Media releases

2006

Government Response to Productivity Commission Report Review of Part X of the Trade Practices Act 1974 (International Liner Cargo Shipping)

The Treasurer, Peter Costello, and the Minister for Transport and Regional Services, Warren Truss, today released the Australian Government response to the recommendations of the Productivity Commi

Alfred Deakin Institute to be Established at Deakin University

The Treasurer, Peter Costello and the Minister for Education, Science and Training, Julie Bishop, announced today, on the 150th anniversary of the birth of the nation’s second Prime Minister Alfred

Appointment of Mr Glenn Stevens as Governor Of The Reserve Bank of Australia

I am pleased to announce the appointment of Mr Glenn Stevens as Governor of the Reserve Bank of Australia for a term of seven years, with effect from 18 September 2006.

OECD Survey of the Australian Economy

The 2006 Economic Survey of Australia released by the OECD today provides a strong endorsement of the Government's economic management and Australia's economic performance.

Leadership

John Howard informed me last night that he intends to fight the next election. I am glad that the issue has now been settled. It allows us all to plan accordingly.

Australian Government Commits to Upgrading the Springvale Road and Whitehorse Road Intersection

Today I announce the Australian Government has offered $25 million to upgrade the intersection of Whitehorse and Springvale Roads, Nunawading — one of Melbourne’s worst congested hotspots.

Reappointment of Professor Warwick Mckibbin to the Board of the Reserve Bank of Australia

I am pleased to announce the reappointment of Professor Warwick McKibbin to the Board of the Reserve Bank of Australia for a further term of five years, from 31July2006 to 30July2011.

Consumer Price Index June Quarter 2006

Today’s All Groups Consumer Price Index (CPI) increased 1.6 per cent in the June quarter 2006 to be 4.0 per cent higher through the year.

2006 Census Campaign Launched

The 2006 Census will take place on 8 August, with Census forms to be delivered from this week.

Project Wickenby Arrests

Three people have been arrested today by the Australian Crime Commission and charged with tax evasion offences.

Productivity Commission Research Paper on the Financial Performance of Government Trading Enterprises

The Treasurer today welcomed the release of the Productivity Commission's research paper into the financial performance of Government Trading Enterprises (GTEs) from 2000-01 to 2004-05.

Pacific Islands Forum Economic Ministers Meeting (FEMM) 2006

The Treasurer will attend the 10th annual Pacific Islands Forum Economic Ministers’ Meeting, to be held in Honiara, Solomon Islands, on 3-5 July 2006.

All Australian Taxpayers to Pay Less Tax from Today

Every Australian taxpayer is today better off under income tax cuts and family allowance improvements that take effect today.

Appointments to the Board of the Australian Reinsurance Pool Corporation

I am pleased to announce the reappointment of Mr Joseph Gersh, AM, Mr Andrew Lumsden and Mrs Marian Micalizzi to the Australian Reinsurance Pool Corporation (ARPC) for a further three years.

Australians Set For More Tax Cuts and Benefits From 1 July 2006

All Australian taxpayers will be better off from this Saturday 1 July as the new raft of tax cuts, announced in this year’s Federal Budget, come into effect.

Port Kembla Federal Assistance Package

BlueScope Steel announced this morning that it will be closing its Port Kembla tin mill and that it will be ceasing production of tin-plate in Australia as a result of increasingly low margins, hig

Tax Legislation to be Cut by More Than 4,100 Pages

The Treasurer today introduced the Tax Laws Amendment (Repeal of Inoperative Provisions) Bill2006, which will repeal more than 4,100 pages from Australia’s tax legislation.

Appointment of Member of the Australian Prudential Regulation Authority

The Treasurer today announced that the Governor General has appointed Mr John Trowbridge as a member of the Australian Prudential Regulation Authority (APRA) for a three-year term commencing 1July2

New Australia-France Taxation Treaty Signed

Australia and the Republic of France have signed a new tax treaty to replace the existing treaty which was signed in 1976.

New Independent Schools Report

The Treasurer today launched a new report on Australia’s independent school sector.