Media releases

2012

New era for charities sector begins

For the first time Australian charities will have a dedicated regulator with the official launch of the Australian Charities and Not-for-profits Commission (ACNC), said Assistant Treasurer David

Specialist reference group on ways to address tax minimisation of multinational enterprises

Assistant Treasurer David Bradbury has today announced the members of the specialist reference group on multinational corporate taxation.

Government welcomes penalties for cartel conduct

The Government welcomes $23 million in penalties awarded in the Federal Court against two airlines for cartel conduct, said Assistant Treasurer David Bradbury.

Productivity Commission to benchmark Australia's major project development assessment processes

The Productivity Commission will be asked to look at ways of cutting red tape to allow major resources and infrastructure projects to get off the ground more quickly.

Susan Pascoe confirmed as new Australian Charities and Not-For-Profits Commissioner

Ms Susan Pascoe AM has been confirmed as the new Commissioner of the Australian Charities and Not-for-profits Commission (ACNC).

Consultation commences on fuel price boards

Motorists and industry stakeholders are being asked to comment on proposals for new national rules to stop misleading fuel price boards, said Assistant Treasurer David Bradbury.

Productivity Commission to undertake national study on regulator engagement with small business

The Productivity Commission will be tasked with delivering a report card on the impacts of Commonwealth and State regulators on small business costs, the Gillard Government announced today.

Government to improve productivity through regulatory reform package

The Government has today announced a package of reform measures to improve how regulations are developed.

Release of exposure draft amendments relating to restaurant and café menu surcharges

Assistant Treasurer David Bradbury today released exposure drafts of the Commonwealth's proposed amendments to the single pricing ("component pricing") requirements in the Australian Consumer La

Leaders to attend Business Advisory Forum

Business leaders will meet with the Prime Minister and First Ministers in Canberra on Thursday to discuss ways to seize the opportunities of the Asian Century by lifting productivity through regula

Independent Charities Commission commences operation

Australia's first independent charities regulator, the Australian Charities and Not-for-profits Commission (ACNC) commenced operation today, following royal assent of the ACNC legislation.

Interim response to Low Value Parcel Processing Taskforce report

p>The Gillard Government has today announced its interim response to the Low Value Parcel Processing Taskforce report. The Government would like to thank the members of the Taskforce, led by

Call for submissions on the use of Standard Business Reporting for financial reports

The Government has today released a paper discussing options for the increased use of Standard Business Reporting for the lodgement of financial reports with the Australian Securities and Investmen

Coalition Clangers 4: Deafening silence from economic policy lightweights

This week Tony Abbott, Joe Hockey and Andrew Robb have worked out how to avoid making any clangers on the economy – avoid the topic.

Government clarifies native title tax treatment

New laws to clarify the income tax treatment of native title benefits were introduced into parliament today. 

Surge in Standard Business Reporting take-up

More than 100,000 lodgements have been received through the new Standard Business Reporting (SBR) system since the beginning of July, about nine times the number of lodgements for the same perio

Appointment of Chair to the Board of Taxation

The Gillard Government is pleased to announce the appointment of Mrs Teresa Dyson as Chair of the Board of Taxation.

Coalition Clangers 3: Policy lightweights continue their economic comedy routine

CLANGER: The Liberals can't agree among themselves whether jobs will be created under a future Coalition Government.

Recommendation to appoint Mr Peter Harris as Chair of the Productivity Commission

The Government is pleased to announce it will recommend to the Governor-General the appointment of Mr Peter Harris as the new Chair of the Productivity Commission.

Progressing reforms to Australia's transfer pricing rules

Today the Government released for consultation an exposure draft of proposed amendments to reform Australia's transfer pricing rules.