Media releases

2002

Corporations Amendment (Repayment of Directors' Bonuses) Bill 2002

Today I introduced the Corporations Amendment (Repayment of Directors' Bonuses) Bill 2002 into the House of Representatives.

Fringe Benefits Tax - Employee Entitlement Funds

I am announcing today that the Government will provide a fringe benefits tax (FBT) exemption for certain payments to prescribed employee entitlement funds from 1 April 2003.

ACCC Appointment Consultation

I have written to the States and Territories to seek their support for the nomination of Mr Graeme Samuel AO as Deputy Chairman and Mr Ed Willett as member of the Australian Competition and C

IMF Expects the Australian Economy to Continue to Outperform

The September 2002 IMF World Economic Outlook predicts that Australia's economy will continue to perform strongly, with Australia's economic growth forecast to remain one of the highest among the w

Commonwealth Finance Ministers Meeting, and the IMF and World Bank Annual Meetings

The Treasurer will represent Australia at a series of important meetings in London, Washington and New York beginning early next week.

IMF Welcomes Impressive Performance of Australian Economy

The IMF has released its annual assessment of the Australian economy today, which welcomes:

Government announces policy proposals on audit regulation and corporate disclosure

We release today a comprehensive set of policy proposals on audit regulation and the wider corporate disclosure framework.

Release of Productivity Commission Report on the Review of the National Access Regime

The Treasurer today announced the release of the Productivity Commission's final report on the Review of the National Access Regime and also announced the Government's interim response to the

Comprehensive Taxation Agreement Between Australia and Mexico

The Treasurer Peter Costello has today signed with the Mexican Finance Secretary, Francisco Gil Díaz, a comprehensive taxation agreement between Australia and Mexico for the avoidance of double tax

Australia-Mexico Partnership on Polymer Banknote Technology

The Australian Treasurer, The Hon. Peter Costello MP, and the Governor of the Bank of Mexico, Dr Ortiz, today launched the new 20 peso banknote in Mexico City.

Ninth APEC Finance Ministers' Meeting

The Ninth APEC Finance Ministers' Meeting in Los Cabos, Mexico on 5-6 September, provided an important opportunity for regional Finance Ministers to emphasise the importance of APEC's free tr

National Accounts: June Quarter 2002

Today's National Accounts show that the Australian economy continued to post solid gains in the June quarter of 2002, despite the weak global environment.

The 9th APEC Finance Ministers' Meeting in Mexico

The Treasurer will visit Mexico this week to attend the APEC Finance Ministers' Meeting in Los Cabos, to finalise the Australia-Mexico Double Taxation Agreement and launch the new Mexican 20

Government Response to Charities Definition Inquiry

Today I am releasing the Government's response to the Report of the Inquiry into the Definition of Charities and Related Organisations.

Government Decides Against the Tax Value Method

The Treasurer announced today that the Government has accepted a recommendation from the Board of Taxation not to proceed with the Tax Value Method (TVM) and the associated Section 4 'core ru

Reform of Credit Card Schemes

The Government welcomes the release today of proposals to reform credit card schemes in Australia.

Appointments to the Financial Sector Advisory Council

I am pleased to announce today the appointments of Mr Charles Curran AO, Director of QBE Insurance Group Limited and Mr Chris Mackay, Joint Chief Executive Officer (Australia and New Z

Review of International Taxation Arrangements - Consultation Paper

I am releasing today the consultation paper Review of International Taxation Arrangements prepared by the Department of the Treasury.

Productivity Commission Report on Prices Surveillance Act 1983

The Treasurer today released the Productivity Commission's inquiry report "Review of the Prices Surveillance Act 1983" and also announced the Government's response to the report.

Spot Mobile Coverage Good News for Travellers

The Treasurer, Mr Peter Costello, today announced Telstra as the successful tenderer for the $20.4 million Commonwealth Government initiative to provide improved spot mobile phone coverage on