Media releases

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

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.

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

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.

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.

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:

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.

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 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

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 Board (

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.

The Government is today announcing the requirements for partnerships and trusts that wish to use the GST grouping arrangements.

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

The Government has decided that it will legislate to refund excess imputation credits to registered charitable and gift deductible 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.

The Government today introduced amendments to the capital gains tax scrip for scrip rollover relief provisions in the law.

The IMF has revised up its growth forecast for the Australian economy, underpinned by a stronger world outlook in the latest World Economic Outlook.

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

The Government has today released the Report of the Productivity Commission inquiry into Broadcasting.

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.