Media releases

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

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.