Treasurer launches discussion on taxation system for the future

The federal government has begun what it wants to be a broad-ranging debate on tax reform.

Treasurer Joe Hockey speaks at the ACOSS breakfast about his new Rethink discussion paper.

Treasurer Joe Hockey speaks at the ACOSS breakfast about his new Rethink discussion paper.

The federal government has begun what it wants to be a broad-ranging debate on tax reform.

Treasurer Joe Hockey has released a government discussion paper, compiled by Treasury, saying taxation has been reactive and not proactive for many decades.

In Mr Hockey's words, for too long has Australia's tax system been about fixing past problems rather than creating a system for the future.

But, as Amanda Cavill reports, the treasurer insists there will be no changes to the GST without community and political support.

(Click on the audio tab above to hear the full report)

 


Share

1 min read

Published

Updated

By Amanda Cavill


Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world