Australia is a low tax country, with increasing demands for government spending. This paper identifies three simple tax reforms which would raise an extra $70 billion a year without hurting low or middle-income Australians: more comprehensive taxation of capital gains, the introduction of an annual wealth tax and the introduction of a wealth transfer tax.

The Goods and Services Tax (GST) was supposed to grow over time, so that state and territory governments would have a reliable income source to help them fund important services. This paper finds that if the GST had kept up with economic growth, states and territories would have received an additional $231 billion in revenue.

Climate change is making insurance more expensive in Australia, with insured catastrophe losses reaching a record $7 billion in 2022. These costs are adding to inflation, increasing up to five times faster than the consumer price index. Costs are not shared equally, with some premiums in the north of the country double those in the...

An examination of the profitability of Australian banks, focusing on profits generated from owner-occupier home loans. The report finds that Australian banks are highly profitable, extracting significant profits from home loans in particular. The report argues that this disproportionately burdens homebuyers, who represent a small proportion of banks' overall business.

The growing disparity between inequality of incomes and inequality of wealth is increasing the rich-poor divide in Australian society. This paper argues that rather than reducing this inequality, the tax system has become part of the problem and that tax reform is urgently needed if we are to address it.