Media releases

The Gillard Government will provide new business tax relief with a loss carry-back initiative to help businesses facing pressures in our patchwork economy and encourage them to invest and grow.

The Assistant Treasurer, David Bradbury, today released draft Regulations for public consultation specifying the GST treatment of certain Australian taxes, fees and charges.

Financial advisers will be granted an extension to their exemption from the taxation agent services regime until 30 June 2013, said Assistant Treasurer David Bradbury.

The Federal Government today congratulated the Australian Federal Police on the seizure of around $40 million in assets believed to be the proceeds of crime generated through an elaborate tax evasi

The Assistant Treasurer and Minister Assisting for Deregulation, David Bradbury, has today released the Inspector-General of Taxation's Review into the Australian Taxation Office's compliance approaches to small and medium enterprises with annual turnovers between $100 million and $250 million and high wealth individuals.

The Government has today released an exposure draft of proposed amendments that will implement changes to the income tax law affecting consolidated groups, said Assistant Treasurer, David Bradbu

Draft legislation released today will help to protect workers' superannuation entitlements, said Assistant Treasurer, David Bradbury.

The Prime Minister and First Ministers today committed to working together towards reducing the regulatory burden on the not-for-profit sector.

Environmental approvals and assessments will be fast-tracked and red tape cut for major development approvals, under reforms discussed at today's inaugural meeting of the Business Advisory Forum.

Leading business figures will head to Canberra tomorrow to attend the inaugural Business Advisory Forum.

Parents are being warned about the risk of injury to small children from swallowing button or coin-sized batteries, said Assistant Treasurer, David Bradbury.

Opposition Leader Tony Abbott today twisted and turned but finally admitted what everyone already knew – that the Coalition would impose a great big new tax on business to pay for its Rolls Royce p

After extensive consultation with the not-for-profit (NFP) sector, the Government has today announced that it will extend the start date for the 2011‑12 Budget measure to better target NFP tax c

Opposition Treasury spokesman Joe Hockey has today again tried to deny the existence of the Coalition's $70 billion budget crater.

Long time consumer policy advocate Delia Rickard has been nominated to become a Deputy Chairperson of the Australian Competition and Consumer Commission (ACCC), said Assistant Treasurer, David Br

The Government has today released an exposure draft of proposed amendments that will implement the first stage of reforms to transfer pricing, said Assistant Treasurer, David Bradbury.

Australian consumers are marking the 50th anniversary of World Consumer Rights Day today, said Assistant Treasurer, David Bradbury.

The Assistant Treasurer and Minister Assisting for Deregulation, David Bradbury, has today released the Inspector-General of Taxation's Review into the Australian Taxation Office's administratio

The Assistant Treasurer, David Bradbury, today declared the March 2012 New South Wales and Victorian floods a disaster for the purposes of establishing Australian disaster relief funds.

CEOs of the nation's biggest companies will join state and territory leaders on a new Business Advisory Forum being established to advise on deregulation.