The Turnbull Government is encouraging feedback from Australia’s research and development (R&D) community, businesses and industry groups and other stakeholders on the R&D Tax Incentive Review findings released today. The review was undertaken by Chair of Innovation Australia Bill Ferris, Australia’s Chief Scientist Alan Finkel and Secretary to the Treasury John Fraser, to: “Identify opportunities...

Overview Winding back superannuation tax breaks will be an acid test of our political system. Not because our major political parties are at loggerheads, but because they largely agree on both ends and means. If we cannot get reform in this situation, then there is little hope for either budget repair or wider economic reform.

There is increased interest in land taxation in Australia and internationally, as reflected for example, in the Henry report on tax reform in 2010 and the UK Mirrlees Report in 2011. This interest stems from the immobility of land as a factor of production, which stands in contrast to other factors such as capital and...

This article examines three taxes that have the potential to assist with addressing income inequality: estate taxes, gift taxes, and capital gains taxes. Reports on the historical background of these taxes to investigate why taxes that have the potential to act in a redistributive capacity have not been successful in NZ. Questions whether historical justifications...

This report argues that failing to address the status quo will drive the racial wealth divide for centuries to come.