Taxing investment earnings on pension assets could bring in an extra $90 billion over the next 15 years, which could be used to make the system fairer, writes Michael Rice.

This report argues that the key to progressive tax reform is to strengthen the personal income tax system and puts forward a set of benchmarks and options for reform. These will be used by ACOSS to evaluate the proposals of the Government’s Australia’s Future Tax System (AFTS) Review after its report is finalised later this...

Calls to abolish or modify payroll tax are often heard. For example, the Australian Chamber of Commerce and Industry has called for the abolition of payroll tax as part of wider tax reform. While several reasons are cited for abolishing or modifying payroll tax, a common reason is that payroll tax reduces employment. It is...

What is the federal government’s power to spend after Pape v the Commissioner of Taxation, asks Tessa Meyrick.

Reforms are needed to improve the accountability of boards, remove conflicts of interest and enhance shareholder engagement on remuneration, according to this draft report. On the evidence, says the Commission, the strong growth in executive pay has had much to do with the growth and global reach of Australian companies themselves. But there have also...