Australia's Future Tax System

No. 2009/01
25 February 2009

Tax Review invites Australians to have their say

The Australia’s Future Tax System Review Panel is holding a series of public meetings in all capital cities and two major regional centres in March to listen to people’s views about what parts of the tax and transfer system are working well and what they would most like to see change.

Community participation is vital to the success of the review. People do not need to be expert in tax, family assistance or income support to participate.

The Review Panel would like to ensure views and ideas from a wide cross-section of the community are considered and urges interested Australians to take advantage of the opportunity to participate. This includes people who are working, studying, running a business or a community group, caring for family members, retired or receiving income support, are single, or have a partner or children.

The fairness and efficiency of our tax and transfer system are matters that touch the lives of all Australians. This review is an opportunity to ensure the tax and transfer system is well positioned to help us meet our future economic, social and environmental challenges and secure Australia’s future prosperity and the living standards of all Australians.

Members of the public who are unable to attend a public meeting can still share their views with the Review Panel by completing an online questionnaire on the Australia’s Future Tax System website from 16 March 2009.

Registrations for the meetings are essential. To find out when and where meetings are being held, to register or to complete an online questionnaire, please visit www.taxreview.treasury.gov.au or call 1800 614 133.

Background

On 13 May 2008, the Australian Government announced the review into Australia’s Future Tax System.

The review is examining Australian Government and state taxes, and interactions with the transfer system. It will make recommendations to position Australia to deal with the demographic, social, economic and environment challenges of the 21st century.

The Review Panel is chaired by the Secretary to the Treasury, Dr Ken Henry AC, and also comprises Dr Jeff Harmer (Secretary of the Department of Family, Housing, Community Services and Indigenous Affairs), Professor John Piggott (University of New South Wales), Ms Heather Ridout (Australian Industry Group) and Mr Greg Smith (Australian Catholic University).

In August 2008 the Treasury’s discussion paper Architecture of Australia’s tax and transfer system was released and the Review Panel invited submissions from the public.

Approximately 500 submissions have already been received and views expressed were highlighted in the Australia’s Future Tax System Consultation Paper, released on 10 December 2008.

The Review Panel is seeking further submissions to the review, which can be made up until 1 May 2009.

Issues and questions raised in the submissions and at public meetings will help the Review Panel shape its recommendations for the final report in December 2009.

Media contact: Tony Murray 02 6263 3736

Note to media:

  • Members of the media are welcome to attend but, due to limited space, registrations are essential. To register, please contact Tony Murray on 02 6263 3736.
  • Please note that cameras, video cameras and other recording devices will not be permitted inside the venue to ensure that people feel comfortable providing their views and ideas to the Review Panel.

25 February 2009