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Media releases

2004

A More Flexible and Adaptable Retirement Income System

The Treasurer released today a policy paper outlining several measures to improve the accessibility, flexibility and integrity of the retirement income system and reduce red tape.

Board Of Taxation Appointments

I am pleased to announce the appointment of Mr Keith James to the Board of Taxation for a term of two years commencing from 1 March 2004 and the re-appointment of Mr Anthony D’Aloisio as member of

Government Response to Productivity Commission Report on the Review of the National Access Regime

The Treasurer has announced the Australian Government’s final response to the Productivity Commission's Report on the Review of the National Access Regime (‘the Regime’).

Financial Services Reform Act 2001 - Relief for advice provided by accountants in relation to Self Managed Superannuation

A new regulation is to be made to provide relief from the Financial Services Reform Act 2001 (FSRA) for accountants who provide advice to their clients on the decision to acquire or dispose of an i

Foreign Investment Policy: Shareholdings in Village Roadshow Limited

Under the Government’s foreign investment policy, all direct (ie, non-portfolio) investments by foreign interests in the media sector, irrespective of size, require prior approval.

Ministers Enhance the Trans-Tasman Business Environment

An agreement to progress cooperation on banking and competition regulation and the establishment of a Trans-Tasman Accounting Standards Advisory Group were among the many issues discussed to

Consumer Price Index - December Quarter 2003

Today’s Consumer Price Index (CPI) shows that inflation remains subdued in a strongly growing economy, with the All Groups CPI increasing by 0.5 per cent in the December quarter 2003.

Queensland Government Hikes Taxes Whilst Receiving GST Windfall

The Beattie government will receive a GST windfall of $334 million in 2003-04.

Automotive Sales Break All Time Record

Today’s automotive sales figures show that Australians bought more new motor vehicles in 2003 than ever before.

Fringe Benefits Tax Concessions for Public Ambulance Services

The Government will amend the Fringe Benefits Tax Assessment Act 1986 to ensure that employees of public ambulance services are afforded the same fringe benefits tax exemption as employees of publi

Australia-United Kingdom and Australia-Russia Tax Treaties

Opportunities for increased trade and investment flows between Australia and the United Kingdom (UK) and between Australia and the Russian Federation will be improved as a result of the entry into