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Abandon bad taxes

Flinty Deloittes economist Chris Richardson and all-heart ACOSS chief Cassandra Goldie are on the same page today in the Australian Financial Review. Literally – page 47. Their tax policy prescriptions, now Malcolm Turnbull has ruled out increasing the GST, are...

Beware of Greeks bearing gifts

The economic impact of stamp duty, a study by Deloitte Access Economics for the Property Council of Australia released yesterday, finds Australia’s GDP would increase by $3.3 billion and real consumption by $9.7 billion if conveyancing stamp duty was replaced by an...

A GST hike will hurt everyone. Everyone.

The AFR’s economics editor Alan Mitchell has taken a Treasury briefing. He is out this morning offering all sorts of reasons why a broader, higher GST is a brilliant master-stroke that deserves universal applause. He knows, we all know, a Goods and Services Tax is...

Land Tax Benefits Build

The chorus continues to grow for the inclusion of Land Taxes in the national tax debate. Economics editor for The Age Ross Gittins advocates his support for Land Tax in How to fix everything: Why? Partly because GST is a regressive tax, whereas land tax is...

Value Capture Variants

Last Thursday Catherine Cashmore and I addressed the Select Committee into the Scrutiny of Government Budget Measures. Read the Hansard transcription. We felt it important to put on the public record the various value capture mechanisms with commentary on their...

Mike Nahan – the ‘roo in the headlights

Government reform is a grind. It chews up political capital and can destroy public careers in a moment. Change provokes furious responses from vested interests while those who gain are dispersed and ungrateful. WA Treasurer Mike Nahan has solved this problem at a...

Australia cries ‘Aorta!’

Australians love to whinge about our bust federal system. It is a national sport where we stand around with hands in pockets and call out “Aorta!” “Aorta deregulate!” “Aorta fund schools! “Aorta cut taxes!” “Aorta build roads! Consider our public hospitals –...