Media releases

In order to ensure that low income families and individuals are exempt from paying the Medicare levy, the Government will increase the Medicare levy low income thresholds.

The Minister for Revenue and Assistant Treasurer, Senator Helen Coonan, today released the Report of the Review of Financial System Levies.

The Minister for Revenue and Assistant Treasurer, Senator Helen Coonan, today announced a package of measures that will complete the taxation arrangements for the new venture capital regime t

Draft amending regulations which give effect to the Government’s superannuation co-contribution for low income earners measure have been released for public comment, Minister for Revenue and Assist

A business coalition today laid out its $5 billion a year wish-list for super without one mention of a quid-pro-quo on fees to help boost the super savings of Australian workers, Minister for Reven

Gifts of $2 or more made to the Victorian Crime Stoppers Program will be deductible for income tax purposes, Minister for Revenue and Assistant Treasurer, Senator Helen Coonan announced toda

Gifts of $2 or more made to the Albert Coates Memorial Trust will continue to be tax deductible until 30January2006, Minister for Revenue and Assistant Treasurer, Senator Helen Coonan, announced to

Gifts to the value of $2 or more made from 18 March 2004 to International Social Service Australia will be tax deductible, Minister for Revenue and Assistant Treasurer, Senator Helen Coonan, announ

A package of measures designed to substantially simplify the company loss recoupment rules was announced today by the Minister for Revenue and Assistant Treasurer, Senator Helen

Business, in particular small business, is urged to comment on a discussion paper released today dealing with the tax treatment of certain ‘at call’ loans, Minister for Revenue and Assistant

Employers will now have until 31 March 2005 to comply with the Fringe Benefits Tax (FBT) exemption for payments made into worker entitlement funds, Minister for Revenue and Assistant Treasure

International tax reform legislation to help make Australian companies bigger, more successful and better able to increase employment, both in Australia and overseas, was introduced into Par

The Government has passed legislation which will improve the safety of Australians’ superannuation savings, Minister for Revenue and Assistant Treasurer Senator Helen Coonan said today.

A more flexible and adaptable retirement income system moved a step closer today with the release of the proposed detail of the new market-linked income stream products that will be availabl

Donations of $2 or more made to the St Patrick’s Cathedral Parramatta Rebuilding Fund will continue to be tax deductible until 30 June 2004, the Minister for Revenue and Assistant Treasurer,

Labor has trotted out the same super policy for the fifth time, reinforcing the fact they are the party that’s light on detail but would be heavy on spending, Minister for Revenue and Assist

Up to one million more Australians will be eligible to receive a direct injection into their retirement savings following the extension of the Government’s superannuation co-contribution mea

Once again Labor’s Shadow Spokesman for Retirement Incomes, Senator Nick Sherry, has been forced to rehash his old super hobby horses in a sad attempt to be relevant in the superannuation deb

The Government will introduce legislation to change the income tax law to make sure that the current Interest Withholding Tax (IWT) exemptions for payments relating to offshore borrowings sta

State and Territory Ministers today applauded the significant reforms undertaken by all jurisdictions during the last two years to help ease the insurance crisis in Australia and noted the e