Media releases


Cabinet Appointment

I am honoured to have the opportunity to make a further contribution to the Howard Government following my appointment by the Prime Minister to Cabinet in the newly-created portfolio of Minister fo

Labor Super Plan Complex and Costly

Labor’s plan to phase out the contributions tax for people earning $40,000 - $100,000 a year will introduce massive complexity and extra costs for the superannuation industry, Assistant Treas

Labor Gives Australians Less Super Choice

Labor is proposing to give working Australians less choice in how they manage their superannuation, Assistant Treasurer Mal Brough said today.


Regulations to Implement Outcomes of Review of Pensions in Small Superannuation Funds

Retirees will have access to more flexible income stream choices and be able to better manage their financial needs under new superannuation rules to begin on 1 January, 2006.

TOFA Reform to Give Australia the Edge

The Howard Government today released draft legislation containing proposals for the tax-timing treatment of financial arrangements.

Discussion Paper on Regulation of Discretionary Mutual Funds and Direct Offshore Foreign Insurers

Assistant Treasurer Mal Brough today released a Treasury discussion paper on the regulation of discretionary mutual funds (DMFs) and direct offshore foreign insurers (DOFIs).

Labor Seven Months Behind on ATO Small Business Debt Report

Labor's Revenue Spokesman must have been asleep when the Inspector-General of Taxation released his report into the ATO's Small Business Debt Collection Practices, Federal Assistant Treasurer Mal B

Improvement to Tax Self Assessment System

Dealings with the Australian Tax Office will be easier and more certain for taxpayers under Howard Government changes to the self-assessment system which have now passed the Senate.

Changes to Further Improve Tax System

A range of measures to simplify and further improve the tax system have passed the Australian Parliament.

Child Care Tax Rebate to Benefit 640,000 Families

About 640,000 Australian families will benefit after the child care tax rebate passed the Senate last night.

Super Contribution Splitting Starts on January 1

Australians will for the first time have the option of splitting superannuation contributions with their spouse after the Howard Government initiative passed the Senate last night.

Loss Recoupment Rules

The Howard Government today proceeded in the Senate with the loss recoupment rule provisions.

Child Care Rebate Assured in Tax Changes

Assistant Treasurer Mal Brough today moved to ensure parents who work less than 15 hours a week will continue to have access to the child care tax rebate.

Further Enhancements to Tax Consolidation Regime

Assistant Treasurer Mal Brough today announced changes to further improve the tax treatment of consolidating companies.

MBA Shows the Way With Financial Literacy Pilot

Apprentice builders will for the first time be taught how to budget and save for retirement as part of their trade training, Assistant Treasurer Mal Brough announced today.

Changes to Improve the Availability and Affordability of Medical Indemnity Insurance

The Australian Government is to consider possible changes to further improve the availability and affordability of medical indemnity insurance for health care professionals.

Beazley Super Plan a Risk to Savings Security

Kim Beazley's move to steal the retirement savings of Australians to pay for his pet infrastructure projects represents a real risk to retirement funds, Federal Assistant Treasurer Mal Brough said

Refining the Meaning of Interdependency Relationship

The Minister for Revenue and Assistant Treasurer, Mal Brough, today announced that regulations have been made to further refine the meaning of interdependency relationship for the purposes of super

Improvements to Self Assessment System and Proposed Income Tax Regulations

The Government today introduced legislation which represents the major milestone in the implementation of the Government's Review of Aspects of Income Tax Self Assessment.

Child Care Tax Rebate - Improved Service Delivery

The Government announced today that it will provide additional funding to Centrelink to improve service delivery for the Child Care Tax Rebate.