Media releases

2013

ATO taskforce to target trust misuse

Today the Assistant Treasurer announced that the Government will provide the ATO with $67.9 million to target the use of complex tax structures by high wealth individuals to avoid tax.

The Board of Taxation's review of the consolidation regime

The Australian Government today released its response to the Board of Taxation's post-implementation reviews of the consolidation regime.

Revised tax treaty with Switzerland

The Australian Government announced today that it intends to sign a revised tax treaty between Australia and Switzerland.

Release of draft legislation to extend unfair contract term protections to general insurance contracts

Assistant Treasurer David Bradbury today released for public comment draft legislation which will amend the Insurance Contracts Act 1984 to give consumers protection against unfair contr

Your consumer rights this Mother's Day

With Mother's Day just around the corner, consumers are being reminded to shop safely and know their rights, said Assistant Treasurer David Bradbury.

Ten times Tony to rip away tax cuts

Tony Abbott has been strangely silent today on his commitment to slash the tax free threshold by more than $12,000 - from $18,200 to $6,000 - which will mean higher taxes for more than 7 million

Research and Development (R&D) tax incentive - targeting access

The Australian Government today released draft legislation to better target access to the R&D tax incentive.

Abbott's GST stealth review

Tony Abbott's proposed tax white paper process is just a stealth review of the GST. Mr Abbott said that a Coalition Government would undertake a tax white paper:

Cormann flags Coalition cuts

A senior member of Tony Abbott's economic team has flagged that the Coalition would cut to the bone if elected. Shadow Assistant Treasurer Senator Mathias Cormann said this morning:

Issues paper on multinational profit shifting

Comments are being sought on an issues paper on multinational profit shifting, said Assistant Treasurer David Bradbury.

Coalition Clangers 9: Abbott repeats his growth myth

Tony Abbott has again shown that he is either deliberately misleading Australians about the economy or he is, as Peter Costello famously said, an 'economic illiterate'.

Abbott's 'unambiguous' GST plan: take money away from Tasmania

Tony Abbott has today told Tasmanians that his GST policy is 'unambiguous' - leaving Tasmanians in no doubt that they will be left worse off under a Coalition Government.

Tony Abbott's GST lie exposed

Tony Abbott's GST lies have been exposed as another contradiction emerged today. Mr Abbott today said:

Tony Abbott must explain his vicious cuts to the people of South Australia

Tony Abbott must explain his vicious cuts that will directly target the hardworking people of South Australia.

Liberals must reveal true GST plans

Tony Abbott must today reveal his true plans for the GST after Liberal elder Nick Minchin called for the tax to be jacked up.

Coalition plan for charities: slash your funding and give up on smarter regulation

The Shadow Minister for Families, Housing and Human Services, Kevin Andrews MP, has confirmed drastic funding cuts and a stop to planned streamlined national regulation for Australian charities und

Liberal Premier pushes back on Abbott GST plans

The Premier and Treasurer of Victoria have pushed back on Tony Abbott's plan to take billions of dollars from the large eastern states.

Review of the Benchmarks for Industry-Based Customer Dispute Resolution Schemes

The Assistant Treasurer today released Terms of Reference for the Commonwealth Consumer Affairs Advisory Council's (CCAAC) Review of the Benchmarks for Industry-based Customer Dispute Resolut

Abbott and Barnett's $2 billion GST slug for NSW, Queensland and Victoria

New analysis confirms Tony Abbott and Colin Barnett's secret GST redistribution plan will cost the eastern states more than $2 billion in revenue in just two years.

Small businesses in Torquay getting a boost from the Gillard Government

Small businesses in the Torquay region are getting a boost from the Gillard Government through recent tax relief changes said Assistant Treasurer David Bradbury and the Member for Corangamite, Darr