Part 6/8:
The Productivity Commission’s outline for the roundt features a laundry list of tax reforms, including replacing stamp duties with land taxes, reducing income tax concessions, and introducing road user charges to fund transportation and emission reduction initiatives. However, critics remain skeptical, pointing out that these measures often seem more like revenue-raising gimmicks rather than genuine productivity-enhancing reforms.
The broader economic context is grim: a government budget in disarray, a struggling economy, and policies that exacerbate the problem—regulation, energy policies, union power—are cited as major drags on growth.