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Media releases

2011

Future of Financial Advice Reforms – Draft Legislation

More Australians will seek financial advice following the announcement of the

Proposed Changes To Market Supervision Fees

Stockbrokers, other market participants and market operators will help pay for the Australian Securities and Investments Commission (ASIC) to supervise Australia's equity markets, including thos

Further Details for the October Tax Forum

The Gillard Government is pleased to announce the invitation list, program and facilitators for the Tax Forum to be held in Canberra on 4 and 5 October.

Will the Coalition Now Support 12 Percent Superannuation?

The Shadow Treasurer has today confirmed in the House of Representatives debate on the Superannuation Legislation Amendment Bill 2011 that the Coalition supports superannuation.

Reforms to Payday Lending

People desperate for a small loan to replace a broken household appliance or tide them over until their next pay packet will have more protection from inappropriate lending practices, following

Making the Superannuation Contribution Caps Fairer

People who make excess concessional contributions to their superannuation may benefit from changes contained in a consultation paper released today by the Assistant Treasurer and Minister for Fi

Next Step in Investment Manager Regime Legislation for Consultation

The Gillard Government is promoting Australia's fund managers and financial expertise to overseas investors, today releasing draft legislation that will bring Australia's investment manager regi

Better Protections for Seniors Using Reverse Mortgages

Older Australians planning to take out a 'reverse mortgage' on their home will be better protected against negative equity and other pitfalls as part of the Government's sweeping consumer credit re

Government Welcomes Productivity Commission Draft Report on the Australian Retail Industry

The Government welcomes the release of the draft report from the Productivity Commission on the economic structure and performance of the Australian retail industry, and will carefully examine the

RACQ Pays 247 Previously Denied Claims

Insurer RACQ is to be commended for deciding to pay 247 flood-related insurance claims they had previously denied, Assistant Treasurer Bill Shorten said today.

Making it Easier to Contribute to Special Disability Trusts

People with severe disability and their carers are being asked to comment on draft legislation that will remove income tax barriers to make it easier for people to contribute to a Special Disabi

Film Tax Offset Changes

Companies involved in making films in Australia are invited to make a submission about new legislation that will determine how the Government's support for the industry will be improved.

New coin to mark 100 years of national Census taking in Australia

The first national census in 1911 helped find a link, decades later, between deaf and mute children and the Rubella virus.

Launching the 16th National Census - 100 years after the first national Census

According to the last Census, there are 105 people in Australia who speak a made-up language at home.

Supporting Small Business in Maribyrnong for clean energy future

Ferguson Plarre Bakehouses in Keilor Park is an outstanding example of the kind of innovative, environmentally-conscious company the Gillard Government wants to foster with the Clean Energy Futu

Changes to the Way Philanthropic Funds are Managed

A commonly used financial structure for philanthropic organisations – public ancillary funds – will be reformed to improve their governance and accountability, as part of the Gillard Government's o

Australia Signs Tax Information Exchange Agreements With Costa Rica and Macao

Costa Rica and the Special Administrative region of Macao, People's Republic of China, have become the latest jurisdictions to sign agreements with Australia to assist the Government in preventi

Improving Incentives For Saving

More than five million individual taxpayers with savings in banks, building societies and credit unions will only pay half the tax on the interest they receive, meaning more money in their pocke

Supporting Jobs in Tasmania

Manufacturing workers will be supported through the transition to a low carbon economy, Assistant Treasurer Bill Shorten said today after touring Rio Tinto Alcan Bell Bay with Minister for Small

Tony Abbott to Clawback Thousands From Seniors and Pensioners

Tony Abbott today admitted that running his scare campaign against the Clean Energy Future package is more important to him than supporting pensioners, agreeing on national television the Coaliti