Media releases
2005
Component Pricing - Amendment to the Trade Practices Act 1974
The Treasurer announced today that the Australian Government would be making
an amendment to the Trade Practices Act 1974 (the Act) to respond to
the increased use of component pricing in a n
Taxes in Six States and Territories to be Abolished
Taxpayers in six States and Territories will pay less tax when taxes such
as stamp duty on mortgages, leases, and credit and rental arrangements are abolished
under the Intergovernmental Agr
Release of the Productivity Commission Report Into National Competition Policy
The Treasurer today announced the release of the Productivity Commission’s
final report from its inquiry into National Competition Policy (NCP) arrangements.
IMF Endorses Government's Reform Agenda
The IMF expects Australia’s strong economic performance to continue.
The Australian economy is forecast by the Fund to grow by 2.6 per cent in 2005
and by 3.3 per cent in 2006.
Productivity Commission Report on Economic Implications of an Ageing Australia
The Government is today releasing the research report of the Productivity
Commission inquiry into the economic implications of an ageing Australia.
Queensland's Corporation Law Proposal Turns Back the Clock
Premier Beattie’s proposal to return to a State-based system of corporate
law sits oddly with the outcome of the 5 November 2004 meeting of the Ministerial
Council for Corporations, where Sta
Productivity Commission to Examine Built Heritage Conservation
The Treasurer and the Minister for the Environment Heritage, Senator Ian Campbell, today announced that the Productivity Commission will undertake an inquiry into the conservation of Australia’s hi
2005-2006 Budget - Media Lock-up Arrangements
The Treasurer will deliver the 2005-2006 Budget at 7.30 pm AEST on Tuesday
10 May 2005.
Australia's Financial Sector Assessment Program
As part of a programme that has been undertaken in over 100 countries, the
International Monetary Fund (IMF) and World Bank will now conduct a Financial
Sector Assessment Program (FSAP) in re
FIRB: BHP Billiton Group/WMC
Exercising powers under the Foreign Acquisitions and Takeovers Act 1975 (the
Act), I have decided that the Australian Government has no objection to the
BHP Billiton Group’s (BHPB) proposed a
Superannuation Co-contribution Campaign
The Government is launching a campaign today to raise awareness of the availability
of a generous government scheme matching and boosting personal contributions
made to superannuation.
Meeting of The Ministerial Council for Commonwealth-State Financial Relations and The Australian Loan Council
Today's meeting of the Ministerial Council for Commonwealth-State Financial Relations noted the Statement of Estimated Payments to the States and Territories (which is reproduced at AttachmentA).
Australian Government Proposal to Eliminate Further Indirect Taxes
Over five years from 2005-06 anticipated GST revenue to the States and Territories under the Intergovernmental Agreement on the Reform of Commonwealth-State Financial Relations (the IGA), is
Queensland must cut State Taxes
Queensland has benefited more than any other state from the
introduction of GST.
Nomination of Dr Paul Wolfowitz for World Bank President
The Treasurer today welcomed the nomination of Dr Paul Wolfowitz for the position
of World Bank President. Dr Paul Wolfowitz is currently the US Deputy Secretary
for Defense.
Tax Cut for Small Businesses
The 25 per cent Entrepreneurs’ Tax Discount passed by the Parliament
yesterday is expected to deliver a benefit to 540,000 Australian small businesses.
OECD Corrects Its Report
The OECD has today placed the following correction to its report Taxing Wages
2004 on its website
www.oecd.org:
Reciprocal Trans-Tasman Accounting Bodies Appointments
The Australian Treasurer, Peter Costello and New Zealand Commerce Minister
Pete Hodgson today jointly announced cross-appointments between the Australian
Financial Reporting Council (FRC) and
Australian Disposable Incomes Best in The World - OECD
An international comparison of disposable incomes has shown a stunning improvement
since the election of the Coalition in 1996.
Productivity Commission Health Workforce Study
The Treasurer today announced that the Productivity Commission will undertake a research study into health workforce issues.