In a media release issued on 16 October 2009, the Assistant Treasurer, Senator Nick Sherry, announced the composition of the Tax Design Advisory Panel, the purpose of which is to enhance consultation with the business community in the development and design of new tax laws.
The Panel comprises thirteen organisations, selected by public tender, and includes five accounting firms, five law firms, two economic research and modelling houses and one legal academic and research organisation. They are listed in the media release.
The Panel will be engaged by Treasury through a case-by-case process in which the whole panel, or a subset of the panel, are approached for a particular task. Panel members will nominate personnel they believe are best suited for the task and Treasury will select one or more experts. Where a known expert on a particular topic is available through one panel member, Treasury can approach just that organisation.
For a copy of the Minister's media release, No 2009/072, 16 October 2009, go here