Productivity growth results in more valued output per unit of production input, or the same output for fewer inputs. Growth of productivity requires changes involving the adoption of new technology, better…
Flat earth approach: the tax burden on housing accounts for much of the financing cost of a new home.
AAP
A fundamental truism of economics is that if you tax something, you get less of it. Tax is thus a good place to start in seeking to explain why Australia’s housing market is chronically under-supplied…
The tax transfer system does not treat all families equally.
Sean Dreilinger
Most of the reforms proposed by the Henry Tax Review appear to have died a quiet death. In his recent article on inequality in The Monthly, Treasurer Wayne Swan does not mention the Henry Review at all…
Cutting company tax rates reflects Labor's continuing acceptance of a neoliberal agenda when it comes to tax reform.
AAP
The introduction of the Minerals Resource Rent Tax into federal parliament marks the next step in Labor’s neoliberal tax reform agenda.
Another example, the carbon tax, is poised to pass through the Senate…
Ken Henry at the Tax Forum: talkfest or useful?
AAP
So the Tax Forum is done and dusted. Was it simply a talk-fest? Or a useful exchange of ideas? We’ll have to wait and see.
In the meantime, if you missed anything, don’t despair: we’ve collected some…
Carers lose out in the current welfare system.
Flickr/dominikgolenia
Almost 50 cents of every dollar spent by governments in Australia goes on social spending – either social security or health and community services. This week’s tax forum must reform the system, as the…
How safe is your nest egg from share market fluctuations?
Flickr/peregrinari
Think the share market volatility doesn’t affect you? Guess again.
With almost 60% of Australian superannuation funds invested in shares, anyone paying compulsory super contributions has something to…
Many of Ken Henry's changes have been adopted, but is it reform?
AAP
At first glance, the Federal Government’s carbon tax plan appears to carry out significant income tax rate reform in the guise of carbon price compensation.
Indeed, the proposed tax rate reforms adopt…
Prime Minister Julia Gillard and Climate Change Minister Greg Combet address a press conference on Sunday. A carbon tax package announced today includes compensation measures and a radical overhaul of income tax policy.
ABC News24
The Australian government announced on Sunday it would introduce a carbon tax at $23 a tonne next July, rising 2.5% annually plus inflation and moving to a market-based emissions trading scheme in 2015…
Treasury Secretary Dr Martin Parkinson has said boosting Australia's productivity is essential.
AAP
In his address to the Economic and Social Outlook Conference last week, Treasury Secretary Dr Martin Parkinson called for a renewed focus on boosting Australia’s falling productivity to ensure living standards…
Does the budget lessen or deepen the male-female divide?
The Budget: What does it have to do with tax reform?
This year’s budget claims to “progress the government’s tax reform agenda, improving fairness and integrity in the tax system”. Does it? The short…
Significant: Ken Henry's tax review deserves to be on the national agenda.
AAP
The Henry Review released in May last year provided the Commonwealth and state governments with a wealth of good ideas for reform, yet so far the political processes have failed to deliver reforms.
Why…
In recent years productivity growth in Australia has been in alarming decline.
A series of government reports have identified some of the causes: infrastructure and skills inadequacies, bottlenecks and…