Media releases
2005
Time for Labor to Come Clean on Tax Changes
It's time Mr Beazley came clean on the changes the Labor Party has in
mind for the taxation system.
Empty rhetoric is no substitute for genuine tax reform.
Tax Treatment of certain debt/equity hybrid instruments
The Government will make new income tax regulations to clarify the tax
treatment of certain term subordinated notes under the debt/equity rules.
Super Savings Continue Strong Growth
An extra $17.3 billion poured into Australia's superannuation savings
in the June quarter, taking the nation's total superannuation savings
to $741.7 billion.
A Super Idea for Families
The retirement balances of women, low income earners and non-working spouses will be in much better shape with the introduction of the Government's superannuation splitting measures.
Hands Out of Queenslanders' Pockets, Mr Beattie
Peter Beattie wants to raid the pockets of Queensland residents to pay for the health system that his government has ruined.
Inspector General Reports Released
The Government today released two reports by the Inspector-General of Taxation.
Review into the Tax Office audit timeframes:
Outcomes of the Review of Pensions in Small Superannuation Funds
The Government today announced its response to the review of the provision
of pensions by small funds.
United Approach to Improving Our Financial Skills
Australia's business, community, government and education leaders joined
forces in Canberra today to develop strategies for improving the financial skills
of all Australians.
Financial Literacy Forum to be Held in Canberra
The Government is stepping up its campaign to improve the financial skills
of all Australians.
New Measures to Improve Tax and Superannuation
The Government today introduced legislation to implement a range of changes
and improvements to Australia's taxation and superannuation system. This
Bill will:
Tax Exempt Asset Financing Reforms
The Government today announced changes to improve the tax treatment of financing
arrangements between public private partnerships.
Super Boon for Women, Baby Boomers and Low Income Earners
Women, baby boomers, and low income households have been the big winners of the Government's retirement savings booster – the superannuation co-contribution scheme.
Fringe Benefits Tax Reporting Exclusion
Employers who provide personal security services to employees who have received
threats due to their line of work will not have to report these fringe benefits
on the employee's payment summa
Donations to Salvation Army Hurricane Katrina Appeal to be Tax Deductible
Donations to the hurricane relief effort in the United States through the Salvation
Army will now be tax deductible.
Wayne Swan's Wealth Tax?
Comments by Shadow Treasury spokesman Wayne Swan on Brisbane radio today suggest
Labor is sympathetic to imposing a tax on assets rather than a tax on income,
Federal Assistant Treasurer Mal
Reforms Target Bankruptcy-Super Contributions
The Australian Government has taken another step forward with its bankruptcy
law reform agenda today with the release of a consultation paper on the recovery
of superannuation contributions m
$309 Million Win for Low to Middle Income Earners
The Government has paid out $309 million to the superannuation accounts of
low to middle income earners so far under the generous superannuation co-contribution
scheme.
Securitisation Vehicles and Foreign Currency Rules
Securitisation vehicles will be exempted from the new foreign currency rules
in the income tax law.
Donations to Red Cross Hurricane Katrina Appeal to be Tax Deductible
Australians will be able to make tax deductible donations to the hurricane relief effort in the United States through the Australian Red Cross.
NSW Government Drives up Insurance Costs
The New South Wales Labor Government today delivered a slap in the face to
insurance reforms aimed at making policies more affordable for individuals and
businesses.