Changing taxes for changing times

Image: Ken Henry / The Courier-Mail

22 January 2010In this widely reported speech on tax reform, the Treasury head and chair of the Future Tax System Review Panel argues that for tax reform to be successful the community must understand, appreciate and generally support the reasons for change. He argies that factors including demographic change, globalisation and environmental degradation must be considered in reformong taxation, and that vested interests need to be resisted.

This speech was given to the Australasian Tax Teachers Association Conference on 21 January 2010.

Noticeboard

22 March 2012

The Attorney-General's Department has launched a new inquiry to explore the scope for reforming Australian contract law. There will be a three-month consultation period.

07 March 2012

In May 2011 the Federal Government announced that the Australian Charities and Not-for-profits Commission (ACNC) would commence operations from 1 July 2012 and that it would initially be responsible for determining the legal status of groups seeking charitable, public benevolent institution, and other not-for-profit (NFP) benefits on behalf of all Commonwealth agencies. 

07 February 2012
The Productivity Commission has been asked to report within 8 months on Default Superannuation Funds in Modern Awards. The inquiry covers the design of criteria for the selection and ongoing assessment of superannuation funds for nomination as default funds in modern awards.