Media releases

The Government has tonight announced a significant improvement in Australia’s depreciation arrangements which will enhance the ability of Australian business to stay up to date with new technology.

The Government has tonight announced a package of measures aimed at increasing activity in the venture capital sector.

Tonight I announce that the Government will amend the small business CGT concessions to reduce compliance costs for small business as well as increase the availability of the c

As part of the 2006-07 Budget, I am announcing a number of measures designed to improve the tax system by streamlining definitions, providing greater flexibility and reducing complexity and complia

The Government will provide the Australian Taxation Office (ATO) with an additional $82million over four years in resources to maintain tax compliance by high wealth individuals and their associate

The Treasurer today announced as part of the 2006-07 Budget additional funding for the Australian Competition and Consumer Commission (ACCC) and the Office of the Commonwealth Director of Public Pr

The Australian Securities and Investments Commission (ASIC) will receive a significant funding boost of $234.6million over four years in the 2006-07 Budget.

The Government will provide additional support to small and medium sized wine producers through the wine equalisation tax(WET) producer rebate scheme.

The Australian Government will protect the integrity of the taxation system by ensuring that pre-1July1988 Funding Credits (‘funding credits’) can be used only in accordance with the original polic

The Government will provide $37million over 4 years to the Australian Taxation Office for administration of the new fuel tax credits arrangements announced in the Energy White Paper on 15June 2004.

The Treasurer today announced as part of the 2006-07 Budget, funding of $74.8million over the next four years for the AER to enable it to continue its existing functions, and also assume additional

The historic site where renowned Antarctic explorer Sir Douglas Mawson set up camp in 1912 will receive a funding boost of $320,000 for important conservation work.

The Government has today transferred $18 billion to the Future Fund.

The Australian Government has decided to nominate the Hon Peter Reith to continue as an Australian representative to the European Bank for Reconstruction and Development (EBRD) from

I am pleased to announce the appointment of Mr Gary Potts and Dr Steven Kates as Commissioners to the Productivity Commission, and the reappointment of Professor Judith Sloan and Mr Michael Woods a

The All Groups CPI increased by 0.9 per cent in the March quarter 2006 to be 3.0 per cent higher through the year.

The Government announces today a $15 million grant in 2005-06 to help establish the National Sports Museum at the MCG.

The Government is today announcing a grant of $9.6m to upgrade the surrounds and stadium which is home to the Cronulla Sharks in the Sutherland Shire.

In its latest World Economic Outlook, the International Monetary Fund expects the Australian economy will continue to perform strongly, growing by 2.9 per cent in 2006 and 3.2 per cent in

The Australian Government has announced a total of $850,000 in infrastructure grants to upgrade 17 community-based alcohol and drug treatment facilities across the nation.