The government has called an election and is now in caretaker
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Media releases
2003
Appointment of Chair of the Australian Accounting Standards Board
I am pleased to announce the appointment of Professor David Boymal as full-time Chairman of the Australian Accounting Standards Board (AASB).
Appointments to the Financial Sector Advisory Council
I am pleased to announce the appointments of Mr David Kent, Executive General
Manager, Axiss Australia and Mr Les Owen, Group Chief Executive, AXA Asia-Pacific
Holdings to the Financial S
IMF Says Australian Economy Continues to Perform Strongly
The IMF has predicted continued strong growth in the Australian economy as a result of sound fiscal and monetary policy and the Government's commitment to structural reform.
G-20 Ministerial Meeting, Morelia, Mexico
The Treasurer and the Reserve Bank Governor Ian Macfarlane will attend
the 2003 meeting of the G-20 Finance Minsters and Central Bank Governors
in Morelia, Mexico this weekend.
Consumer Price Index - September Quarter 2003
Today's Consumer Price Index (CPI) shows that inflation remains moderate,
with the All Groups CPI increasing by 0.6 per cent in the September quarter
2003 and by 2.6 per cent ov
Release of OECD's Revenue Statistics
The OECD Revenue Statistics released today show Australia as the sixth lowest taxed OECD nation in 2001, with a total tax burden of 30.1 per cent of GDP.
Victoria not Entitled to Pay First Home Owners Scheme Grants to Toddlers
Clear guidelines exist for the administration of the First Home Owners Scheme (FHOS) which was agreed to by all States and Territories when they signed the Intergovernmental Agreement on the Reform
Government Releases Exposure Draft Legislation on Audit Reform & Corporate Disclosure
Today I am releasing the Corporate Law Economic Reform Program (Audit Reform & Corporate Disclosure) Bill and accompanying commentary for public consultation.
Working Party to Examine Criminal Sanctions for Cartel Behaviour
The Treasurer today announced terms of reference for an officials’ working party to consider whether appropriate criminal offences for cartel behaviour can be introduced into Commonwealth law.
2002-03 Final Budget Outcome
The Australian Government general government sector recorded an underlying cash surplus of $7.5 billion in 2002-03.
Australia Emphasises Importance of Successful Trade Talks at IMF/World Bank Meetings
A central theme at the IMF/World Bank Ministerial meetings in Dubai,
UAE is the urgent need for the speedy resumption of the Doha trade round.
IMF Predicts Stronger Growth for the Australian Economy
The IMF in the September 2003 World Economic Outlook expects that Australia
will continue to be one of the fastest growing advanced economies in the world
next year.
Government's Response to the Recommendations of the HIH Royal Commission
On 16 April 2003, I released the report of the HIH Royal Commission into
the failure of the HIH Insurance Group.
Treasurer to visit Israel and the Palestinian Authorities En Route to IMF and World Bank Annual Meetings in Dubai
The Treasurer will attend the Annual Meetings of the Board of Governors
of the International Monetary Fund (IMF) and World Bank and associated
meetings that will be held in Duba
2004-05 Pre-Budget Submissions
I am inviting submissions from individuals, business and community groups on their views regarding priorities for the 2004-05 Budget.
Labour Force, August 2003
Today's labour force data recording the lowest unemployment rate in more
than 13 years once again demonstrates the extraordinary resilience of
the domestic economy, supported by
Health Services Advisory Committee
The Treasurer today announced the membership of the Health Services Advisory Committee. The Committee is to be chaired by The Hon.
Appointment of ACCC Deputy Chair
Ms Louise Sylvan has received the required support for appointment as
Deputy Chair of the ACCC following consultations with all States and
Territories.
National Accounts: June Quarter 2003
Australia's economy slowed but continued to grow in the June quarter,
despite being buffeted by a weak global environment, the worst Australia-wide
drought ever recorded, and a
Balance of Payments and International Investment Position – June Quarter 2003
Today's balance of payments data show that Australia posted a current
account deficit (CAD) of $12.7 billion or an estimated 6.7 per cent
of GDP in the June quarter 20