Media releases

2010

Better school facilities a boost for Gladstone students

The Assistant Treasurer, Senator Nick Sherry, and the Federal Member for Flynn, Chris Trevor, today paid a visit to Gladstone State High School to unveil the building plans for the schoo

Gladstone industry roundtable a success

The Assistant Treasurer, Senator Nick Sherry, and the Federal Member for Flynn, Chris Trevor, welcomed local business people today at a forum to tackle the economic challenges facing the region

Industry leaders to attend roundtable with Minister on Gladstone's future

The Assistant Treasurer, Senator Nick Sherry, and the Federal Member for Flynn, Chris Trevor, will host a Gladstone Industry Roundtable tomorrow, to discuss future major projects in the

Government extends tax deductible donation support to all volunteer bushfire brigades

The Assistant Treasurer, Senator Nick Sherry, has today announced the Government will change the tax law to help volunteer bushfire brigades attract more donations.

Bill on GST administration of cross-border transport open for consultation

The Assistant Treasurer, Senator Nick Sherry, has today released draft legislation aimed at improving the operation of the GST law by streamlining its application to the domestic transport of im

Removing tax deductibility for political donations

The Rudd Government has welcomed the final passage of legislation in Parliament today giving broad effect to the Government's election commitment to abolish the tax deduction for donations to po

Laws pass that will boost Australia-NZ business and crackdown on harmful tax practices

The Assistant Treasurer, Senator Nick Sherry, today welcomed the passage through Parliament of the International Tax Agreements Amendment Bill (No.

Minister releases regular forward program for tax reform measures

The Assistant Treasurer, Nick Sherry, has today released the Rudd Government's updated regular forward work program outlining the consultation process for announced tax measures, with a proposed

Amended tax treaty with Malaysia to boost tax information flows

The Assistant Treasurer, Senator Nick Sherry, at a ceremony in Canberra today, has signed an amended tax treaty between Australia and Malaysia, enabling the greater exchange of information on po

Minister launches new website

The Assistant Treasurer and Labor Senator for Tasmania, Senator Nick Sherry, has launched a new website – www.nicksherry.com.au – to keep in closer touch

Productivity Commission inquiry into rural research and development

The Assistant Treasurer, Senator Nick Sherry, and the Minister for Agriculture, Fisheries and Forestry, Tony Burke, have today announced the terms of reference for a Productivity Commission inqui

Productivity Commission report into the contribution of the not-for-profit sector

The Rudd Government today welcomed the release of the Productivity Commission's final report on the Contribution of the Not-for-Profit Sector Report.

Legislation to clarify and improve GST administration

The Rudd Government has today introduced a Bill to further the reform of the administration of the goods and services tax (GST).

New bill to assist investors and simplify tax laws

The Assistant Treasurer, Senator Nick Sherry, has welcomed the introduction today of the first tax reform Bill of the Parliamentary year.

Major reforms finalised to tax treatment of Managed Investment Trusts

The Rudd Government has today introduced into Parliament the final, extended form of its 2009-10 Budget measure to allow a managed investment trust (MIT) to elect to have the capital gains tax re

Key amendment to the withholding tax definition of a Managed Investment Trust

The Assistant Treasurer, Senator Nick Sherry, has today announced an expansion of the definition of a managed investment trust (MIT) in relation to the withholding tax rules.

Draft legislation to boost the tax integrity of trusts

The Assistant Treasurer, Senator Nick Sherry, has today released for public consultation the Rudd Government's draft legislation aimed at ensuring individuals receiving income from trusts pay th

Tax treaty with Austria to be updated

The Assistant Treasurer, Nick Sherry, announced today that negotiations to update Australia's tax treaty with Austria will take place in March 2010.

Senator Joyce shows his true, reckless colours

The Coalition's senior economic spokesperson in the Senate, Senator Barnaby Joyce, has shown his true colours on foreign investment – voting for a bill he would prefer not to have been passed, th

New coin to mark centenary of Australian Tax Office

The Royal Australian Mint will produce a circulating commemorative 20 cent coin to mark the Centenary of the Australian Taxation Office in 2010, the Assistant Treasurer, Senator Nick Sherry, anno