Media releases


Australia to join the Asian Infrastructure Investment Bank

The Government today announces that Australia will become a founding member of the Asian Infrastructure Investment Bank (AIIB).

New Ambassador for Mature Age Employment

Federal Treasurer Joe Hockey and Assistant Minister for Employment Luke Hartsuyker today announced the creation of the Ambassador for Mature Age Employment and the appointment of Susan Ryan AO to t

Introduction of further small business legislation

The Government will today introduce legislation for three more measures to support small business as part of the 2015 Budget’s $5.5 billion Jobs and Small Business package.

Government reaches agreement on fuel excise

The Government has today successfully reached agreement to re-introduce the indexation of fuel excise to inflation. This is a significant structural reform.

Government reaches agreement with Labor on taxation of biodiesel and fuel ethanol

The Government has today come to an agreement with Labor to implement the 2014-15 Budget measures to gradually increase the excise payable on domestically produced biodiesel and fuel ethanol.

Tax White Paper consultation process to be extended

The Abbott Government believes that the retirement savings earned and accumulated by Australians are owned by Australians, and should be respected by Governments. 

Beginning tax treaty negotiations with Germany

As part of the Government’s ongoing efforts to strengthen and deepen our relationship with Germany, we are formally starting negotiations on a new Double Taxation Agreement between our two countrie

$20,000 immediate deduction for assets passes

The hard working women and men of Australian small business were delivered surety to make the most of the Government’s Jobs and Small Business package today with key measures passing through the Pa

Full tax exemption for ADF personnel in the Middle East

The Australian Government can today announce that a full tax exemption will apply to military personnel serving on non-warlike Operations Manitou, Accordion, Okra (Zone B) and Augury in the Middle

Strengthened foreign investment rules already producing results

Just one month after the Government announced plans to strengthen foreign investment rules for residential real estate, the Foreign Investment Review Board (FIRB) already has 195 cases under invest

Australia signs up to combat tax evasion

Australia has today signed the Organisation for Economic Co-operation and Development’s (OECD) common reporting standard multilateral competent authority agreement to catch taxpayers using hidden o

National Accounts – March Quarter 2015

Today’s March quarter National Accounts confirm there is strong and broad based momentum in the Australian economy.

British CEO for Sydney-based Global Infrastructure Hub

Mr Christopher Heathcote has been appointed as the inaugural CEO of the Global Infrastructure Hub in Sydney, to help unlock $2 trillion in investment and create millions of new jobs.

Appointment of part-time members to the Takeovers Panel

I am pleased to announce the appointments of members of the Takeovers Panel.

Depreciation for farmers brought forward

Australian farmers can now claim a tax deduction on all capital expenditure on water facilities, fodder storage assets and fencing incurred since the 2015 Budget was handed down at 7:30pm on 12 May

Introduction of the Medical Research Future Fund Bill 2015

The Abbott Government is focused on ensuring Australia’s best and brightest medical researchers remain at the forefront of developing treatments and cures that will improve the lives of Australians

Statement - GST on sanitary products

I have asked Treasury to cost removing the GST from sanitary products.

Statement - Iron ore inquiry

Over recent days, there has been some speculation about whether a parliamentary inquiry into the iron ore sector was necessary.

Growing Jobs and Small Business Package to help small businesses invest more, grow more, and employ more

The 2015 Budget is part of the Government's plan to build a strong, safe and prosperous future for all Australians.

Voluntary Corporate Disclosure Code

The 2015 Budget is part of the Commonwealth Government’s plan to build a strong, safe and prosperous future for all Australians.