1. Tax Policy Challenges in a Changing World

2. Unintended Consequences of Tax Rob Marston, “Window Tax”, 1 September 2010 uploaded via Flickr, creative commons licence

3. Sources of tax revenue, 2011-12

4. Growth in assets in Super funds

5. Timeline of company tax changes

6. Effective Marginal Tax Rates Couple with children aged 13 and 15, 2012-13

7. Growth in different business structures Source: ATO Taxation Statistics 2009-10

8. How Australia compares to OECD Source: OECD. Total, income tax and consumption tax revenue data is from 2009. Company tax rate and top all-in marginal personal income tax rate are from 2010. ‘All-in’ includes social security contributions for applicable countries.

9. Where should Australia sit? Openness LowHigh GDP Large (Relative reliance on Income Taxes ) France; Mexico; Spain (consumption) Korea (consumption) Small ( Relative reliance on Consumption taxes) Poland; Portugal; Turkey (consumption) Denmark; Finland; Norway; Luxembourg (income) Canada; Italy; Japan; UK; USA (income) Belgium; Germany; the Netherlands; Sweden; Switzerland (income) New Zealand (income) Austria; Czech Republic; Greece; Hungary; Iceland; Ireland; Slovakia (consumption) Australia?