This paper outlines the present challenges facing the Australian economy and addresses the need for substantive, wholesale tax reform.

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 POCT – that is, the 2019 calendar year.

This paper looks at issues with conventional approaches to capital income taxation, such as the income tax, the capital gains tax and the cash-flow consumption tax.

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 wagering and betting activity by customers located in Victoria. This...

This paper discusses the tax and transfer treatment of private superannuation retirement saving and the public means tested age pension in Australia, and concludes that a more coherent retirement tax and transfer system can be achieved by reducing tax concessions and making the age pension means test less harsh.