The government has called an election and is now in caretaker
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Media releases
1998
Report of the Task Force on International Financial Reform
The Prime Ministers Task Force on International Financial
Reform (comprising private and public sector members chaired by the Treasurer) has
completed its report and presented it to the Pr
Mid-Year Economic and Fiscal Outlook
The 1998-99 Mid-Year Economic and Fiscal Outlook (MYEFO), which I release today, demonstrates the impressive performance of the Australian economy in the face of extremely difficult international e
OECD Survey of the Australian Economy
The 1998 Survey of Australia was released by the OECD today.
ASIC Deputy Chairman to Step Down Next Year
Mr Peter Day, Deputy Chairman of the Australian Securities and Investments
Commission (ASIC) has advised me that he will be stepping down from his position early in
the New Year.
Tax Treatment on Disposal of Mining Property
I am announcing today a legislative response to a recent Full Federal Court
decision in Esso Australia Resources Ltd v FCT to ensure that the tax treatment on
disposal of mining property co
Activation of the New Arrangements to Borrow
The IMFs New Arrangements to Borrow (NAB) are being activated today to provide loans to the IMF to support its financial assistance to Brazil.
Australian Participation in Activation of the New Arrangement to Borrow
Australia will provide loans of up to $A500 million to the IMF in support of its program for Brazil.
National Accounts: September Quarter 1998
Todays National Accounts demonstrate the remarkable resilience of the Australian economy to the weaker world economy.
Crean Wrong Again
Mr Crean's press release of 26 November 1998 is substantially the same as his release of 6 November 1998 (which was unreported). My release of 6 November 1998 answered it.
GST and Financial Services: Labor means Higher Taxes and Charges
Under the Governments proposed new tax system financial services are input taxed. This means that there is no tax on outputs but the supplier cannot claim input tax credits.
OECD Economic Outlook 64 Projections
The OECD projects Australias economic growth over the next two years
to exceed that of the United States and the European Union and to be well above
the OECD average.
IMF Article IV Consultation with Australia - Release of the Public Information Notice
Australia’s economic management and the Government’s plans for tax reform have received strong international endorsement.
Tax Consultative Committee Recommendations
The Treasurer today received the Recommendations of the Tax Consultative Committee.
Crean's False Start
The Shadow Treasurer, Mr Crean, desperate to create a profile, has made a number of ignorant and false statements on tax reform in press releases today.
Household Expenditure Survey
In a desperate attempt to create profile Mr Crean today complains the Government will release Household Expenditure analysis of the new tax system.
Labor on Hypocrisy
In a desperate attempt to create profile Mr Crean today accuses the Government of 'hypocrisy' for pointing out he wants to call an inquiry into something he is pledged to oppose.
Australia Welcomes G7 Statements on Reforming the International Financial System
The Australian Government welcomes the statements overnight by the
G7 Leaders and Finance Ministers and Central Bank Governors on steps
for addressing the financial crisis
Audit Report on Taxation Reform Communications
The Government welcomes the release today by the Australian National Audit
Office (ANAO) of its performance audit; Taxation Reform Community
Education and Information Programme, to the Pr
Tax Consultative Committee
The Government's taxation reform package Tax Reform: not a new tax, a new tax system foreshadowed a targeted consultation process to assist in determining the final GST design issues on various tec
Consumer Price Index - September Quarter 1998
The September quarter CPI outcome is another positive for the Australian economy and continues the impressive inflation performance of the last two years the Acting Treasurer Senator the Hon Rod Ke