13 May 2010
Australian Government announces several key initiatives to promote Australia as leading Financial Services Centre
The Australian Government handed down the 2010-11 Federal Budget on 11 May 2010 with a real focus on developing Australia as a leading regional financial centre and to ensure that Australian managed funds remain competitive in global financial markets.
The key highlights from the 2010-11 Federal Budget and an announcement by the Assistant Treasurer on 7 May 2010 are summarised in the Update.