The government has called an election and is now in caretaker

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Media releases

2009

Final Budget Outcome 2008-09

Today's final budget outcome for 2008-09 shows a modest fiscal improvement reflecting the effects of economic stimulus as well as some one-off factors, but also highlights again the fiscal chall

Treasurer to Attend G20 Leaders' Meeting

Tomorrow I will meet in Washington with senior US Administration Officials prior to attending the G20 Leaders' Meeting in Pittsburgh.

James Hardie Industries N.V. Corporate Restructure

Today I approve the proposed corporate restructure of James Hardie Industries N.V.

New R&D Tax Credit - Consulting with stakeholders

Today the Rudd Government will begin consultation with key stakeholders on the detailed design features of the new R&D Tax Credit.

Treasurer Launches Australian Institute for Population Ageing Research

Today I formally launched the Australian Institute for Population Ageing Research (AIPAR) at the University of New South Wales.

OECD Employment Outlook

The OECD in its 2009 Employment Outlook has delivered powerful new evidence that the Rudd Government's stimulus measures have led the advanced world in supporting jobs during the global

Treasurer's Visit to India

Today I will meet with my Indian counterpart His Excellency Mr Pranab Mukherjee, Minister of Finance, to discuss the growing bilateral relationship between our two countries, as well as the impo

G20 Finance Ministers to Discuss Response to Global Recession

This weekend's meeting of G20 Finance Ministers and Central Bank Governors will focus on fully implementing our commitments to support jobs and growth in the face of the ongoing global recession,

Treasurer to Attend G20 Finance Ministers' Meeting

This weekend I will attend the G20 Finance Ministers' Meeting in London to discuss current developments in the global recession and global actions being implemented in response.

National Accounts – June Quarter 2009

Today's National Accounts show that the Australian economy has been the best performing advanced economy over the past year and the only advanced economy that has recorded positive growth over t

Balance of Payments – June Quarter 2009

Today's Balance of Payments shows the continuing impact of the global recession on the Australian economy, with the current account deficit (CAD) widening to $13.3 billion in the June quarter, re

Activation of Car Dealership Financing Special Purpose Vehicle ('Ozcar')

I am pleased to announce that from 1 September the car dealer financing special purpose vehicle ('Ozcar') will be activated and able to provide critical liquidity support to car dealership financ

Reforms to the supervision of Australia's financial markets

The Treasurer, Wayne Swan MP and the Minister for Financial Services, Superannuation and Corporate Law, Chris Bowen MP, today announce changes to the supervision of Australia's financial markets th

Removal of Interest Withholding Tax on Commonwealth Government Securities

Today the Government announces the removal of interest withholding tax (IWT) on Commonwealth Government Securities.

Statement from the Treasurer

The story published on the front page of today’s Weekend Australian in relation to capital gains tax on family homes is factually incorrect.

IMF Commends Australia's Response to the Global Recession

The International Monetary Fund has today again commended Australia's response to the global recession, noting that "[t]he authorities' timely and significant macro policy response cushioned the

Reforming Australia's Foreign Investment Framework

Today I am pleased to announce reforms to Australia's foreign investment screening framework which will support Australian jobs and economic growth, and position Australia for a more competitive re

Funding for Medical Research Announced

The Australian Government today made an historic medical research funding announcement with the Queensland Government and Atlantic Philanthropies.

Guarantee of State and Territory Borrowing

Today I announce the formal commencement of the Guarantee of State and Territory Borrowing.

Board of Taxation Appointments

I am pleased to announce the following reappointments to the Board of Taxation: