Media releases

Shadow Treasurer Joe Hockey must explain why he has given the banks an escape clause this morning to not pass on yesterday's Reserve Bank interest rate cut of 25 points.

SHADOW TREASURER JOE HOCKEY YESTERDAY: "…unquestionably if the Government does run a surplus then it does give the Reserve Bank more room to move."

The Gillard Government is inviting interested parties and individuals to provide written submissions to the second phase of the review of the National Industrial Chemicals Notification and Assessme

I wish to announce that Mr Dale Boucher PSM has advised the Australian Government that he does not wish to seek appointment for another three to five year term when his current period as Chair o

Opposition revenue spokesperson Senator Mathias Cormann needs to put his money where his mouth is if his position on withholding tax is to have any credibility, said Assistant Treasurer David Br

Bills introduced into the Parliament today will implement a range of improvements to Australia's taxation laws, said Assistant Treasurer David Bradbury.

The Assistant Treasurer, David Bradbury, has commissioned the Board of Taxation to investigate the impacts of Australia adopting the Authorised OECD Approach in respect of the attribution of pro

Laws introduced into the Parliament today will ensure that multinational companies pay their fair share of tax, said Assistant Treasurer David Bradbury.

Coalition finance spokesperson Andrew Robb is more worried about playing politics than supporting a competitive taxation regime for managed investment trusts (MITs), said Assistant Treasurer Dav

The Gillard Government has tasked the Board of Taxation with undertaking a post‑implementation review of Division 7A of Part III of the Income Tax Assessment Act 1936.

Not-for-profit sector reforms will be staged to allow organisations to transition to the new regulatory framework, Assistant Treasurer David Bradbury announced today.

Opposition Leader Tony Abbott has shown why the Liberal Party under his leadership has lost all economic credibility with ridiculous claims that are completely divorced from the facts.

I am pleased to announce the appointment of the Hon Justice Lindsay Foster as a part-time Deputy President of the Australian Competition Tribunal for a five year period beginning on 8 June 2012.

The Assistant Treasurer, David Bradbury MP, today released exposure draft legislation to implement reforms to the tax concession for living–away–from–home allowances and benefits as announced in th

The Assistant Treasurer, the Hon David Bradbury MP, today announced an expert roundtable to assist with the implementation of the Gillard Government's clarifications of the definition of 'tax benef

Respected consumer advocate Delia Rickard has been formally appointed to the role of Deputy Chairperson of the Australian Competition and Consumer Commission (ACCC).

I have today decided not to declare the Caltex pipeline or the jet fuel storage and pipeline network (the Sydney Joint User Hydrant Installation (JUHI) Service) that service Sydney Airport, under

The 2012-13 Budget delivers major tax reforms to improve the fairness and efficiency of the tax system and provide relief to households and businesses not in the fast lane of the mining boom.

The Government will continue its fight against the use of secrecy jurisdictions by people to avoid paying tax, by providing $76.8 million in additional funding to the agencies involved in the Pro

The Gillard Government will provide the Australian Securities and Investments Commission (ASIC) with new funding of $180.2 million over four years to ensure the corporate watchdog can continue t