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...

This paper analyses the efficiency of the Australian tax system using CGETAX, a large-scale, long-run CGE model designed for tax policy analysis. This follows an analysis with CGETAX of an Australian Government proposal to reduce the corporate tax rate from 30 to 25 per cent in Murphy (2016a) and Murphy(2016b) and an Australian Treasury Working...

In the lead up to the 2 July 2016 election, the Foundation for Alcohol Research and Education (FARE) is calling on all major political parties to address alcohol’s hidden harm.

The Greens are the only party that understands that the economy must work for the benefit of society and not the other way around. We have a progressive plan where tax reform starts at the top by removing unfair tax breaks and wasteful subsidies for polluting industries. Not only will this help address the structural...

The Greens plan would phase out the CGT discount by 10% each year from 1 July 2016 until there was no longer any discount from 1 July 2020. The Parliamentary Budget Office costings show this measure, combined with our proposal to phase out negative gearing, would generate $7 billion over forward estimates, and $119.5 billion...