Speech - Address at the PwC Tax Reform Forum, Melbourne
Earlier today the Treasurer addressed the PwC Tax Reform Forum in Melbourne. Here is an excerpt:
It’s great to be here today to continue this important conversation about tax reform in Australia.
As you all know, I started this conversation with the Australian people back in March when I launched the tax discussion paper and stated the Government’s desire for a better tax system that delivers taxes that are lower, simpler and fairer.
This is the first step towards a Tax White Paper that the government will take to the Australian people at the next election.
It’s a conversation I want all Australians, wholeheartedly, to participate in. That’s because this is an issue that goes to the very heart of our nation; it affects almost every aspect of our lives, and the generations that follow.
And we’ve now reached a crucial point. The initial discussion period is largely at an end, and we’re ready to shift to the options paper stage.
So as we approach this, I want to give you an insight into the process to date; share with you some of the challenges that our Tax White Paper must address; and outline the Government’s principles in approaching the task of tax reform.