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Media releases

2009

Red tape slashed on excise administration with transfer to Tax Office

The Rudd Government today announced that the Australian Taxation Office will take responsibility for the administration of all excise-equivalent goods, known as EEGs, from the Australian

Reminder to business: tax break boosts small business and economy

Assistant Treasurer, Senator Nick Sherry, and Small Business Minister, Dr Craig Emerson, today reminded businesses they need to act by 31 December 2009 to benefit from the small business tax bre

Productivity Commission review into bilateral and regional trade agreements

The Minister for Trade, Simon Crean, and the Assistant Treasurer, Senator Nick Sherry, today announced a Productivity Commission review into the impact of bilateral and regional trade agreements

Historic tax agent reforms to start on March 1

The Assistant Treasurer, Senator Nick Sherry, today announced the new tax agent services regime will commence on 1 March 2010.

Tax laws passed by Parliament protect $655m in revenue

The Assistant Treasurer, Senator Nick Sherry, today welcomed the passage of the Tax Laws Amendments (2009 Measures No. 5) Bill 2009 through the Senate.

Legislation introduced to give effect to New Zealand tax treaty and boost tax transparency agenda

The Rudd Government has today introduced into Parliament a Bill to give effect to three international taxation treaties that will further improve investment and trade flows between Australia and

Australian Government to consider new approaches to disability

The Productivity Commission will investigate the feasibility of new approaches for funding and delivering long-term disability care and support.

National Census 2011

The Prime Minister and the Assistant Treasurer, Senator Nick Sherry, today announced that the Australian Bureau of Statistics (ABS) has been approved to conduct the 16th national Census on 9

Project Wickenby web portal launched

The Assistant Treasurer, Senator Nick Sherry, today announced the launch of an information web portal for the community to access information on Project Wickenby, the Government's anti-tax crime t

Crackdown on phoenix activity

The Assistant Treasurer, Senator Nick Sherry, today issued an Australia-wide warning against fraudulent phoenix activity and released a package of tough new proposals to crackdown on businesses who

Minister, explorer commemorate 150th anniversary of Burke and Wills expedition

The Assistant Treasurer, Senator Nick Sherry and modern day explorer, Jesse Martin, have today launched the first coins for 2010 which commemorate the 150th anniversary of the Burke and Wills Ex

Launch of Philanthropy Australia's Private Ancillary Funds Trustee Handbook

As part of the Rudd Government's ongoing commitment to supporting a vibrant philanthropic sector in Australia, the Assistant Treasurer, Senator Nick Sherry, today launched Philanthropy Australia's

Streamlined tax laws to reduce complexity

The Assistant Treasurer, Senator Nick Sherry, today released rewrites of 149 pages of income tax law for public consultation in a further step towards a single Income Tax Assessment Act.

Legislation to facilitate transition to the new tax agent services regime passed by Parliament

The Assistant Treasurer, Senator Nick Sherry, today welcomed the passage through Parliament of the final Bill of the of the new tax agent services regime.

Pacific Island Economic Ministers endorse Cairns Compact, endorse Australia's voice at the G20 and back financial sector reform agenda

RAROTONGA, COOKS ISLANDS – Assistant Treasurer, Senator Nick Sherry has met with Economic Ministers from across the Pacific in wide ranging regional economic talks at the Pacific I

Action on the costs of remittances in the Pacific

RAROTONGA, COOKS ISLANDS – Pacific Economic Ministers have endorsed Australia's call for a reduction in the fees, costs and charges of remittances across the Pacific.

Tax Office Annual Report highlights effects of global recession on Government revenue

The Australian Taxation Office has reported a $20 billion fall in revenue collections for the 2008-09 financial year due to the global recession, the Assistant Treasurer, Senator Nick Sherry, has a

Australia and Cook Islands lead the way in ending Pacific tax secrecy

RAROTONGA, COOK ISLANDS – Assistant Treasurer, Senator Nick Sherry, and Cook Islands Deputy Prime Minister, Minister for Finance, and Minister for Foreign Affairs, Sir Terepai Maoate KBE, met

Foreign investment decision – Felix Resources

The Assistant Treasurer, Senator Nick Sherry, has today approved the application by Yanzhou Coal Mining Company Limited (Yanzhou) to acquire full ownership of Felix Resources Limited (Felix), condi

Assistant Treasurer launches new National Tax Practitioners Board

The Assistant Treasurer, Senator Nick Sherry, today launched the national Tax Practitioners Board, announcing its membership and holding an inaugural meeting with the full Board.