Economy
frank
Tax reform crucial – treasurer
Tax reform is “crucial” to addressing Australia’s economic challenges, Treasurer Jim Chalmers has said in his strongest signal yet on the thorny issue.
Boosting stagnant productivity, bringing the budget back into balance, and making the economy more resilient are the treasurer’s main three priorities this term, he revealed on Wednesday in his first major speech since Labor’s landslide election win.
Chalmers previously flagged changes to competition and regulatory frameworks to fix Australia’s productivity slump but had shied away from commitments to additional tax reform, beyond those the government took to the May 3 poll.
AAP Newswire