Media releases

2006

Release of Warburton-Hendy International Benchmarking Study

I am releasing the Report of the International Comparison of Australia’s Taxes by Messrs Warburton and Hendy today.

2006-2007 Budget Media Lock-Up Arrangements

The Treasurer will deliver the 2006-2007 Budget at 7.30 pm AEST on Tuesday 9 May 2006.

Government Response to the Report of the Taskforce on Reducing the Regulatory Burdens on Business

The Australian Government is announcing immediate actions to address a number of the recommendations of the Report of the Taskforce on Reducing the Regulatory Burdens on Business – Rethink

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

The Treasurer today released draft legislation containing proposals to repeal more than 4,100 pages from Australia's tax legislation.

Meeting of the Ministerial Council for Commonwealth-State Financial Relations and the Australian Loan Council

Abolition of State Taxes Taxpayers in seven States and Territories will pay less tax as a result of the Australian Government's tax reforms.

Appointment of Future Fund Guardians

The Government today announced the appointment of six members of the Future Fund Board of Guardians.

Productivity Commission to Review Price Regulation of Airports

The Treasurer, Peter Costello, and the Minister for Transport and Regional Services, Warren Truss, today announced that the Productivity Commission will be undertaking a public inquiry into current

Re-appointment of Mr Donald McGauchie AO to the Board of the Reserve Bank of Australia

I am pleased to announce the re-appointment of Mr Donald McGauchie AO to the Board of the Reserve Bank of Australia for a further term of five years, from 30 March 2006 to 29 March 2011.

Release of Taxing Wages by the OECD

The OECD publication Taxing Wages 2004-2005 released this evening shows that average net tax rates for Australian singles and families have decreased since 2000.

Productivity Commission to Review Containerised and Bulk Shipping Between the Australian Mainland and Tasmania

The Treasurer today announced that the Productivity Commission will undertake a public inquiry of the current arrangements for containerised and bulk shipping for Tasmania.

Productivity Commission to Review Public Support for Science and Innovation

The Treasurer Peter Costello, and the Minister for Education, Science and Training, Julie Bishop MP, today announced that the Productivity Commission will undertake a research study into the econom

National Accounts - December Quarter 2005

National Accounts data released this morning by the Australian Bureau of Statistics (ABS) show solid economic growth in the December quarter.

Internationally Benchmarking the Australian Tax System

It is important that Australia build its competitiveness in all areas of policy.

Productivity Commission to Review Economic Costs of Freight Infrastructure and Efficient Approaches to Transport Pricing

The Treasurer today announced that the Productivity Commission will undertake a public inquiry to review economic costs of freight infrastructure and efficient approaches to transport pricing.

Ministers Announce Key Achievements in the Trans-Tasman Single Economic Market Agenda

At their annual bilateral meeting today, Australian Treasurer Peter Costello and New Zealand Finance Minister Michael Cullen announced significant progress on single economic market issues.

Enhancing the Foreign Income Tax Arrangements for Temporary Residents

The Treasurer today announced improvements to the taxation arrangements for temporary residents which will give Australia one of the most competitive expatriate taxation regimes in the world.

Government Provides Extra Funds To Combat Tax Scams

The Treasurer today announced that the Government would provide an additional $305 million over the next 6 years to further resource a multi-agency operation directed at promoters of and participan

Productivity Commission to Examine Australia's Standards and Laboratory Accreditation Bodies

Treasurer Peter Costello , and the Minister for Industry, Tourism and Resources, Ian Macfarlane MP, today announced that the Productivity Commission will undertake a research study into the Austral

$40.5m in Australian Government Funds for Arcadia Duplication on Goulburn Valley Highway

The Australian Government announced today increased funding which will fully construct the duplication of the Arcadia section of the Goulburn Valley Highway.

Consumer Price Index - December Quarter 2005

Today's Consumer Price Index (CPI) shows that inflation in Australia remains moderate.