Overview Australia needs to cut company tax to 25% to boost business investment, which is currently at recessionary levels. An investment boost will grow the economy, leading to increased wages, employment, national income, exports and productivity. Business investment is being hampered by our uncompetitive company tax, which is highly inefficient and much more burdensome than...

Overview The tax burden imposed by the Commonwealth Government alone, and by all Australian governments, is above its historical levels and forecast to go well above these averages. Similar results are obtained if the budget deficit is included to measure the long-run tax burden. In the past when the budget was close to balance, the...

Australian taxpayers face a future tax increase of $1,180 a year on average if nothing is done about bracket creep, according to this report. Introduction There is a large gap between what the Australian government raises in taxes and what it spends. As a result, the government has posted eight consecutive budget deficits , and...