This paper is the first in a series of policy proposals intended reduce Australia’s budget deficit in a fairer and more equitable way than the measures rejected by the Senate. Overview With large parts of the 2014 budget not passed by the Senate, Prime Minister Tony Abbott has asked Senators for alternative ways to reduce...

This paper is intended to start a national conversation on tax reform and invites submissions from the public. Foreword Australia has experienced nearly a quarter of a century of uninterrupted economic growth. As a result, Australians continue to have some of the highest living standards in the world. Over the next few decades, the challenge...

Executive Summary A tax on financial transactions, or 'Tobin' tax, could protect superannuation investors, improve the operation of Australia’s capital markets and provide a source of tax revenue worth over $1 billion per year. Protecting investors

Summary The Centre for International Economics has modelled the impact of the following reforms on the Norfolk Island economy: ■ Core Reform — at the core of the proposed reforms is inclusion of Norfolk Island in the mainland’s welfare and Medicare systems. This would also necessitate participation in the mainland income taxation system ■ Other...

The release of the inter-generational report has given rise to much talk about inequality and the need for another look at our tax system. It's been five years since the release of the Henry Tax Review, a comprehensive study of our tax and transfer system, released at the time that the GFC hit. So how...