Media releases

The Australian Government has provided a A$133 million loan (equivalent to US$80 million) to the Government of Papua New Guinea.

The Government will provide $33 million additional rent assistance to low income earners which will benefit those renting accommodation, including caravan park and boarding house

I am pleased to announce the re-appointment of Mr Frank P. Lowy AC to the Board of the Reserve Bank of Australia.

The Department of Family and Community Services commissioned the economic modellers Econtech to analyse the effects of tax reform on boarding houses.

Today I am announcing that the Government will provide an income tax exemption for local government businesses which become companies.

The figures quoted tonight regarding the impact of the GST on boarding house rents were incorrect.

The Queensland Government 8 cent per litre subsidy for petrol was put in place following the High Court decision in Ha and Lim v NSW and Walter Hammond & Associates v NSW in 1997.

The exceptional performance of the Australian economy has continued in the March quarter, with GDP growth of 1.1 per cent in the quarter and 4.3 per cent through the year. This is the twelf

Approval has been given today, under the Government’s foreign investment policy, to the proposal by Air New Zealand Limited to acquire the 50 per cent interest held in Ansett Holdings Limit

The Treasurer will chair the Ministerial Council Meeting (MCM) of the OECD to be held in Paris on 26-27 June.

The Treasurer announced today that supplies that are wholly input taxed under GST will not be subject to no ABN withholding.

I welcome the announcement by the Tasmanian Treasurer, Dr David Crean, that Tasmania will maintain its subsidies for low alcohol beer.

The Treasurer, Peter Costello, and the Minister for Communications, Information Technology and the Arts, Senator the Hon Richard Alston, today jointly announced arrangements for a Productiv

I am announcing today my approval under the Financial Sector (Shareholdings) Act 1998 to the proposed acquisition of Colonial Limited by the Commonwealth Bank of Australia (CBA).

The OECD has revised up its growth projections for the Australian economy estimating solid growth of 3.9 per cent in 2000, and 3.7 per cent in 2001.

The Labor Party has now conceded that pensioners will be better off in real terms after the introduction of The New Tax System.

I am pleased to announce the appointment of Mr John Poynton to the Payments System Board (PSB) as an independent member for the term of five years.

The Government has decided to extend tax deductibility available to small and medium businesses with turnovers of $10m or less for plant and equipment bought for the purpose of preparing fo

I am pleased to announce the appointment of Ms Marian Micalizzi to the Australian Prudential Regulation Authority (APRA) Board as an independent member for the term of five years.

The Australian Loan Council, comprising Commonwealth, State and Territory Treasurers, has agreed to the implementation of the Accrual Uniform Presentation Framework (UPF).