Media releases

2002

Consumer Price Index - December Quarter 2001

The All Groups CPI increased by 0.9 per cent in the December quarter 2001, and 3.1 per cent through the year to the end of calendar 2001.

Nomination of Australian Director to the Asian Development Bank, Manila

The Acting Treasurer, Senator the Hon.

2001

Government Announces Auto Industry Review

The Treasurer, Peter Costello, and the Minister for Industry, Tourism and Resources, Ian Macfarlane, today announced an inquiry into the automotive industry to inform government decision-maki

Productivity Commission Report On Telecommunications Competition Regulation

The Government is today releasing the Report of the Productivity Commission inquiry into telecommunications competition regulation.

Government Response To The Withdrawal Of Terrorism Insurance

The Treasurer today announced that the Treasury will be undertaking a process of consultation to determine a response to the withdrawal of insurance cover for terrorist risk in non-statutory

Appointment of Mr Glenn Stevens as Deputy Governor of the Reserve Bank of Australia

I am pleased to announce that His Excellency the Governor-General of Australia has appointed Mr Glenn Stevens as Deputy Governor of the Reserve Bank of Australia for a term of seven year

IMF Points To Continued Solid Growth for Australia

The IMF has revised its global outlook in a special December issue of the World Economic Outlook, incorporating new information concerning the global slowdown underway prior to 11 Septem

Implementation of Election Commitments Regarding The Additional First Home Owners Grant for New Homes

The Prime Minister announced on 9 October 2001 that a re-elected Coalition Government would phase-down the additional $7,000 FHOS grant for new homes to $3,000 for contracts made between 1 J

Treasury Portfolio - Allocation of Ministerial Functions

With the recent appointment of Senator the Hon Helen Coonan as Minister for Revenue and Assistant Treasurer and Senator the Hon Ian Campbell as Parliamentary Secretary to the Treasurer, it has beco

Commonwealth National Competition Policy Payments to States and Territories for 2001-02

The States and Territories will receive approximately $733.3m in 2001-02 competition payments, following an independent assessment of their progress in implementing National Competition Polic

2002-03 Pre-Budget Submissions

I am inviting submissions from individuals, business and community groups on their views regarding priorities for the 2002-03 Budget.

National Accounts: September Quarter 2001

In the face of an ailing world economy with synchronised downturns in North America, Europe and Japan, the Australian economy has maintained a very strong growth momentum through 2001.

First Child Tax Refund

The balance between work and family forms a key pillar of the Coalition’s third term agenda.

G-20 Annual Meeting: New Delhi, India

The Treasurer and the Reserve Bank Governor Ian Macfarlane will represent Australia at the 2002 meeting of the G-20 Finance Minsters and Central Bank Governors in New Delhi this weekend.

Ottawa Action Plans to Fight Financing of Terrorism; World Economy Weakens

This weekend has seen the first meeting of Ministers and Central Bank Governors representing members of the Group of 20 (G20), IMF and World Bank since the tragic events of September 11.

Ethiopia Qualifies For Debt Relief

Treasurer Peter Costello and Minister for Foreign Affairs Alexander Downer are pleased to announce that the Australian Government is providing interim debt relief to Ethiopia.

Pakenham Bypass

The Federal Coalition will spend $100 million (to be matched by $100 million of State funding) for the construction of the Pakenham Bypass outside Melbourne as a Road of National Importance.

Labor's New Policy - Higher Petrol Prices for All

Kim Beazley's Plan for Fuel is a recipe for higher petrol prices throughout Australia.

Labor's Black Hole: Econtech is Right and Labor Wrong

Labor claims a $566 million saving against the Budget by not selling Telstra. That saving doesn't exist.

Mr Crean's Tax Scam

Mr Crean's press release today is a scam. All he has done is to volunteer to spend money in one year on the theory that he will get back four times the amount one year later.