Tag: Treasury

Treasury secretary shoots down NRF inflation fears

Posted on   |  by Joseph Brookes
Treasury secretary Steven Kennedy on Wednesday quelled fears the Albanese government’s $45 billion in off budget spending would add to aggregate demand, saying he does not think the funds...

Govt mulls widening of Big Tech news code

Posted on   |  by Justin Hendry
A review of Australia’s media bargaining code has recommended the government investigate extending it to digital platforms other than Google and Facebook, and verify the value of the deals it...

Data quality issues holding back CDR scheme: report

Posted on   |  by Brandon How
A more deliberate effort to maintain good data quality in the Consumer Data Right (CDR) scheme must be taken to increase participation and present a viable alternative to screen...

Productivity to flow from tech skills uplift: Chalmers

Posted on   |  by Brandon How
As the Jobs and Skills summit kicks off, Treasurer Jim Chalmers has urged attendees to focus on boosting Australia’s productivity, saying it “flows from investing in our people and...

Work on ‘token mapping’ for crypto assets to begin

Posted on   |  by Brandon How
The federal Treasury will begin ‘token mapping‘ work this year to create a consistent taxonomy to inform how crypto assets and associated services should be regulated. Token mapping is...

Compliance levels low in bumper foreign investment year

Posted on   |  by Joseph Brookes
Treasury performed fewer audits of foreign investors last year, moving instead to using outside firms to check compliance with rules for high risk and high value investments. The audits...

Lack of innovation is hurting productivity growth: Treasury

Posted on   |  by Joseph Brookes
The productivity gap between the most innovative companies in the world and Australian firms is growing, according to new analysis by economists at the federal Treasury, who found local...

Govt finally unveils share scheme legislation

Posted on   |  by Denham Sadler
The federal government has finally unveiled draft legislation to implement reforms to the Employee Share Scheme which it first announced four years ago, along with a further commitment contained...