The government has called an election and is now in caretaker

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Media releases

2012

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). 

Joe Hockey stands up for the banks once again

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.

Hockey two-faced on interest rates

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

Call for submissions on the Discussion Paper for the Review of the National Industrial Chemicals Notification and Assessment Scheme

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

Dale Boucher to conclude term as Chair of the Tax Practitioners Board

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

Cormann needs to come clean on withholding tax

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

Tax Laws Amendments introduced into Parliament

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

Board of Taxation to review permanent establishment attribution rules

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

Transfer pricing laws introduced into Parliament

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

Coalition hypocrisy on withholding tax

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

Board of Taxation to Conduct a Post-Implementation Review of Division 7A

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.

Staging the introduction of regulatory reform for the not-for-profit sector

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