Media releases

2001

Government Welcomes Commissioner's Announcement On Interest Rates and Mass Marketed Scheme Participants

Government Welcomes Commissioner’s Announcement On Interest Rates And Mass Marketed Scheme Participants

Deductibility Of Gifts To The Voluntary Service To Indigenous Communities Foundation

The Assistant Treasurer Senator Rod Kemp has announced that, from today, gifts to the value of $2 or more made to the Voluntary Service to Indigenous Communities Foundation will be deducti

Deductibility Of Gifts To The Australian Nuffield Farming

The Assistant Treasurer Senator Rod Kemp has announced that, from today, gifts to the value of $2 or more made to the Australian Nuffield Farming Scholars Public Fund will be deductible fo

Amendments to Information and Communications Technology Tax Laws

Amendments to the taxation laws will assist the development of Australia’s information and communications technology (ICT) industry, the Minister for Communications, Information Technology and the

Bankrupt Lawyers

The Federal Government has today established a taskforce to determine whether any changes are needed to the bankruptcy and taxation laws to ensure that people are prevented from using bankruptcy as

Capital Gains Tax: Rollover Relief For Demutualisations

The Assistant Treasurer, Senator Rod Kemp, today announced that the Government will be introducing amendments to ensure that participants in insurance company demutualisations obtain capital gains

Bankruptcy and Taxation Obligations

The Federal Government is acting against those who seek to use bankruptcy to avoid their taxation obligations.

Work in Progress: Amounts not to be Taxed Twice

The Assistant Treasurer, Senator Rod Kemp, today announced that the Government will be introducing amendments to prevent the potential for double taxation of professional work in progress.

Employee Share Schemes and the Capital Gains Tax Provisions

The Assistant Treasurer, Senator Rod Kemp, today announced that the Government will be introducing amendments relating to the capital gains tax (CGT) treatment of certain shares or rights acquired

Labor Wrong Again on GST

Claims by the Labor Party in Senate Estimates today that the variation arrangements for GST could lead to only annual payments are completely false.

What a Difference a Day Makes

Senator Peter Cook today severely embarrassed the Labor Party when he was forced to retract a series of statements he made last night in Senate Estimates calling for the abolition of the Board of T

Aircraft Noise Levy Collection Amendment Bill 2001

The Assistant Treasurer, Senator Kemp, today announced that the Government will introduce a Bill to amend the Aircraft Noise Levy Collection Act 1995 (the Collection Act).

National Competition Policy Review of The Superannuation Industry (Supervision) Act 1993 and Certain Other Superannuation Legislation

The Assistant Treasurer, Senator Rod Kemp, has asked the Productivity Commission (PC) to commence the scheduled National Competition Policy (NCP) Legislation Review of the Superannuation Industry (

Income tax returns

The Assistant Treasurer Senator Rod Kemp today referred to press reports that the Government is going to pay an automatic tax refund of about $500 for each taxpayer.

Deductibility of gifts to the Dymocks Literacy Foundation Limited

The Assistant Treasurer Senator Rod Kemp announced that, from today, gifts to the value of $2 or more made to the Dymocks Literacy Foundation Limited will be deductible for income tax purp

2000

Productivity Commission Inquiry into Prices Oversight Arrangements at Airports

The Assistant Treasurer, Senator Rod Kemp today announced that the Productivity Commission has been asked to undertake a review of the prices oversight arrangements at airports and report within tw

Foreign Investment Review Board Report: 1999-2000

The Foreign Investment Review Board’s (FIRB) Report for 1999-2000 was released today.

Deductibility of Gifts to the Australian Chinese Ex-Services National Reunion War Memorial Fund

The Assistant Treasurer Senator Rod Kemp, today announced that gifts to the value of $2 or more made to the Australian Chinese Ex-Services National Reunion War Memorial Fund from today to

Approval of the Australian Derivatives Exchange

The Assistant Treasurer, Senator Rod Kemp, today announced the approval of the Australian Derivatives Exchange Ltd (ADX) as a futures market under the Corporations Law.

Deductibility of Gifts to the Royal Australian Airforce (RAAF) Memorial Trust Fund

The Assistant Treasurer, Senator Rod Kemp, today announced that gifts to the value of $2 or more made to the Royal Australian Airforce (RAAF) Memorial Trust Fund from today to 17