Media releases

2012

Significant step forward for trust reforms

Today the Government has released a policy options paper that further progresses the Gillard Government's modernisation of the taxation of trust income.

Charities to benefit from removal of ASIC annual fees

The establishment of the Australian Charities and Not-for-profits Commission (ACNC) will see many Australian charities benefit from a removal of annual review fees currently charged by the Australi

Implementation of a national foreign ownership register for agricultural land

The Gillard Government will implement a national foreign ownership register for agricultural land following detailed consultations with stakeholders.

Monthly company tax instalments for large companies

Today the Government is announcing a three year process to reform the timing of company tax payments by large companies, better aligning them with GST payments by large businesses.

Engagement on good consultation and good governance

The Australian Government this week kicked off discussions on a new Code for consultation with the Not-for Profit (NFP) sector.

Draft PC report urges electricity reforms

The Gillard Government welcomes the release today of the draft Productivity Commission report into the regulatory framework for electricity networks as constructive input into a complex debate.

Hockey keeps on talking economy down

Shadow Treasurer and good news hater Joe Hockey was belting out tunes from his favourite broken record again today with his relentless talking down of Australia's economy.

New Charities Commission to drive red tape reduction

The new Australian Charities and Not-for-profits Commission (ACNC) will see further red tape reductions for the not-for-profit sector, following changes to grant guidelines announced today by the G

Government delivering real reductions in red tape for charities

The Australian Government and the Government of South Australia today announced further tangible steps to reduce red tape for the not-for-profit (NFP) sector.

Australia ratifies multilateral tax cooperation agreement

Australia has ratified the Convention on Mutual Administrative Assistance in Tax Matters, said Assistant Treasurer David Bradbury.

Inspector-General's review into the Australian Taxation Office's use of benchmarking to target the cash economy

The Assistant Treasurer David Bradbury has today released the Inspector-General of Taxation's (Inspector-General's) Review into the ATO's use of benchmarking to target the cash economy.

Five interest rate facts Tony Abbott wants to forget

Opposition Leader Tony Abbott was today caught peddling more of his misleading statements on the economy and interest rates.

Win for consumer rights in door-to-door sales case

A Federal Court decision has confirmed the strong protections for consumers under the Australian Consumer Law (ACL) against unwanted door-to-door selling, said Assistant Treasurer David Bradbury.

New inquiry into exploration

Regulatory barriers faced by mineral and resource exploration companies will be the subject of a new Productivity Commission Inquiry.

Improving food sector relations

Minister for Agriculture, Fisheries and Forestry, Senator Joe Ludwig, and Assistant Treasurer, the Hon David Bradbury MP, yesterday convened a forum on Food Sector Relationships bringing together r

Delay to commencement of Australian Charities and Not-For-Profits Commission

The proposed 1 October 2012 date for the commencement of the Australian Charities and Not-for-profits Commission (ACNC) will be delayed following a Coalition filibuster in the Parliament.

Abbott telling tall tales on economic growth

Opposition Leader Tony Abbott has today demonstrated that he is either economically illiterate or just addicted to deceiving the Australian people with his latest outrageous claim that the Australi

Reforms to living-away-from-home allowances and benefits passed by the Parliament

The Government welcomes the passage today of the Tax Laws Amendment (2012 Measures No. 4) Bill 2012 through the Senate.

Labor moves to ban gag clauses in not-for-profit sector

Legislation will be introduced to ban gag clauses in Commonwealth contracts with the Not-For-Profit sector, ensuring ongoing positive engagement and open debate between the Federal Government and t

Australian Charities and Not-for-profits Commission passes House of Representatives

Legislation to establish the Australian Charities and Not-for-profits Commission (ACNC) passed the House of Representatives late last night.