Media releases

Australian Securities and Investments Commission (ASIC) has been provided additional funding of $17.5 million in 2003-04 and $10.7 million in 2004-05 to undertake investigations and prepare briefs

The Government will provide $4 million over four years to support the expanded role of the Financial Reporting Council (FRC) under the ninth instalment of the Government's Corporate Law

Following the events in the United States of 11 September 2001, insurance and reinsurance companies around the world, including Australia, progressively withdrew cover for terrorism risk.

The Australian Securities and Investments Commission (ASIC) will receive additional funding of $12.3 million over the next four years to assist in implementing the Government's toughening of laws d

Australia's corporate regulator, the Australian Securities and Investments Commission (ASIC), will receive additional funding of $12.3 million over the next four years for its corporate insolvency

Funding for the Australian Prudential Regulation Authority (APRA) is to be increased by $21.9 million over four years in measures announced in the 2003-04 Budget.

The Australian Competition and Consumer Commission (ACCC) will receive funding of $22.9 million over 4 years for its telecommunications competition regulatory functions.

To maintain Australia's status as an attractive place for business and investment, the tax system needs continually to adapt to the increasingly integrated global business environment.

An efficient and competitive energy sector is a key priority for the Government's strategic policy agenda.

The Treasurer and the Minister for the Environment and Heritage today announced that the Government will introduce additional measures to encourage the production of clean fuels.

Opportunities for increased trade and investment flows between the United States and Australia will be improved as a result of amendments to the Double Tax Treaty between the two countries.

From 1 July 2003, Australian taxpayers will share in personal income tax cuts worth $10.7 billion over the next four years.

I am pleased to announce the re-appointment of Ms Jillian Rosemary Broadbent to the Board of the Reserve Bank of Australia for a term of five years, beginning on 7 May 2003.

The OECD Ministerial Council Meeting in Paris provided the first opportunity for Ministers to discuss the global economic outlook in the immediate aftermath of the war in Iraq.

The OECD's latest Economic Outlook provides another positive assessment of the Australian economy.

Today's Consumer Price Index (CPI) shows that the All Groups CPI increased by 1.3 per cent in the March quarter 2003 to be 3.4 per cent higher over the year, largely reflecting the effects o

The Acting Treasurer today refuted media reports concerning the terms of Mr Peter Reith's nomination as an Executive Director at the European Bank for Reconstruction and Development in London

The Treasurer today announced the release of the Report on the competition provisions of the Trade Practices Act 1974 (the Act) and their administration, and the Commonwealth Government's res

The Government has decided to nominate Mr Peter Reith for appointment as an Executive Director at the EBRD in London for a term of three years from 1 August 2003.

Today the Government is announcing a measure relating to the taxation treatment of the capital protection feature included in a capital protected product.