Latest News

Coalition walks away from Small Business on Super Clearing House

Today's debate in the parliament on the superannuation clearing house is clear proof that Labor is the true party of small business. In consecutive days the Coalition has put forward an ill-thought out, anti-growth tax on Australian businesses and now threatens to block an important pro-small business measure.

New foil insulation inspection regime

Greg Combet, Minister Assisting the Minister for Climate Change and Energy Efficiency today announced strong measures to deal with concerns about foil insulation that has been installed under the Government’s Home Insulation Program.

Strong measures to combat fraud under the Home Insulation program

Greg Combet, Minister Assisting the Minister for Climate Change and Energy Efficiency today outlined a series of strong measures in response to claims of fraud that has been committed under the Government’s Home Insulation Program.

Australia and Chile sign new tax treaty

The Assistant Treasurer, Senator Nick Sherry, today announced that Australia and Chile have signed a new income tax treaty – the first between the two countries.The new income tax treaty will provide certainty and stability of tax treatment for Australian and Chilean cross-border investors and reduce tax-related barriers.

Tax relief for investors in instalment warrants

The Assistant Treasurer, Senator Nick Sherry, has today announced the Rudd Government’s plans to amend the tax law to confirm the practice of treating the investor in an instalment warrant over a single exchange traded security in a company, trust or stapled entity as the owner of the listed security for income tax purposes.

Australia-Indonesia Joint Statement

The partnership between Indonesia and Australia is alive with opportunities. As leaders, we are committed to strengthening this vital relationship, expanding it into new areas, and promoting an enhanced comprehensive partnership that will benefit both countries and contribute to regional stability and prosperity.

Financial services consumer protection framework extended to superannuation borrowing arrangements

The Minister for Financial Services, Superannuation and Corporate Law, Chris Bowen MP, today announced that the Government proposes to amend the Corporations Regulations 2001 to provide that certain borrowing arrangements by superannuation fund trustees are financial products under the Corporations Act 2001.

Boost for rural women’s voice

Rural and regional women across Australia will have greater opportunity to engage with government with the announcement of funding for the National Rural Women’s Coalition (NRWC).Tthe Australian Government would invest $600,000 over three years to ensure women from rural, regional and remote areas are able to bring forward the concerns and issues from their communities.

Australian Tourism Industry out-performed the rest of the world in 2009.

The Minister for Tourism, Martin Ferguson AM MP, has welcomed today’s release of Tourism Research Australia’s International Visitor Survey showing the Australian tourism industry out-performed the rest of the world last year.

300,000 Australians who are blind or have low vision to get secret ballot in Federal Elections

Graeme Innes, Australia's Disability Discrimination Commissioner, is among the 300,000 Australians who are blind or have low vision that may finally have a secret ballot in Federal Elections, thanks to changes to the Electoral Act that were tabled in Parliament today by the federal government.