Media releases
2001
2001-2002 Budget - Media Lockup Arrangements
The Treasurer will deliver the 2001-2002 Budget at 7.30 pm AEST on Tuesday 22 May 2001.
Additional Funding For Indigenous Organisations
On 13 April last year, I announced the details of an agreement between
the Government and the Australian Democrats on the passage of the
legislation giving effect to the f
Meeting Of The Ministerial Council For Commonwealth-State Financial
Today’s meeting of the Ministerial Council for Commonwealth-State Financial Relations is the first since the landmark reforms to Commonwealth-State financial relations took effect on 1 July 20
Crean Flops The Budget Test
An illustration of how unprepared for Government the Labor Party is,
was shown today by the sheer ignorance of Shadow Treasurer, Simon Crean,
in relation to Commonwealth accounts.
Economic Growth and Tax Reform
The Treasurer today rejected suggestions in some newspapers that the
Reserve Bank of Australia had blamed the GST for an economic slowdown.
Detail of Additional First Home Owners Grant for New Homes
The eligibility details of the $14,000 grant for first home buyers have been settled in
consultation with the States and Territories.
Loan to PNG: Release of Second Tranche
The Australian Government has announced the release of the second US$10 million
tranche of its US$30 million loan to PNG.
Business Tax Reform - Implementation Timetable
Today the Government is announcing the timetable for delivering the remaining elements of the business tax reform package.
IMF Commends Government’s Economic Management
The IMF has once again praised the economic management credentials of the
Government in its regular independent assessment of the Australian economy.
Appointment of Mr Donald McGauchie to the Board of the Reserve Bank of Australia
I am pleased to announce the appointment of Mr Donald McGauchie as a member of the
Board of the Reserve Bank of Australia for a term of five years, beginning from
30 March 2001.
Australian Newspaper Wrong
Claims by The Australian newspaper that the Government will collect more, not
less, revenue under changes to the BAS reporting system are wrong.
Reporting Date Extended For Charities Inquiry
The Inquiry into the definition of charities and related organisations has been granted
an extension of time to 30 June 2001 within which to complete its report.
National Accounts: December Quarter 2000
Todays National Accounts show that, in seasonally adjusted terms, GDP declined by
0.6 per cent in the December quarter. Growth through the year was
2.1 per cent.
Nomination Of Australian Alternate Director To The Asian Development Bank
The Treasurer today announced the nomination of Ms Miranda Rawlinson, a
senior official with the Australian Agency for International Development, to the position
of Alternate Dire
Entity Taxation
In October 2000 the Government released exposure draft legislation providing for the taxation of trusts like companies.
Streamlined GST and PAYG Reporting
Today the Government is releasing an exposure draft of legislation that reforms the thin capitalisation rules to ensure foreign and Australian multinationals pay a fair share of tax in Australia.
Nicaragua Qualifies for Debt Relief
The Treasurer and
the Minister for Foreign Affairs are pleased to announce that the Australian Government
will provide interim debt relief to Nicaragua.
Labor's Little Deception Entirely False
The Labor Party's claim
that petrol tax in February 1996 was only 34 and 36 cents per litre is entirely false.
This is incompetence or deliberate deception.
Indexation of on-Road Diesel and Alternative Fuel Grants
The Diesel and
Alternative Fuels Grants Scheme (DAFGS) commenced on 1 July 2000 and provides a major cut
in diesel and alternative fuel costs for businesses providing on-road transport serv
Taxation Treatment of Datacasting Transmitter Licences
The Government will
amend the Income Tax Assessment Act 1997 to allow the cost of datacasting
transmitter licences (DTLs) to be written off over their effective lives.