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XBRL Australia News

26 April 2006

The main activity for the last month has been on the taxonomy development. For those interested in this development, general information can be found on the Activities page, and detailed documentation on the Taxonomy page.

The Prime Minister and Treasurer have issued a joint press release responding to the Report of the Regulation Taskforce. They have agreed with the main recommendation affecting XBRL - recommendation 6.3 - and have stated funds are available to progress it. The ATO is now working with Treasury officials to bring more agencies into the loop on this. The response to the report, "Rethinking Regulation" is available from the Regulation taskforce website.

For information on the latest news internationally go to the XBRL International web page.

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