This final review report finds that while the federation had served the nation well, creeping centralisation and an increasing administrative burden in the financial relations between the Commonwealth and the states has prevented the nation from being as economically efficient as we can be.

In the paper, the authors study the incidence of capital income taxation in a dynamic general equilibrium model with heterogeneous firms and lifecycle households.

This paper examine the welfare implications of removing stamp duty in a general equilibrium overlapping generation model with heterogeneous agents.

This paper focuses on 1975 'Asprey Review,' which provided a blueprint for reform of the Australian tax system.

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.