Month: May 2015

Australia´s economic challenges in three graphs

Australia is a prosperous nation. In the decade to 2012 we reaped the benefits of a term of trade boom which further increased our wealth. But the boom has proved to be temporary and is unlikely to be repeated in the near future. Our next phase of growth will require measures that increase the productivity […]

Re:think or repeat? Australia´s tax system needs a better vision

Deteriorating economic conditions are making tax reform more essential than ever. The underlying budget deficit is widening as the resources boom unwinds, compounding existing issues, such as an ageing population, with sluggish economic growth and decade-high unemployment levels. Just five years after the Henry Tax Review released its recommendations, another federal tax is underway – […]