The government has called an election and is now in caretaker
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Media releases
1999
Calculation of Market Value for Employee Share Schemes
The Treasurer today announced an amendment to the income tax law dealing with the
calculation of the market value of shares, or unlisted rights to acquire shares, acquired
under certain emp
National Accounts: June Quarter 1999
Following a sustained period of very strong growth to the March quarter 1999, GDP
growth in the June quarter moderated to 0.2 per cent.
GST Start-up Assistance for Farmers
The Government has committed $15.25 million from its $500 million start-up assistance
fund to help farmers make a successful transition to the GST.
Assistance to Small and Medium Sized Businesses: Immediate Tax Deductibility for GST Related Expenditure
The Government will legislate to allow immediate tax deductibility for small and medium
sized businesses for expenditure on acquiring new plant or new software for the purposes
of implement
The GST and Financial Services - Release of Consultative Document
The report is available from http://www.treasury.gov.au.
Appointments to the Financial Sector Advisory Council
I am pleased to announce two new appointments to the Financial Sector Advisory Council
(FSAC) Mr David Murray, Managing Director and Chief Executive Officer of the
Commonwealth Bank of Au
GST Start-up Assistance: Program, Office and Advisory Panels
The Government has established a GST Start-Up Assistance Office.
Consumer Price Index - June Quarter 1999
The June quarter 1999 CPI confirms that inflation in Australia remains well in check,
in an environment of strong economic growth.
Over $620m in National Competition Policy Payments Announced
The Treasurer today announced the States and Territories will receive more than $600
million for implementing the second tranche of National Competition Policy reform
commitments.
Treasurer to Visit PNG
The Treasurer will travel to PNG tomorrow to meet with the new Prime Minister, Sir
Mekere Morauta.
The New Tax System Advisory Board
I am announcing today the creation of a new Advisory Board to assist the Government
with the implementation of The New Tax System.
Productivity Commission Draft Report on Australia’s Gambling Industries
The Productivity Commission today released its draft report on Australias
gambling industries.
Appointments to the Securities Advisory Committee
The Treasurer, the Hon Peter Costello, MP, today announced the appointment or
re-appointment of nine members of the Companies and Securities Advisory Committee (CASAC).
GST Legislation: Royal Assent
The GST legislation passed by Parliament last week has today received
Royal Assent.
Nomination of Australian Executive Director to the World Bank, Washington
The Treasurer, the Hon Peter Costello, MP, today announced the nomination of Mr Neil
Hyden, Chief Adviser (International), Department of the Treasury, to the position of
Executive Director
New Deputy Chairman of the Australian Securities and Investments Commission
I am pleased to announce that Mr David Knott was today appointed by the
Governor-General in Council as the new Deputy Chairman of the Australian Securities and
Investments Commission.
Australian Competition and Consumer Commission Appointment
The Treasurer, Mr Peter Costello, today announced the appointment of Dr David Cousins
to the Australian Competition and Consumer Commission as a full-time member for a three
year term comme
Historic Senate Vote on Tax
I welcome the Senate vote today in support of the A New Tax System (Goods and
Services Tax) Bill 1998.
Australia to Join Financial Stability Forum
Australia has been invited to join the Financial Stability Forum.
Review of Business Taxation
The Government has agreed to a request by Mr John Ralph AO that the reporting date for
the Review of Business Taxation be extended to 30 July 1999.