Temporary changes are to be put in place regulating foreign investment in Australian companies, which will now all require approval, with the government prioritising urgent applications that protect and support Australian jobs.
Treasury
Deferred settlement of excise discussion paper
Apart from the rate of excise applied to craft beer, the mechanics of payment is a major issue for smaller brewers. Treasury is currently considering amending the excise settlement period and businesses are invited to make submissions on the changes by 4 November 2011. Treasury Release Treasury has released for public consultation, exposure draft legislation… Read more →