The architect of Australia’s last major tax review says he is “absolutely stunned” that so few of his recommendations have been adopted a decade later.
Dr Ken Henry was Treasury secretary under the Howard, Rudd and Gillard governments. He says it is “extraordinary” that Australia does not have a “coherent” or “rational” climate and energy policy, and that this is costing the nation. He also warned that “everybody’s going to lose” if there is no major tax reform, as governments run out of money to provide essential services.
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