After three days of talks, a fairer tax system is on the agenda. There’s no shortage of ideas
- Written by Stephen Bartos, Professor of Economics, University of Canberra
Day three of the government’s economic reform roundtable was about budget sustainability. It’s a slow burn issue. If the Australian government spends more than it raises in revenue, it has to finance the difference (the budget deficit) by borrowing. The most recent budget has forecast deficits for at least the next decade.
It is not an...
