Media releases

2012

Clarity for producer offset documentaries

Arts Minister Simon Crean and Assistant Treasurer David Bradbury today issued further advice about the Government's intention to update the legislation governing the Producer Offset to include a de

Parents warned on dangers of high-powered magnets

Parents are being warned about the dangers to children of small, high-powered magnets intended for adults as desk novelties, said Assistant Treasurer David Bradbury.

Reappointments of part-time members to the Board of Taxation

I am pleased to announce the reappointments of Mr Keith James as a part-time member and Deputy Chair of the Board of Taxation (Board) for a two-year period from 1 July 2012 up to and including 30

Tax Time 2012 approaching

Tax Time begins this Sunday 1 July 2012, said Assistant Treasurer David Bradbury.

Reforms to conservation tillage offset

The Government announced today that it will change the eligibility requirements for the conservation tillage offset following feedback from primary producers.

Continued consultation to protect the integrity of the Wine Equalisation Tax (WET) rebate

The Assistant Treasurer David Bradbury today announced continued consultation on a 2012-13 Budget measure to protect the integrity of the wine equalisation tax (WET) rebate.

Tax laws amendments pass the Parliament

Important amendments to Australia's tax laws have been passed by the Parliament, said Assistant Treasurer David Bradbury.

Tax changes to living-away-from-home allowances and benefits introduced into Parliament

A Bill introduced into the Parliament today will implement a range of improvements to Australia's tax laws, including those relating to living-away-from-home (LAFH) allowances and benefits, said

Commonwealth to work with states and territories on fuel price boards

The Commonwealth will work with the States and Territories to look at the development of regulations for fuel price boards, said Assistant Treasurer David Bradbury.

Withholding Tax Rate Bill wins Senate Support

The Gillard Government today secured Parliamentary support for changes to the withholding tax rate for managed investment trusts proposed in the Budget.

Coalition relying on flawed data to oppose withholding tax changes

The Coalition have been caught out relying on deeply flawed modelling in their opposition to the Government's proposed changes to managed investment trust withholding tax, said Assistant Treasure

Tax bills proceed through Parliament

Legislation containing important tax measures have been passed by the Parliament, said Assistant Treasurer David Bradbury.

Withholding Tax Changes Bill introduced into Parliament

The Government has today introduced the Tax Laws Amendment (Managed Investment Trusts Withholding Tax) Bill to give effect to the change to the withholding tax rate proposed in the 2012-13 Budge

Managed investment trust changes to be considered by Parliament

Changes proposed in the Budget to the taxation of managed investment trusts will be considered in a separate Bill to be introduced in the Parliament in coming days, said Assistant Treasurer Davi

Increased support for LPG and LNG to transition to carbon pricing mechanism

Assistant Treasurer David Bradbury today announced transitional arrangements for the liquefied petroleum gas (LPG) and liquefied natural gas (LNG) industries when the carbon price is applied to

Gillard Government to consult on foreign ownership register for agricultural land

The Gillard Government today announced a working group to consult on the development of a Commonwealth foreign ownership register for agricultural land.

Spreading the benefits of the boom to Wakefield

Thousands of families, seniors and businesses in Wakefield will benefit from tax relief and increases to assistance and payments, said Assistant Treasurer David Bradbury and Member for Wakefield

Regulation Reform Report Released

To coincide with today's PMs Economic Forum in Brisbane, the Minister for Finance and Deregulation, Senator Penny Wong, and Minister Assisting for Deregulation, David Bradbury MP, have published an

Government welcomes ACNC Taskforce Implementation Report

The Gillard Government welcomes the release today of the Australian Charities and Not-for-profits Commission (ACNC) Taskforce Implementation Report as an important step in the reform agenda.

Government to Nominate Ms Susan Pascoe AM as Inaugural Commissioner of the Australian Charities and Not-for-profits Commission

The Government will nominate Ms Susan Pascoe AM to become the Commissioner of the new Australian Charities and Not-for-profits Commission (ACNC).