An assessment of Australia's the strengths and weaknesses of taxation system. Adam Smith said that a good taxation system should be equitable between taxpayers, certain in its impact on each of them, simple to comply with and parsimonious in its administration costs. Sadly, the Australian tax system is none of these. In fact, if you...

This paper shows that the proposed reforms would consolidate the existing family tax system, which clearly fails in terms of both fairness and disincentives. In the early 1980’s Australia had a highly progressive individual income tax and universal family payments. The paper proposes a return to a strongly progressive individual based income tax and universal...

This Review (also known as the Henry Tax Review) considers how Australia can best structure its tax and transfer system to meet the challenges of the 21st century and to enhance its economic and social outcomes. The Review identified a wide range of reform opportunities that can deliver this vision. The main directions and proposals...

This paper offers a theoretical inquiry into the institutional arrangements to enable an innovative land restitution model for Sydney within a new Republic, by vesting the superior interest in land (and buildings thereon) in the stewardship of the customary indigenous guardians (rather than the State or Crown).

Capital gains tax raises little revenue, but at a substantial cost in terms of economic efficiency, says CIS Research Fellow Dr Stephen Kirchner in his new report. At best, CGT is an anti-avoidance measure. Yet CGT is itself readily avoided through the deferred realisation of capital gains.