Government revenue

Report

Some international themes in fiscal equalisation: an Australian perspective

Many countries allocate funds to regional governments to reduce disparities in government services. This is generally known as horizontal fiscal equalisation. Countries implement it in different ways, and with slightly different goals. This paper considers four well established systems, identifying differences and common themes.
Report

Impacts of beer excise rate cut

This paper discusses proposals to halve the beer excise in Australia. The authors suggest it could cost around a billion dollars over the next five years and undermine policies to reduce the abuse of alcohol.
Report

Report of the Inquiry into Commonwealth support for Victoria

This inquiry’s terms of reference asked the Committee to examine the adequacy of Commonwealth support for Victoria, specifically Victoria’s GST share and the impact of the end of the no-worse-off guarantee.
Working paper

State and Territory tax reform

The nature of Australia’s federation means the Commonwealth controls the principal revenue-raising instruments, but large expenditure responsibilities are left to the states. This paper focuses on reviews that the states and territories have undertaken to improve the quality of their tax systems.
Policy report

Putting a cap on community

Since 2016-17, the Victorian government has capped the amounts local governments can collect from their ratepayers. This paper argues that Victoria’s rate cap policy has inhibited a normal trend of expanding and improving local government services in line with population growth, rising living standards and...
Working paper

The lifetime fiscal impact of the Australian permanent migration program

The Fiscal Impact of New Australians model (FIONA) has been developed by the Treasury to estimate the fiscal impact of permanent migrants over their remaining lifetimes in Australia. This paper presents the methodological approach used in FIONA, along with the main modelling results.
Briefing paper

Budget analysis 2021-22: heroic assumptions and half measures

This briefing paper reviews the main features of the Australian federal budget 2021/22 from the perspective of workers and labour markets. In particular, it considers in detail a major flaw in the overall macroeconomic logic underpinning the budget.
Survey

Per Capita tax survey 2021

The Per Capita Tax Survey 2021 provides valuable insights into public sentiment towards the federal government’s role in the post-COVID recovery, and can be used as a valuable resource for policy-makers in the months ahead.
Report

Report of the Review of the Point of Consumption Tax on wagering and betting

The review analysed the effect of the Point of Consumption Tax (POCT) on wagering operators, the racing industry in Victoria and Australia’s major sporting codes. It considers the effect of the tax on wagering and betting during the first twelve-months following the implementation of the...
Evaluation

The Second Interval: evaluating the ACT’s 20 year Land Value Taxation transition after 8 years

The motivation for this tax transition was to improve the predictability, efficiency and equity of the ACT’s taxation system. Eight years into the twenty year transition it appears that the reforms are achieving all three objectives.
Policy report

How does the budget affect us? Independent modelling of Federal Budget 2020-21

NATSEM undertakes independent and impartial research that contributes to policy design and analysis. Their work includes models that show how policy scenarios shape tax and welfare payments. This report is based on the STINMOD+ tax and transfer microsimulation model, which is used to estimate the...
Strategy

Budget 2020–21

The Commonwealth Budget 2020–21 was introduced to the Australian Parliament by Federal Treasurer, Josh Frydenberg, on 6 October 2020.
Survey

Per Capita tax survey 2020

The tenth annual Per Capita tax survey provides an unparalleled insight into the views held by Australians of all ages, from across the country, about the role of tax and public services in our national life. It provides valuable insights to policy makers for the...
Briefing paper

Stamp duty to land tax: revenue impacts of 'grandfathering' and 'opt-in'

This brief summarises new modelling on the revenue impacts of the model floated by the NSW Treasurer, and explains the key trade-offs involved to inform public policy debate.
Working paper

Scope and funding of local government: an international comparison

The scope of local government in New Zealand and its sources of revenue (mainly property taxes) are much more constrained than in most other high-income countries. This paper compares New Zealand with other high-income countries in the distribution of functions across central and local government...
Strategy

Budget 2019–20

The Australian Government budget sets out the economic and fiscal outlook for Australia and includes expenditure and revenue estimates for the current financial year, the budget year and three forward financial years.
Report

Skatt: treasure and tax in the Nordic countries

Tax is the price we pay to live in a civilised society. This paper explores the lessons Australia could learn from Nordic countries, such as Norway, in providing leadership for revenue raising options in Australia.
Fact sheet

Fact Check: Does the projected increase in revenue from the Government's crackdown on illicit tobacco rely on smokers switching to legal product?

The Government has used its 2018 federal budget to announce new revenue from a crackdown on illegal tobacco. But Liberal Democrats senator David Leyonhjelm says the measure will “never raise anything like $3.3 billion”, forecast in the first year, claimin
Fact sheet

Point of Consumption Tax: fact sheet

From 1 January 2019, the Victorian Government will replace the current wagering and betting tax structures with a point of consumption wagering and betting tax (POCT). The POCT will apply at a rate of 8 per cent of the net wagering revenue derived from all...
Report

Red tape and Australia’s economic malaise

One focus of this paper is on the fiscal incentives faced by state governments and how these incentives cause regulatory problems. This suggests reforms to the federation, worthwhile for many reasons, will also assist in cutting back Australia’s red tape burden.