Media releases
2003
"Four Corners" Program on Tax Office
The Minister for Revenue and Assistant Treasurer, Senator Helen
Coonan said the matters raised by the “Four Corners” program last
night are being effectively dealt with by the Australian
Consolidation brings in a new era in company taxation
The taxation landscape for wholly owned corporate groups has now irrevocably
changed as a result of the operation of the new consolidation regime,
the Minister for Revenue
Safer medical indemnity system starts tomorrow
Australian doctors and their patients will have the benefit of greater
security in their insurance arrangements from tomorrow (July 1) following
changes to medical indemni
Boost for Trans-Tasman Investment
New tax arrangements to facilitate trans-Tasman investment have been
passed in the Australian Parliament to overcome the problem of double
taxation, the Minister for Reven
Democrats must come to the party on Super
Despite the Senate's rejection of the proposed reduction in the superannuation
surcharge, the Government remains committed to its revitalised approach
to superannuation, M
Pension and Annuity Regulations Deferred until October
The commencement date for regulations implementing several pension
and annuity changes will be deferred by three months to October 1
allow reasonable time for the finance
Taxation of Infrastructure Financing Bill Released for Comment
Draft legislation for much needed tax reform of infrastructure and
other asset financing has been released for technical comment, the
Minister for Revenue and Assistant Tr
Macklin: Labor's "Jenny on the Spot" When it Comes to Medical Indemnity
In the absence of a shadow Health Minister, the Deputy Opposition
Leader has lumbered into the medical indemnity debate at the last
minute, ignorant of the significant wo
Labor Should Remove the Yoke from Australian Workers' Nest-Eggs
The failure of the Labor Party to support the Federal Government's
superannuation surcharge legislation is a cynical stance by a party
that has no comparable package of po
Deductibility of Gifts to the Constitution Education Fund
The Minister for Revenue and Assistant Treasurer, Senator Helen Coonan,
announced that from today gifts to the Constitution Education Fund to the
value of $2 or more will be deductible f
Government Responds To Productivity Commission Report On Superannuation Legislation
The Federal Government's final response to the Productivity Commission's
review of the Superannuation Industry (Supervision) Act 1993 and other
superannuation legislation was rele
Departing Residents Accessing Superannuation
Temporary residents seeking the prompt return of superannuation deducted
from Australian wages and salaries are flocking to the new Australian Tax
Office website at the rate of more than
Eligibility Rules For Farm Management Deposits Scheme
The Federal Government will amend the Farm Management Deposits (FMD) scheme
to protect primary producers who have made deposits with ineligible financial
institutions offering products de
Senate Obstructs Bill to Encourage Overseas Workers
Short-sighted opposition by the Labor Party in the Senate has seen Australian
business deprived of the opportunity to benefit from overseas workers using
their skills to expand the econo
Reappointments To Superannuation Complaints Tribunal
The Chairperson of the Superannuation Complaints Tribunal, Mr Graham
McDonald, and Deputy Chairperson, Ms Nicole Cullen, have both been reappointed
for a term of two years, the Minis
Drug Dealer's Taxation Deductions
The Federal Government will consider changing the law to ensure tax deductions
that relate to income gained from illegal activities are disallowed, the Minister
for Revenue and Assistant
Great Barrier Reef Marine Park Charge - GST Concerns
Minister for Revenue and Assistant Treasurer Senator Helen Coonan said today
that the Government will seek to meet with representatives of the Marine Tourism
Industry in relation to thei
Medical Indemnity - Threshold for the Blue Sky Scheme
The Minister for Health and Ageing, Senator Kay Patterson, and
the Minister for Revenue and Assistant Treasurer, Senator Helen Coonan today
announced details of the threshold for the Blue Sky
Review of Compensation Arrangements for Super Funds
The Minister for Revenue and Assistant Treasurer, Senator Helen Coonan, today
announced a review of the operation of Part 23 of the Superannuation Industry
(Supervision) Act 1993 (SIS Act) wh
Deductibility of Gifts to Crime Stoppers Australia Limited
Gifts to Crime Stoppers Australia Limited to the value of $2 or more
will be deductible for income tax purposes, the Minister for Revenue and Assistant
Treasurer, Senator Helen Coonan, announ