Media releases

Changes to regulations covering Goods and Services Tax (GST) will allow a broader range of business structures to access the benefits of forming a GST group and simplify compliance.

Changes to the taxation treatment of certain foreign hybrid business entities have been announced by the Minister for Revenue and Assistant Treasurer, Senator Helen Coonan, to rule out such u

The Minister for Revenue and Assistant Treasurer today announced that the Common-wealth will amend the Trade Practices Act to underpin a national approach to professional standards legislatio

Significant State, Territory and Commonwealth government reforms over the past year to stabilise the market for public liability insurance are now paying dividends, the Minister for Revenue

The Minister for Revenue and Assistant Treasurer, Senator Helen Coonan, will chair the fifth meeting of State and Territory Ministers in Perth tomorrow to discuss the solutions to issues rela

The Federal Government has announced taxation changes that will restore consistency between the income tax treatment and fringe benefits tax treatment of depreciation of cars to ensure emplo

The Government has today announced further details of the study of options to examine retirement (or run-off) cover for medical indemnity for doctors.

Australians will have a new advocate for taxpayers and an independent adviser to the Federal Government on tax administration issues with the passing of legislation to create an Inspector-Ge

Certain corporate unit trusts and public trading trusts are to be permitted to head consolidated groups under legislation announced today by the Minister for Revenue and Assistant Treasurer,

Amendments to the Medical Indemnity (Prudential Regulation and Product Standards) Bill 2002 announced today will remove the more prescriptive elements relating to run-off cover, and allow gr

The Federal Government, today announced a consultation process to consider reforms to the taxation treatment of certain rights and business expenditures, known as blackholes.

Minister for Revenue and Assistant Treasurer, Senator Helen Coonan, will deliver a keynote address at the National Press Club on Friday 21 March.

The Government will not be altering the superannuation co-contribution for low income earners and the superannuation surcharge reduction measure currently in the Senate.

The last stage of consolidation legislation today passed through Parliament finalising the Government's consolidation package.

Minister for Revenue and Assistant Treasurer Senator Helen Coonan, today announced that tax regulations would be used to clarify whether certain financial instruments are treated as debt or

Roll-over relief announced today by the Government will make the Simplified Tax System (STS) more attractive to small business partnerships, particularly rural and farming businesses.

Minister for Revenue and Assistant Treasurer, Senator Helen Coonan, today said that a Commonwealth review of taxes affecting the affordability of household insurance is likely to be of limit

The Minister for Revenue and Assistant Treasurer, Senator Helen Coonan, said today that the Government had demonstrated its concern about the impact of cost and availability of professional i

Changes to tax law announced today will allow an automatic capital gains tax (CGT) roll-over for eligible financial service providers moving to the Financial Services Reform (FSR) regime.

Landholders interested in managing and conserving their land will now be entitled to tax incentives when entering into voluntary conservation agreements with government agencies.