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 Clinton’s 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 Government’s 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 Government’s 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.