Aug 19, 12:30 AM

Albanese Launches Three-Day Reform Talks to Jolt Australia’s Productivity

Prime Minister Anthony Albanese and Treasurer Jim Chalmers today open a three-day Economic Reform Roundtable in Canberra that they say will underpin the government’s second-term productivity agenda. About 45 business leaders, union officials, academics and state representatives are expected to discuss almost 900 written submissions covering tax, housing and regulatory overhaul. The agenda includes proposals raised by Productivity Commission chair Danielle Wood, such as re-examining a carbon price and introducing a cash-flow levy to replace some company tax payments. Other ideas likely to gain quick traction include streamlining housing approvals, harmonising trade qualifications across states and accelerating environmental-law decisions with artificial-intelligence tools. Albanese told reporters the meeting’s outcomes could be presented to cabinet “within days,” although he cautioned that detailed costings would be developed over a three-year reform drive. Economist Warren Hogan and several industry groups warned the talks risk delivering little more than symbolism if politically difficult changes—such as broader tax reform—are deferred. Treasury has asked participants to focus on budget-neutral measures, and any legislation will need support from cross-benchers, including the Greens. Reserve Bank Governor Michele Bullock is scheduled to set the economic backdrop in opening remarks.

#Anthony Albanese #Jim Chalmers #Economic Reform Roundtable #Canberra #Productivity Commission #Danielle Wood #Albanese #Warren Hogan #Treasury #Greens #Reserve Bank #Michele Bullock

Written with ChatGPT .

Albanese Launches Three-Day Reform Talks to Jolt Australia’s Productivity

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