Media releases

2020

Deductibility of Gifts to the Alcohol Education and Rehabilitation Foundation

Donations to the Alcohol Education and Rehabilitation Foundation Limited of $2 or more will be deductible for income tax purposes, the Minister for Revenue and Assistant Treasurer, Senator Hel

2019

Ministers to meet in Adelaide on Insurance Issues

The Minister for Revenue and Assistant Treasurer, Senator Helen Coonan, will convene the sixth Ministerial Meeting on Insurance Issues in Adelaide tomorrow (August 6).

Financial Assistance to WA Superannuation Fund

The Minister for Revenue and Assistant Treasurer, Senator the Hon Helen Coonan, announced today that the Government had paid a financial assistance grant of $812,020 to benefit members of th

Progress on Commonwealth's Medical Indemnity Guarantee

The Minister for Revenue and Assistant Treasurer, Senator the Hon Helen Coonan, today detailed further progress on finalising the Commonwealth's guarantee to the provisional liquidator of UMP

2004

Super Safety Net Expanded

The Government will expand access to financial assistance for people whose superannuation is lost as a result of fraud or theft, Minister for Revenue and Assistant Treasurer, Senator Helen C

Super Guarantee Reporting Made Simpler for Small Business

The Government today moved to help reduce the compliance burden on small business by making the reporting rules for Superannuation Guarantee (SG) payments simpler, the Minister for Revenue a

Helping Small Business to get on with the Job

The Government is assisting small business to help reduce compliance costs associated with a range of tax measures, Minister for Revenue and Assistant Treasurer, Senator Helen Coonan, said t

Fairer Treatment for Small Business Tax Debts

The Australian Taxation Office will implement a Small Business Debt Assistance initiative to help small business and individual taxpayers repay their current outstanding tax debts, Minister

July 1 Super Changes a Sure Bet for Australian Workers

From tomorrow a range of super reforms will make it easier and more attractive for Australians to contribute to their super savings so they can retire when they’re ready, Minister for Revenu

Funding Boosted for Regulators

Funding for the Australian Prudential Regulation Authority (APRA), and for related regulatory activity by the Australian Securities and Investments Commission (ASIC) and the Australian Taxat

A Week of Super Reforms a Boon for Australian Workers

In a week of major superannuation reforms the Government has secured the single largest incentive for Australians to contribute to their superannuation savings since superannuation guarantee

Donations to Playgroups to be Tax Deductible

In addition to the tax exempt status that playgroups already enjoy, from today Playgroup Australia and its affiliated state associations will also be granted deductible gift recipient status,

Major Reforms Change Liability Insurance Landscape

The Senate has passed three major reforms which will significantly change the insurance landscape in Australia, Minister for Revenue and Assistant Treasurer, Senator Helen Coonan said today.

Distant Voice from Tassie Gets it Wrong Again

The Government has taken prompt action to correct an unintended consequence of an amendment to the Superannuation Budget Measures Bill debated in the Senate last night and moved by Independe

Changes to DIY Integrity Rules

The Government today announced a package of measures that build on the superannuation integrity regulations announced in the 2004-05 Budget as they relate to DIY funds.

More Choice to Help Australians Retire When They're Ready

After eight long years, employees will finally be given the right to choose where they invest their superannuation savings, Minister for Revenue and Assistant Treasurer, Senator Helen Coonan

Employees to Control Their Superannuation

The Government has successfully negotiated an agreement with the Australian Democrats to give employees the right to choose their own superannuation fund, Minister for Revenue and Assistant T

Government Delivers Sweeping International Tax Reforms

The Government today achieved passage of a key tranche of international tax reforms designed to assist business and keep Australia competitive, the Minister for Revenue and Assistant Treasur

New Complying Market Linked Pension

The Minister for Revenue and Assistant Treasurer, Senator Helen Coonan, today released the proposed design features of the new market linked income stream which will be available from 20 Sep

Helping Australians to Spend Wisely and Save Well

It should be a natural instinct for all Australians to spend wisely, save well and plan for tomorrow, Minister for Revenue and Assistant Treasurer, Senator Helen Coonan, said today at the la