Media releases

Insurance premiums for public liability and professional indemnity insurance have fallen by up to seventeen per cent according to a report released by the Government today.

The Government is seeking public comment on draft legislation to give effect to changes to the loss recoupment rules for companies that were announced on 7 April 2004.

The Government today introduced the Taxation Laws Amendment (2005 Measures No.1) Bill 2005, with key features giving effect to a number of the Coalition's pre-election commitments.

In response to some media commentary over the tax treatment of financial assistance to bushfire victims in South Australia, the facts are:

Around 450,000 low to middle income earners have been able to 'supersize' their superannuation accounts to date thanks to the Government's co-contribution scheme.

The share capital tainting rules will be amended to allow certain companies to transfer amounts into their share capital accounts without triggering the share capital tainting rules.

The release of the Treasury discussion paper on the provision of pensions by small superannuation funds was announced today by Minister for Revenue and Assistant Treasurer, Mal Brough.

Changes will be made to the tax law to ensure that Australian companies operating ships or aircraft in international traffic would not receive an income tax exemption for foreign branch amounts der

The Government intends to legislate to restore a tax exemption for certain Australians employed in Iraq.

The Government will ease the transition to superannuation choice for businesses and employees, and minimise the burden on employers in complying with their choice obligations.

The Government today announced the next phase of public consultations into superannuation choice of fund, inviting Australians to comment on the draft regulations that set out the obligation

The Minister for Health and Ageing, Tony Abbott, and the Minister for Revenue and Assistant Treasurer, Mal Brough, today announced they have asked Mr Graham Rogers to lead the independent review of

The Government today moved to provide greater certainty and flexibility for consolidated groups lodging their consolidated tax returns.

The Government today reaffirmed its commitment to provide certainty for the transport industry by introducing effective life caps for the depreciation of trucks, truck trailers, buses and lig

The Howard Government today delivered on a pre-election promise to guarantee GST concessions for residents of serviced apartments in retirement villages who require daily living or nursing as

The Minister for Health and Ageing, Tony Abbott, and the Minister for Revenue and Assistant Treasurer, Mal Brough, today announced the Government would commission an independent review of competiti

Employer, industry and consumer interests will be represented on a five-person independent advisory committee established to assist the Australian Taxation Office in the development of the Go

New figures released today show how the Government's superannuation co-contribution scheme is working for women.

Two hundred and fifteen thousand low and middle income earners are about to receive a healthy boost to their superannuation savings as a result of the Howard Government's co-contribution scheme.

The vision to build an East Timorese embassy in Australia is one step closer to reality today.