Australian Federal Treasurer Jim Chalmers' Economic Roundtable has proposed ten recommendations aimed at enhancing productivity across the country. Among the key reforms is the introduction of road-user charges for electric vehicle (EV) drivers, expected to be implemented within months. Chalmers has indicated openness to major tax system changes during this parliamentary term, framing potential reforms through an intergenerational perspective, though he has ruled out an immediate comprehensive review of the nation’s revenue system. The proposed reforms also include accelerating approvals for housing and clean energy projects and encouraging investments in artificial intelligence. The economic roundtable’s outcomes have elicited criticism from opposition figures, with Shadow Finance Minister James Paterson accusing the Labor government of planning extensive tax changes without a clear mandate and failing to address Australia's investment challenges. Business leaders have cautioned against squandering Australia's competitive advantages amid these policy discussions.
Jim Chalmers has opened the door to tax reform through an ‘intergenerational lens’ but ruled out an immediate review of the nation’s revenue system. Latest: https://t.co/RwTeP8BRIm https://t.co/jKSTnklNqr
Return-to-work tensions reflect deeper questions about how different people work best and what modern organisations actually need to succeed. @libbysander @BondUniversity https://t.co/RfFXKapWdY
Australia must not squander its “many great competitive advantages”, a business leader has warned after Labor wrapped up its economic roundtable. https://t.co/m005MfMGLY