Address to the Insurance Council of Australia Conference
August 12, 2004Politics, University, Industrial Relations, Poverty, Republic, Immigration, Religion, Free Trade Agreement – Interview with Michael Duffy, Radio National
August 23, 2004NO.069
SHRINE OF REMEMBRANCE FOUNDATION AND RESTORATION AND DEVELOPMENT TRUST
Today I am announcing the Government’s decision to extend the gift deductibility
status for the Shrine of Remembrance Foundation to 1 July 2006, and for the
Shrine of Remembrance Restoration and Development Trust to 1 July 2007. This
will further assist the Shrine in raising much needed funds to support the second
stage of development of the Shrine into a major education facility while enhancing
its role as a memorial and ceremonial venue.
Melbourne’s Shrine of Remembrance is an asset of national significance
commemorating the sacrifices made by Australian servicemen and women during
the two Great Wars and the conflicts in Korea, Malaya, Borneo, Vietnam and the
Gulf.
The Shrine is an important symbol of our struggle as a nation with enormous
potential to contribute to the social cohesion and sense of purpose within our
community. As the Shrine Galleries trace the history of Australia at war from
the Boer War through to the post-World War II conflicts, they demonstrate how
Australians have had to fight to maintain the freedom of their country.
In July 2002, the Government amended the tax law to allow gifts to the value
of $2 or more to the Shrine of Remembrance Foundation to be deductible for income
tax purposes. Previously, in November 1999, the Government also extended a similar
concession to the Shrine of Remembrance Restoration and Development Trust. These
concessions were provided to assist the Shrine to raise funds to establish,
manage and maintain the Shrine’s Galleries of Remembrance and its educational,
operational and management projects.
The extension of tax deductible status will build on the Government’s
previous funding support to the Shrine of $5 million in 1998 for the development
of the undercroft and fit out of the Galleries of Remembrance.
Legislation to give effect to this announcement will be introduced as soon
as practicable.
Taxpayers should ensure they receive a receipt for their donation.
MELBOURNE
13 August 2004
Contact: Amanda Kennedy
02 6277 7340