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...

A well- designed GST reform package could support economic growth, make the tax and transfer system more progressive and give governments more budgetary options, according to this report. Summary Extending the goods and services tax to cover many of the categories currently exempt could raise $17 billion a year, while increasing the rate to 15...

Examines proposals to cut company tax rates by looking at the circumstances of some of the main company tax-payers, namely the top 15 listed companies in Australia. Summary The purpose of the present paper is to critically evaluate the arguments for cutting the company tax rate. Company tax is a complicated affair yet there are...

Better targeting of superannuation contributions tax breaks could save the budget $3.9 billion a year, argues this report. Summary Tax breaks for superannuation contributions and earnings should be targeted more tightly at their policy purpose. The current system is expensive and unfair.

A Shorten Labor Government will further curtail Australia’s biggest preventable cause of disease and death by raising tobacco excise to bring it in line with world’s best practice. Tobacco excise If a Shorten Labor Government is successful at the next election Labor will introduce four annual 12.5 per cent increases in excise on: 1 September...