Media releases

2010

Coalition to Vote Against Better Super, Lower Business Tax, More Infrastructure

The Leader of the Opposition has today announced he will vote against higher retirement savings for Australian families, business tax relief especially for Australia's 2.4 million small business

Resource Tax Consultation Panel

Today the Australian Government announced a Resource Super Profits Tax to apply from 1 July 2012.

Stronger, Fairer, Simpler: A Tax Plan for Our Future

The long term tax plan we announce today will strengthen the economy and make the tax system fairer and simpler for Australian working families and businesses.

Stronger, Fairer, Simpler Superannuation Banking the Benefits of the Boom

The Rudd Government will deliver an historic boost to retirement savings to help prepare for an ageing population and ensure the Australian people get a fairer share of our mineral wealth.

Board of Taxation Appointments

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

Consumer Price Index – March Quarter 2010

Today's Consumer Price Index (CPI) result shows that headline inflation was 0.9 per cent in the March quarter 2010, and 2.9 per cent over the year.

Australia's Future Tax System Review

The Treasurer will release the Australia's Future Tax System Review (AFTSR) and outline the Government's initial response on Sunday 2 May 2010.

Treasurer to Attend G20 Finance Ministers' Meeting

Tomorrow I will meet with fellow G20 Finance Ministers and Central Bank Governors in Washington DC before attending the Spring Meetings of the IMF and World Bank over the weekend.

IMF World Economic Outlook April 2010

The IMF in its latest World Economic Outlook (WEO) has confirmed that Australia continues to outperform the major advanced economies and is a leader in the global economic recovery.

Treasurer to Hold Meetings in New York

Today I depart for New York to hold meetings with key investors and business leaders, as well as the New York Federal Reserve ahead of the G20 Finance Ministers' Meeting in Washington, DC.

2010-2011 Budget Lock-Up

The Treasurer will deliver the 2010-11 Budget on Tuesday 11 May 2010, with his Budget speech beginning in the House of Representatives around 7.30pm (AEST).

OECD and World Bank Updates on the Global Economic Recovery

The OECD and World Bank global economic updates released today point to progress in the global economic recovery, but highlight the uneven nature of the recovery and caution against too rapid a w

R&D Tax Incentive — Second Exposure Draft Legislation

Treasurer Wayne Swan and Innovation Minister Kim Carr today released a second exposure draft of the legislation for the new R&D tax incentive.

Removal of Large Deposits and Wholesale Funding Guarantee

Today marks another important milestone in Australia's economic recovery with the closure of the Guarantee of Large Deposits and Wholesale Funding (Guarantee).

Opposition Leader's Economic Misjudgement on Display Again

The Leader of the Opposition has today provided another alarming demonstration of the risks his economic ignorance and misjudgement pose to the Australian economy.

Australian Government supports a fair increase in the minimum wage

Today, the Government provided a submission to the Fair Work Australia 2010 Annual Wage Review in support of a considered rise in minimum wages which deliver a real increase in pay for low incom

National Accounts – December Quarter 2009

Today's National Accounts report a very solid outcome for the Australian economy, with the economy growing strongly in the December quarter and continuing to outperform other advanced economies.

Government Withdraws Bank Funding Guarantee and State Guarantee

Today the Rudd Government is announcing the withdrawal of its Guarantee Scheme for Large Deposits and Wholesale Funding (the Guarantee) on 31 March 2010, acting on the advice of the Council of Fi

Australia to 2050: Future Challenges

Today I am proud to launch the 2010 Intergenerational Report Australia to 2050: Future Challenges.

Harnessing the Skills and Experience of Older Australians: Rudd Government Launches $43.3 Million Productive Ageing Package

The Rudd Government today launched a new $43.3 million Productive Ageing Package to provide vital training and support for older Australians who want to stay in the workforce.