Media releases

Superannuation has shown strong and sustained growth, the Assistant Treasurer, Senator Rod Kemp, said today.

I am releasing today a draft of proposed amendments to the Income Tax Assessment Act 1997.

Gifts to the value of $2 or more made to the Asia Society AustralAsia Centre will be deductible for income tax purposes, the Assistant Treasurer, Senator Rod Kemp, announced today.

Gifts to the value of $2 or more to the Australian Council of Christians & Jews will be deductible for income tax purposes, the Assistant Treasurer, Senator Rod Kemp, announced today.

Proposed legislation to give effect to the measures which the Treasurer announced on 4 August 1997, in Press Release No.84, and 14 January 1998, in Press Release No.2, was contained in Schedule 10

The Government has decided to amend the income tax law to allow deductions for gifts to the value of $2 or more to The Centenary of Federation Trust Fund (the Fund), the Assistant Treasurer, Senato

Amendments to the share capital tainting provisions in the Income Tax laws which treat distributions from share capital accounts as dividends in certain circumstances were announced today by the As

The Assistant Treasurer, Senator Rod Kemp, said today that it was now clear that the Multilateral Agreement on Investment (MAI) would not go ahead in its current form, following a recent meeting of

The Australian Government welcomes the statements overnight by the G7 Leaders and Finance Ministers and Central Bank Governors on steps for addressing the financial crisis and strengthening the int

The Government welcomes the release today by the Australian National Audit Office (ANAO) of its performance audit; Taxation Reform – Community Education and Information Programme, to the P

The Government has decided to amend the income tax law to extend the period during which tax deductible gifts of the value of $2 or more can be made to the Australian National Korean War Memorial T

The Assistant Treasurer, Senator the Hon Rod Kemp, welcomed the outcomes of the meetings of the so-called Willard Group of 22 countries, the Interim Committee of the International Monetary Fund and

From 20 September 1998, changes to the Social Security Act and the Superannuation Industry (Supervision) legislation will provide a social security assets test exemption and a higher pension reason

The Government has decided to amend the income tax law (effective from 1 July 1998) to provide Capital Gains Tax (CGT) rollover relief for changes to the structure of managed investment funds that

The Assistant Treasurer, Senator Rod Kemp, announced today that the Superannuation Complaints Tribunal (SCT) would be provided with powers of arbitration to help address difficulties created by a F

Gifts to the value of $2 or more made on or after 8 July 1998 to APACE Overseas Development Assistance Fund will be deductible for income tax purposes, the Assistant Treasurer, Senator Rod Kemp, an

The Assistant Treasurer, Senator Rod Kemp, speaking at the 1998 Forum Economic Ministers Meeting in Nadi, Fiji, has announced the Australian Governments support for a project to help Pacific Island

The Assistant Treasurer, Senator Rod Kemp, said today that the Australian Government welcomed the outcomes of the 1998 Forum Economic Ministers Meeting (FEMM) held at Nadi, Fiji on 6-7 July 1998.

The Assistant Treasurer, Senator Rod Kemp, will be representing Australia at the annual South Pacific Forum Economic Ministers Meeting to be held in Nadi, Fiji from 6-8 July 1998.

The Government will be recommending an amendment to the Superannuation Industry (Supervision) Regulations (SIS) to maintain the prescribed lodgement period for non-excluded superannuation funds tha