Media releases
2000
Amendments to the Goods and Services Tax Act and Related Legislation
Today I announce several measures which will be incorporated into the A New Tax System (Goods and Services Tax) Act 1999 (the GST Act) and related legislation to provide certainty in relatio
Long-Term Non-Reviewable Contracts
The Government will introduce measures to ensure that there is no disadvantage to
either party to a long-term non-reviewable contract under The New Tax System.
Australian-American Friendship Week and Battle of the Coral Sea Commemorations
I warmly welcome President Clintons announcement that Admiral Dennis C Blair,
Commander in Chief of the US Pacific Command, will be his personal representative for
Australian-American Frie
Consumer Price Index - March Quarter 2000
The March quarter outcome on inflation of 0.9 per cent was largely influenced by rising
petrol prices, which contributed 0.3 per cent to the outcome.
New Tax System Information Campaign
The Government believes that explaining the biggest tax reform package in
Australian history is important. It has a responsibility to inform business and consumers
about it.
Excise on Beer
The Government has kept its commitment on beer as was stated in the Governments
policy, A New Tax System.
Page 87 of that policy stated:
Second Major Contract Awarded for Geelong Road Upgrade
Victorias first ever freeway, the Maltby Bypass, is set for a major
redevelopment with the second major contract awarded for the upgrading
of Geelong Road.
Ministers Kick Off Geelong Road Project
Upgrading of the Geelong Road started in earnest today with Acting Prime Minister Peter
Costello and Victorian Transport Minister Peter Batchelor joining forces to witness the
start of work
Australia will Forgive the Debt of World's Poorest Countries
Australia will provide 100 per cent debt forgiveness to countries which qualify for
debt relief under the Heavily Indebted Poor Countries (HIPC) Initiative co-ordinated by
the IMF and World
Appointment of Chairman of the Australian Accounting Standards Board
The Treasurer, the Hon Peter Costello, MP, today announced the appointment of
Mr Keith Alfredson as the full-time Chairman of the newly reconstituted Australian
Accounting Standards Bo
Beazley Walks Both Sides of the Street
Kim Beazley walks both sides of the street. On the one hand, Mr Beazley today wants to
complain about the Governments savings measures put in place to drive the Budget
into surplus.
GST: Grouping of Partnerships and Trusts
The Government is today announcing the requirements for partnerships and trusts that wish to use the GST grouping arrangements.
Alienation of Personal Services Income
The Governemt introduced into Parliament today a Bill to prevent individuals
reducing their tax by diverting income generated by their personal
services to a company, part
Refunding Excess Imputation Credits to Charities
The Government has decided that it will legislate to refund excess imputation credits
to registered charitable and gift deductible organisations.
Fringe Benefits Tax: Charities and Non Profit Organisations
I am pleased to announce that the Government has reached agreement with the Australian
Democrats on the passage of the legislation giving effect to the FBT capping measure.
Capital Gains Tax Scrip for Scrip Rollover
The Government today introduced amendments to the capital gains tax scrip for scrip
rollover relief provisions in the law.
IMF Revises up Australia's Growth Forecast
The IMF has revised up its growth forecast for the Australian economy, underpinned by a
stronger world outlook in the latest World Economic Outlook.
Petrol and Diesel Price Commitment
As announced in its policy for the last election, Tax Reform: Not a New Tax, A New
Tax System the Government will be reducing excise on petrol and diesel at the time of
the commencement of
Productivity Commission Report on Broadcasting
The Government has today released the Report of the Productivity Commission inquiry
into Broadcasting.
Foreign Investment Review Board: Re-appointment of Ms Lynn Wood
The Treasurer announced today the re-appointment of Ms Lynn Wood as a part-time member of the Foreign Investment Review Board (FIRB) for a further five-year term.