Media releases
2003
Government Welcomes National Exchange Licence Conditions
The Parliamentary Secretary to the Treasurer, Senator Ian Campbell,
today welcomed the imposition of conditions on a dealer's licence held by Mr
David Tweed's National Exchange Corporation P
Senate Program for Budget Week Sitting
Eight bills are listed for debate in the Senate during next week's three-day
Budget sitting.
They are:
National Exchange "Bottom-Feeder" Warning
The Parliamentary Secretary to the Treasurer, Senator Ian Campbell, today urged
shareholders to be wary about a fresh batch of letters of offer from Melbourne
share dealer David Tweed's compa
Survey Findings Support Case for Superannuation Choice
The findings from the first national survey of adult financial literacy reinforced
the case for superannuation choice, the Parliamentary Secretary to the Treasurer,
Senator Ian Campbell, said
Australia Pushes for Further Trade Liberalisation to Reduce Poverty
At the IMF/World Bank Development Committee Meeting in Washington today, the
Parliamentary Secretary to the Treasurer, Senator Ian Campbell, emphasised the
importance of the immediate engagem
Role of IMF and World Bank in Reconstruction of Iraq Highlighted
At the IMF/World Bank meetings in Washington, DC, Finance Ministers emphasised
the contribution the Fund and World Bank can play in the reconstruction of Iraq
as well as the need for enhanced
Market Forces Needed to Improve Corporate Governance
Takeover reform was needed in Australia to stimulate takeover activity, the
Parliamentary Secretary to the Treasurer, Senator Ian Campbell, told a Securities
Institute of Australia lunch in A
Shareholders Want CFOs to Stand Up to Chief Executives
Shareholders expected Chief Financial Officers to be their first safeguards
against overly aggressive, high risk Chief Executives, the Parliamentary Secretary
to the Treasurer, Senator Ian C
Government Congratulates ASX Corporate Governance Council
The Federal Government today congratulated the Australian Stock Exchange's
Corporate Governance Council on the release of its benchmark set of corporate
governance guidelines.
Senate Passes Repayment Of Directors' Bonuses Bill
The Senate last night passed without amendment the Corporations' Amendment
(Repayment of Directors' Bonuses) Bill 2002.
CLERP 7 Passed by the Senate
Paperwork has been cut and business compliance costs lowered with the Senate's
passage yesterday of the Government's seventh chapter of its Corporate Law Economic
Reform Program.
Federal Government Continues push for Improvements in Harbour Towage Sector
The Federal Government has supported the Productivity Commission's recent finding
that there is scope for towage services in Australia's ports to be provided
more cost effectively.
Senate Extends Sitting Hours
The Senate today voted to extend its sitting hours tonight and tomorrow to
clear a backlog of business built up because of time taken to debate Australia's
involvement in the war in Iraq.
Government Backs Uniform Regulation of Mortgage Broking Industry
The Commonwealth today strongly backed the need for strong nationally uniform
regulation of mortgage brokers.
Government Hooks "Bottom-Feeder" Share Dealer
Notorious "bottom-feeder" share trader David Tweed has only two
weeks left before having to tell shareholders the market value of their shares
or face heavy fines or jail.
Government Urges Senate Cooperation
The Government today urged the opposition parties in the Senate to cooperate
to clear a backlog of work caused by last week's debate on Iraq.
New Members Appointed to the Australian Statistics Advisory Council
The Parliamentary Secretary to the Treasurer, Senator Ian Campbell, today announced
the appointment of two new members to the Australian Statistics Advisory Council
(ASAC).
Workplace Reform Bills Back to Senate Tomorrow For Second Time
Two more bills which are part of the Government's workplace reform package
go before the Senate for the second time tomorrow.
They are:
M-Commerce Comes Under Expert Group's Eye
The latest emerging trend in electronic purchasing - using mobile phones to
buy seats at entertainment venues, for example - will be one area of e-commerce
to be examined by the Federal Gove
More Days Banned From Direct Marketing Calls
Telemarketers are now banned by law from selling financial services products
on all national public holidays and Sundays.