Media releases

The Australian National Audit Office’s (ANAO) report into the HIH Claims Support Scheme has given the Government credit for its quick and sympathetic response to helping those affected by th

Labor has once again shown its complete lack of interest in doing anything to reduce the cost of insurance for Australian families and businesses, Minister for Revenue and Assistant Treasurer

The Government met with industry yesterday to address concerns arising from moves to improve the integrity of the superannuation system that particularly affect do-it-yourself super funds, Minister

The Government will expand the potential beneficiaries of tax-free superannuation death benefits to include ‘interdependent’ relationships, the Minister for Revenue and Assistant Treasurer, S

Small business will get a carve-out from the debt/equity tax rules for related party ‘at-call’ loans to help reduce compliance costs and red tape, Minister for Revenue and Assistant Treasurer, Sena

Labor has flagged it will oppose Government superannuation reforms that could deliver an 86 per cent improvement to a person’s super balance over their lifetime but last night re-announced a

This is a joint press release and can be found on Senator The Hon Rod Kemp's website.

The Government has decided that the supply of an interest in, or under, a barter trade exchange scheme (barter scheme) will not be treated as an input taxed financial supply for GST purposes,

The Government will extend the GST-free motor vehicle concession for veterans to include a new category of severely injured veterans under the Military Rehabilitation and Compensation Scheme

The Government will allow capital allowance tax deductions for indefeasible rights to use (IRUs) domestic telecommunications cables and telecommunications site access rights, the Minister for

The Government will provide eligible irrigation water providers with access to the water facilities and landcare tax concessions which are currently available to primary producers, the Minist

The Government will make changes to tax concessions relating to philanthropy to increase the flexibility available to charitable funds, ancillary funds and prescribed private funds in respect

The Government will make changes to the superannuation laws to target tax avoidance arrangements used primarily by small and non-arms length superannuation funds, the Minister for Revenue and

The Government will provide an income tax exemption for military compensation payments provided to Australian Defence Force members for the loss of tax exempt pay and allowances due to a serv

The Government will simplify the operation of the foreign employment income tax exemption, the Minister for Revenue and Assistant Treasurer, Senator Helen Coonan, announced today.

The Government will standardise the dependent child age criteria used to determine a taxpayer’s entitlement to the housekeeper, child-housekeeper, medical expenses and zone tax offsets, as well as

The Government has decided the first three groups of payments to be covered by the new foreign resident withholding arrangements, the Minister for Revenue and Assistant Treasurer, Senator Hel

The Government will extend the range of fringe benefits tax (FBT) exemptions and FBT reporting exclusions, the Minister for Revenue and Assistant Treasurer, Senator Helen Coonan, announced to

The Government will phase down the land transport facilities borrowings tax offset scheme, the Minister for Revenue and Assistant Treasurer, Senator Helen Coonan, announced today.

The Government will make improvements to the capital gains tax (CGT) regime which will benefit investors in shares and other securities and which will complement the new superannuation safety