The Tax Institute was extensively quoted on page 5 of the Weekend Financial Review of 27?28 August 2011: "Forum table set: from ACCI to Kochie". The article reports on the release by the Government of the attendee list and draft program for the Tax Forum in October. We comment that there are scant details on how the Forum will work; business tax reform will be completed before lunch on day one, which will inspire the 184 participants to knock over state, environmental and social taxes after lunch. Whilst it is good to have the debate, more structure is needed to ensure robust sessions and proper reform.
We received coverage in the Australian Financial Review of Tuesday 30 August 2011: "Fervent groundwork despite uncertainty"(page 5), in relation to The Tax Institute's and Australian Tax Research Foundation's 'Great Tax Debate' to be held the following day. The article details the reasons behind the Debate and some of the speakers. It also discusses the Government's October tax forum, and highlights The Tax Institute's leadership in hosting the Great Tax Debate to provide a platform for public discussion of tax reform options ahead of October. The Government must engage in the work and analysis now, if we are to have any hope of achieving tax reform in the medium term; they need to have a structured and properly laid out plan.
Also on 30 August, we had an opinion piece on tax reform and the Great Tax Debate published in The Punch, please click here to read.
On 31 August 2011, our Great Tax Debate received widespread media coverage, with numerous media outlets in attendance: The Australian Financial Review, The Australian, AAP, ABC Radio, ABC TV, Sky Business News and ABC Lateline Business.
To preview the event, I conducted early morning radio interviews on 2UE, 2GB, 2SM and Mix FM.
On the following day, 1 September 2011, I gave further radio interviews on: ABC Radio Brisbane (both Morning program and Drive program); and ABC Radio Adelaide Drive program; these were in relation to the prospects of greater tax reform with the GST being included in the debate.
Press coverage on 1 September included the following: The Australian Financial Review: "Henry expert blasts reform" (page 4), which reports on Greg Smith's comments at The Great Tax Debate on the lack of Government consultation on tax reform. It also reports on comments made at the Debate by Rob Oakeshott MP and Senator Mathias Cormann. The Tax Institute is quoted as backing calls for an independent body to be established to engage the Government on tax reform and keep it on the radar. The body would be tasked with creating implementation plans or blueprints to progress various tax reform 'visions' from the Henry review. Rear Window in the AFR of 1 September also carried a story on events at The Great Tax Debate.
The Australian reported: "Expand national tax summit, says Oakeshott". The Sydney Morning Herald said: "GST will have to rise above 10%: tax expert"; and The Daily Telegraph said: "Federal MP Rob Oakeshott says Australia should consider a road congestion tax".
Also on 1 September 2011, ABC NewsRadio Sydney interviewed The Tax Institute on the ATO's success in identifying fraudulent refund claims.