Media releases

2006

Simplified Superannuation Contribution Caps

The article by Alison Kahler in today’s Financial Review (AFR, 9 October 2006, p.59) suggested there was uncertainty over the immediate operation of the new Simplified Superannuation con

Spring Racing for Beazley - A Bet Each Way on Your Super

With the Spring Racing Carnival descending on Australia, it appears Kim Beazley and Labor are already having a bet each way – unfortunately for Australian income earners, it’s on their r

HIH Claims Support Scheme - Closure of Late Application Gateway

HIH policyholders who believe they may be eligible for assistance under the HIH Claims Support Scheme through the late application gateway have until 17 November 2006 to submit their applications,

A Super Year for Working Australians

“The first full year of the expanded superannuation co-contribution scheme has been a stunning success,” the Minister for Revenue and Assistant Treasurer, Peter Dutton, announced today.

Super best practice guide to help industry

A new guide aimed at helping superannuation funds to lodge accurate and complete returns and reports was launched by the Minister for Revenue and Assistant Treasurer, Peter Dutton, today.

After 125 days Mr Beazley finally says something on superannuation

The Howard Government has outlined the most dynamic reforms to superannuation in our nation’s history - a crucial plan to meet the challenge of an ageing population.

Beazleys blueprint blunder

The ageing of the population is one of the most important challenges facing the Australian economy over the coming years.

Beazley Backs Super Red Tape Snarl

The complexity of the current system of end benefits taxation puts a significant burden on superannuation funds.

Government Introduces Further Improvement to the Tax System

The Government today introduced legislation to implement a range of changes and improvements to Australia’s taxation system (Tax Laws Amendment (2006 Measures No. 5) Bill 2006).

100 days of Super Silence shows Beazleys weakness

Kim Beazley has officially reached a ton.

Beazley Delivers Insults But Still Silent On Superannuation

96 days have now passed since the Federal Budget and still Kim Beazley and Labor are unable to tell Australians whether or not they will support the most dynamic reforms to superannuation in Austra

Australia-Norway Sign Revised Tax Treaty

The Minister for Revenue and Assistant Treasurer, Peter Dutton MP and the Norwegian Ambassador to Australia, Lars Wensell, today signed a new tax treaty (the new Treaty) between Australia and the K

Review of ATOs Management of Tax Litigation

The Government today released the Inspector-General of Taxation’s report of his Review of Tax Office management of Part IVC litigation.

87 Days and still no support from Labor on Super Reforms - Just Latham Leftovers

Kim Beazley and Labor still refuse to support the most dynamic reforms to superannuation in our nation’s history, instead serving up ‘re-heated’ Mark Latham ideas.

Kim Beazleys three minds policy on superannuation: Yes, No, Maybe

It’s now been 82 days since the Federal Budget and Kim Beazley is still unable to make up his mind on whether or not to support the Government’s superannuation reform package.

Deductibility of Gifts to the Lingiari Policy Centre

The Minister for Revenue and Assistant Treasurer, the Hon Peter Dutton MP, has announced that from 26 July 2006 gifts of $2 or more donated to the Lingiari Policy Centre are tax deductible.

Low and Middle Income Earners Would be Worse Off Under Labors Childcare Proposal

Kim Beazley’s plan to extend the fringe benefits tax exemption on child care to all employees would roll-back the financial situation of low and middle income families leaving them worse off.

Government Closes Superannuation Loophole in Bankruptcy

Superannuation contributions made prior to bankruptcy with the intention to defeat creditors will now be recoverable by bankruptcy trustees following changes announced today by the Attorney-Gene

Understanding Money Campaign Launched

The Minister for Revenue and Assistant Treasurer, Peter Dutton, MP, today launched a national media campaign that will encourage Australians to put themselves in charge of their money.

Membership of the Advisory Board to the Financial Literacy Foundation

I am pleased to announce the appointment of Mr Jeremy Duffield to the Advisory Board of the Financial Literacy Foundation.