minister for Revenue and Assistant Treasurer, Peter Dutton, announced tod

Deductibility of Gifts to the Finding Sydney Foundation

Today, the Minister for Revenue and Assistant Treasurer, Peter Dutton, announced that the Government will introduce legislation to allow tax deductions for gifts of $2 or more to the Finding

Australian Families Benefit from Child Care Tax Rebate

“Australian families are benefiting on average by $813 from the Federal Government’s Child Care Tax Rebate”, Assistant Treasurer and Minister for Revenue, Peter Dutton MP, announced today.

Improvements to the Simplified Imputation System

The Minister for Revenue and Assistant Treasurer, Peter Dutton MP, today announced improvements to the simplified imputation system. 

Lindsay Tanner confirms what all Australians know - ALP got it wrong with 17% interest rates

“Lindsay Tanner admitted this morning that interest rates under Labor should never have reached 17 per cent but then, in typical Labor style, fobs off responsibility for this claiming that it wa

Investment In Instalment Warrants by Superannuation Funds

The Minister for Revenue and Assistant Treasurer, Peter Dutton MP, announced today that the Government will act to allow superannuation funds to continue to invest in instalment warrants, consis

Consolidation - Group Restructures

The Minister for Revenue and Assistant Treasurer, Peter Dutton MP, today announced a change to the consolidation regime to allow ongoing consolidated groups and multiple entry consolidated groups (

Extension of deductibility of gifts to Dunn & Lewis Youth Development Foundation Limited, the Rotary Leadership Victoria Australian Embassy for Timor-Leste Fund Limited and the St Georges Cathedral Restoration Fund

The Minister for Revenue and Assistant Treasurer, Peter Dutton MP, has announced the Government’s decision to amend the income tax law to allow deductions for gifts to the value of $2 or more to

Congratulations to ANZ

The Minister for Revenue and Assistant Treasurer, Peter Dutton, today congratulated the ANZ bank on its success in winning a special award in the Prime Minister’s 2006 Awards for Excellence in Comm

Amendments to the Capital Gains Tax Treatment of Testamentary Trusts

The Minister for Revenue and Assistant Treasurer, Peter Dutton MP, has announced that the Government will amend the income tax legislation that applies to certain trusts created under a will (te