General observations The case for reform of the taxation and social security systems, together with reform blueprints, were provided in the Henry Review released in May 2010. To the Henry Review reform proposals should be added a more comprehensive and higher rate GST, and the option of no-bars reform of the taxation of superannuation, both...

Executive summary A reliable and affordable supply of energy is a fundamental component to a vibrant economy. As a major source of commodities, including significant known reserves of low carbon emission energy sources, Australia is well positioned to supply the world’s future energy needs. In order for that to occur, Australia needs to examine all...

Introduction

Macro outcomes A simple projection of current trends is that in ten years Australia’s population will reach 26.3 million, GDP in nominal dollars will be just short of $2.5 trillion (and in today’s dollars a round $1.8 trillion), and GDP per head in today’s dollars will be $68,400 compared to $59,000 now. There will be...

The world is wrestling with the challenge of ensuring an ongoing supply of energy that does not damage the environment while enabling billions of people to appreciate the benefits of modern life. Global interest in renewable technologies is accelerating the maturity of many of these energy sources. These efforts are vital if the quality of...