The government has called an election and is now in caretaker
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Media releases
2003
Deductibility Of Gifts To Rural Fire and Emergency Services Authorities
The Treasurer today announced that the Government will amend the Income Taxation Assessment Act 1997 to ensure that gifts of $2 or more donated to the Country Fire Authority and the Victoria State
Nomination of Australian Alternate Director to The Asian Development Bank
The Treasurer today announced the nomination of Mr Richard Moore,
a senior official with the Australian Agency for International Development (AusAID),
to the position of Alternate D
Appointments to the National Competition Council
The Governor-General this morning appointed Dr Wendy Craik as President, and
Mr David Crawford, Dr Douglas McTaggart, Ms Virginia Hickey and Mr Rodney Sims
as Councillors, of the National Co
Productivity Commission First Home Ownership Discussion Paper
The Productivity Commission draft report is an important contribution to the
discussion on first home ownership and highlights many important features of
the current housing cycle.
Australian Securities and Investments Commission Appointments
The outgoing Chairman, Mr David Knott, is taking leave prior to his resignation
at the end of the year.
Appointments to the Productivity Commission
The Treasurer, the Hon. Peter Costello, today announced the appointment to
the Productivity Commission of Robert Fitzgerald AM and Philip Weickhardt as
Commissioners.
Australian Competition Tribunal Appointments
I am pleased to announce the appointment of two additional Deputy Presidents
to the Australian Competition Tribunal.
National Competition Policy Payments To States and Territories For 2003-04
The Treasurer today announced that the Australian Government will make competition
payments to the States and Territories of more than $578 million in 2003-04.
States Better Off Under GST
GST revenue to the States and Territories for 2003-04 is estimated to be $32.457 billion dollars.
Taxation of Temporary Residents
The Government will not proceed with a previously announced measure to provide
a four-year exemption for first-time temporary residents for most foreign source
income, including capital gains
2003-04 Mid-Year Economic and Fiscal Outlook
The 2003-04 Mid-Year Economic and Fiscal Outlook (MYEFO) released today demonstrates
the continued resilience of the Australian economy and reflects the Government's
ongoing commitment to a s
CLERP (Audit Reform and Corporate Disclosure) Bill Introduced
The Treasurer, the Hon Peter Costello, today introduced the Corporate Law
Economic Reform Program (Audit Reform and Corporate Disclosure) Bill into
Parliament.
Regulations to Clarify the Tax Treatment of Certain Redeemable Preferences Shares
The Government will introduce a regulation under the Income Tax Assessment
Act 1997 to clarify the basis under which a redeemable preference share may
qualify as a debt interest for the purp
National Accounts: September Quarter 2003
Today’s National Accounts show that Australia’s economic growth
rebounded very strongly in the September quarter, growing by 1.2 per cent
in the quarter and by 2.6 per cent over the y
Mark Latham's Question Time Blunder
In Question Time yesterday, Mark Latham asked this question:-
OECD Expects The Australian Economy to Gather Momentum
The OECD’s latest Economic Outlook provides a positive assessment
of the Australian economy, with economic growth and employment forecast to improve
and inflation expected to remain low.
Review of Aspects of Income Tax Self-Assessment
Today I am announcing the Government’s decision to review aspects of the
income tax self-assessment system.
Treasury Portfolio - Allocation of Ministerial Functions
With the appointment of Mr Ross Cameron MP as Parliamentary Secretary to the Treasurer, I would like to announce his responsibilities within the Treasury portfolio.
Labor's Latham on Wealth Taxes
Mr Latham has proposed death duties as part of his Progressive Expenditure
Tax (PET).
Appointment of Ms Louise Sylvan as ACCC Deputy Chair
I am pleased to announce the appointment of Ms Louise Sylvan as the Deputy
Chair of the Australian Competition and Consumer Commission for a term
commencing on 6 November 2003 a