Media releases

2004

Government Introduces Five Tax Bills

The Government today introduced five tax bills into the Parliament, with key features focusing on easing compliance costs for small businesses.

Report by Inspector-General of Taxation

The Government today released the report by the Inspector-General of Taxation into Remission of the General Interest Charge (GIC) for Groups of Taxpayers in Dispute with the Tax Office

Labor's Super Policies Hit Women in the Retirement Hip Pocket

Opposition Treasury spokesman Wayne Swan has been challenged to reject Labor's failed superannuation policies which would hit women in the retirement hip pocket.

Public Consultation on the Transition to Retirement Policy

The public consultation document on the Government's transition to retirement policy was released today by Minister for Revenue and Assistant Treasurer, Mal Brough.

Choice of Superannuation Fund Regulations - Release of Consultation Paper

A consultation paper to assist in the development of the choice of superannuation fund regulations was released today by Minister for Revenue and Assistant Treasurer, Mal Brough.

Draft Legislation on Long-Term Contracts Released for Consultation

The Government today released the details of draft legislation to deal with the GST treatment of long-term non-reviewable contracts, inviting interested parties to comment on the proposed me

Deductibility of Gifts to the Clontarf Foundation Incorporated

Australians will soon be able to make tax deductible gifts of $2 or more to support the health, employment, education and life skills of disadvantaged youths through The Clontarf Foundation

Deductibility of Gifts to the Finding Sydney Foundation

The search for answers to one of Australia's greatest wartime mysteries is set to receive greater public support following an announcement by Minister for Revenue, and Assistant Treasurer, M

ASFA Survey - Wake Up Call For Super Funds

The results of a recent Association of Superannuation Funds of Australia (ASFA) survey should serve as a wake up call to super fund providers, Assistant Treasurer Mal Brough said today.

Coalition's Co-Contributions Better For Battlers

Battlers get more bang for their superannuation buck from the Coalition's co-contribution policy, compared to Labor's unfunded proposals, Minister for Revenue and Assistant Trea

GST Concessions for Retirement Villages to be Protected

The Government will legislate some minor amendments to the New Tax System to remove public uncertainty in relation to the GST treatment of retirement villages.

New Measures to Support the Trucking Industry

The Government will introduce legislation to set an effective life cap for the depreciation of trucks, truck trailers, buses and light commercial vehicles.

Taxation of Financial Arrangements: Easing Compliance Costs

The Government has moved to give businesses more time to prepare for reforms to the taxation of financial arrangements (TOFA) and ease compliance costs, following a range of measures announce

States Can and Should Implement Super Choice Now

State Governments should immediately legislate for Superannuation Choice of Fund in State industrial relations systems following an overnight backflip from Labor, Federal Assistant Treasurer

Terms of Reference for Review into DIY Super

The terms of reference for a review into the provision of defined benefit pensions by DIY and other small superannuation funds were announced today by Minister for Revenue and A