The government has called an election and is now in caretaker

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Media releases

2010

Breakthrough Agreement with Industry on Improvements to Resources Taxation

Today the Gillard Government is proud to announce a breakthrough agreement on improved resource tax arrangements that addresses the concerns of the resource industry.

Appointment of Chairperson to the Commonwealth Grants Commission

I am pleased to announce the appointment of Mr Alan Henderson AM as the Chairperson of the Commonwealth Grants Commission (CGC) for a five-year period from 1 July 2010.

Third Round of Tax Relief Starts Tomorrow

Australians facing cost of living pressures will receive some extra financial help and reward for hard work, with the Government's third round of tax cuts starting tomorrow.

Self-Funded Retirees to Benefit from an Extension in Drawdown Relief for Account-Based Pensions

The Gillard Government will continue to support self-funded retirees by extending the drawdown relief currently provided for account-based superannuation pensions to the 2010-11 year.

Government Moves on Unfair Mortgage Exit Fees

The Gillard Government today announced key reforms to help deal with unfair mortgage exit fees.

Deputy Prime Minister to Attend G20 Summit in Toronto

This weekend I will represent Australia at the G20 Leaders' Summit in Toronto, Canada, on behalf of Prime Minister Julia Gillard.

Terms of Reference for Productivity Commission Report on the Impacts and Benefits of COAG Reforms

The Treasurer, Wayne Swan, and the Assistant Treasurer, Senator Nick Sherry, today released the terms of reference for the Productivity Commission report on the impacts and benefits of Council

$2 Billion for Queensland from Regional Infrastructure Fund

The Australian Government today announced that Queensland should expect more than $2 billion in additional infrastructure investment from the new $6 billion Regional Infrastructure Fund.

$6 Billion Regional Infrastructure Fund

The Australian Government today announced that it will establish a new $6 billion Regional Infrastructure Fund.

Treasurer to Attend G20 Finance Ministers' Meeting in South Korea

In the coming days I will attend the G20 Finance Ministers' Meeting in South Korea to discuss recent global developments and continue work on key reforms. 

National Accounts – March Quarter 2010

Today's National Accounts report a solid outcome for the Australian economy in the March quarter, but with uneven outcomes across different sectors.

OECD Economic Outlook – May 2010

The latest OECD Economic Outlook highlights that Australia's economic growth and employment outlook is amongst the best in the OECD and has welcomed the Government's fiscal settings and strategy in

Robb Must Correct Record on NBER

This morning Shadow Finance Minister Andrew Robb has continued his recent run of economic incompetence and ignorance, describing independent analysis published by the National Bureau of Research Ec

Shadow Treasurer's Litany of Sloppiness a Risk to the Australian Economy

In recent days the Shadow Treasurer has demonstrated again the very real risk his sloppiness and irrationality pose to the Australian economy.

2010-11 Budget – Responsible Management and a Faster Return to Surplus

The 2010-11 Budget delivers the highest standards of responsible economic management to strengthen our economy and secure future growth.

Economic and Fiscal Background to the 2010-11 Budget

The 2010-11 Budget shows the Australian economy is emerging from the global recession in an enviable position, having outperformed every other advanced economy.

Investing in Skills for Sustainable Growth

The Rudd Government will invest more than $660 million in training, apprenticeships and adult literacy and numeracy to ensure Australia has the skills it needs to support a growing economy.

Nation Building to Expand Productive Economic Capacity

The Rudd Government is investing massively in vital economic infrastructure to build up Australia's economic capacity and face the future with confidence.

Standard Deduction to Increase Tax Returns for 6.4 Million Australians

The Rudd Government will make it easier to fill out tax returns by offering a standard tax deduction that is expected to deliver a bigger tax return for 6.4 million Australians.

Improving Incentives for Saving to Benefit 5.7 Million Australians

The Rudd Government will encourage Australians to save and help boost our national savings with a new tax incentive that cuts the tax paid on up to $1,000 of interest income from a range of savings