Media releases

The Treasurer has informed both CanWest Global Communications Corp (CanWest) and Telecasters North Queensland Limited (TNQ) that the Government has no objections to the CanWest/TNQ float proposal i

The Foreign Investment Review Board’s 1996-97 Annual Report was released today. The main points in the FIRB’S 1996-97 annual report are as follows:

Today’s National Accounts show continuing strong economic growth with the Australian economy growing by 3.6 per cent through the year to the December quarter 1997.

The balance of payments estimates for the December quarter 1997 indicate a seasonally adjusted current account deficit of $5,736 million.

In the 1997-98 Budget the Government announced it would amend the income tax law in relation to property acquired under hire purchase or limited recourse finance arrangements.

The Treasurer, Mr Peter Costello, welcomed the Private New Capital Expenditure figures released by the ABS as a further indication of the strength of domestic demand.

The Treasurer today announced that Australia would not be subscribing to additional shares allocated to it in the recent general capital increase of the European Bank for Reconstruction and Develop

I am today releasing annual reports on the Commonwealth’s progress in undertaking Legislation Review and the implementation of Competitive Neutrality policy in 1996-97.

In the 1997-98 Budget, I announced that the Government would review the taxation of trusts and as part of that process, the Treasury and the Australian Taxation Office would release a discussion pa

The Government released today the Industry Commission’s final report on State, Territory and Local Government Assistance to Industry.

The Treasurer, the Hon Peter Costello, MP, has today announced the nomination of the Hon Stephen Baker for the position of Alternate Director at the Asian Development Bank (ADB) in Manila.

Mr Beazley yesterday claimed a future Labor Government would deliver an underlying surplus in each of its first three budgets. The leopard does not change its spots.

The Federal Treasurer, Mr Peter Costello, today welcomed the announcement by the Australian Securities Commission that it will examine the circumstances under which Cobar Mi

Building societies, credit unions, and their industry Special Serivices Providers (SSPs) will be allowed to issue cheques in their own name under draft legislation released today by the Treasurer,

The statement today by Opposition spokesman Martin Ferguson that the Government ought to be thinking about digging into a surplus shows the ineptitude of Labor policy.

The effectiveness of the new system to be introduced by the Reserve Bank for the settlement of high-value wholesale payments (the Real Time Gross Settlement (RTGS) system) would be enhanced under d

The Government has decided to amend the income tax law to allow deductions for gifts of the value of $2 or more, made on or after the date of this press release, to the United Israel Appeal Ref

The Government has decided to amend the income tax law to allow deductions for gifts of the value of $2 or more, made on or after the date of this press release, to the Sydney Talmudical Colleg