Media releases
1999
National Accounts: March Quarter 1999
The stand-out performance of the Australian economy was maintained in the March quarter
1999.
Balance of Payments: March Quarter 1999
Today the Australian Bureau of Statistics released the "Balance of Payments and
International Investment Position" (ABS Cat. No. 5302).
Proposed Amendments to the Financial Corporations (Transfer of Assets and Liabilities) Act 1993
The Government has decided to amend the Financial Corporations (Transfer of Assets
and Liabilities) Act 1993 (the Act) to extend the deadline for foreign banks to obtain
a banking authority
Standard and Poors Upgrades Australia
The Government welcomes the announcement today by Standard and Poors of its upgrading
of Australias foreign currency debt from AA to AA+.
OECD Economic Outlook 65 Projections
The latest economic projections released today by the OECD acknowledge Australias
strong economic performance and project Australia to remain among the fastest growing
economies in the wor
APEC Finance Ministers' Meeting
I am pleased at the success of the APEC Finance Ministers' meeting held over the weekend in Langkawi, Malaysia, and the advance made on a number of key points Australia has advocated.
Bad Week Simon
After giving up on the Budget, the (WTG) Shadow Treasurer returned to desperate claims
about tax reform legislation in the Parliament today.
Fiscal Policy under accrual budgeting
The 1999-2000 Budget is the first budget by the Commonwealth on an accrual
basis.
Competition Enforcement Assistance Agreement with United States
The Treasurer will today sign The Australia United States Mutual Antitrust Enforcement Assistance Agreement with Ms Janet Reno, the Attorney-General for the United States of America and Mr Robert
Nomination of Australian Executive Director to the Asian Development Bank, Manila
The Treasurer, the Hon Peter Costello, MP, today announced the nomination of the Hon.
Justice John Lockhart, AO, Judicial Specialist with the World Bank, to the position of
Executive Direct
IMF World Econonomic Outlook
The IMF has confirmed the favourable outlook facing the Australian economy.
Year 2000 Preparedness in the Australian Financial Sector
In a statement made today on the Year 2000 computer date problem, the Treasurer
emphasised that the stability, integrity and efficiency of the financial system are
critical to the performan
1999-2000 Budget - Lockup Arrangements
The Treasurer will deliver the 1999-2000 Budget at 7.30 pm AEST on Tuesday 11 May 1999.
Premiers' Conference/Loan Council Outcome for 1999-2000
In reaching agreement today on general revenue assistance to the States and Territories in 1999-2000, the Premiers’ Conference recognised that the continuation of sound fiscal policies by all level
NATSEM Modelling confirms Tax Package Benefits
The NATSEM report released today by Ann Harding and Neil Warren (Distributional
Impact of Possible Tax Reform Packages) reaffirms the benefits of the
Governments tax package.
Foreign Investment Review Board: 1997-98 Annual Report
The Foreign Investment Review Boards 1997-98 Annual Report was released
today.
The main points in the FIRBS 1997-98 annual report are as follows:
Privatisation of the Wool Stockpile - Tax Treatment of Trading Stock
Today I am announcing the Governments tax treatment of the wool stockpile
that will apply to the new company, WoolStock Australia.
Defamation Case
My wife and I are very relieved by the decision of the court today.
Without any reason Random House chose to publish a false and damaging libel about us.
Legislation Review of the Broadcasting Services ACT 1992
I have today asked the Productivity Commission to conduct a review of the Broadcasting Services Act 1992 and other broadcasting-related legislation.
National Accounts: December quarter 1998
Todays National Accounts confirm exceptionally strong growth in the Australian economy.