‘Holy grail’: treasurer hails quick wins as summit ends

A tax for driving on the Australian roads and faster home creation approvals can be introduced soon after the government’s economic round table meeting, but larger ticket reforms may take longer.

The three -day summit has produced 10 open consensus spaces for reform, which Treasurer Jim Chalmers says it would help to obtain the “Holy Accident ı for everyone gathered in the Parliamentary House Cabinet Room: higher efficiency and living standards.

Making houses more affordable and attracting business investments unions, politicians, business leaders, civil society and economists in participation can all agree.

However, while Dr. Chalmers acknowledges that the tax system is “flawed, especially in terms of international injustice, and there was no agreement on a wider tax reform.

Instead, the government will continue to consult the tax system more fair for workers and young Australians, and that businesses invest in investment and more simple and more sustainable.

Dr Chalmers, “Our opportunities and risks are finely balanced in our economy, society and in the world.

“If we include more people in this task, we believe that we give ourselves the chance to be the best in the world to face these difficulties, honestly and decisively.

“This was the last three days.”

Treasurer, 29 -hour discussions and 327 different contributions after some fast win.

A way to contribute to the road maintenance of electric vehicle drivers and to make a hole in the budget as the fuel consumption income dried up, there was a “ordinary consensus” in the application of the user fee.

The government will quickly work to accelerate a new Environmental Protection Law to eliminate discomfort tariffs, reduce the complexity of the construction code, accelerate project approval and develop an artificial intelligence plan for public service.

Other areas such as modular construction methods will take more time to speed up the house building and make undergraduate standards on state and regional lines.

Dr Chalmers excluded another long foreign tax review and left the door open to tax changes before the next election.

Road user fees and rapidly changing multinational tax environment in the work on the “You can not apply the blanket rule,” he said.

Among the participants, there was less consensus than areas such as regulation and skills around the Vexed tax issue.

Some changes involved the abolition of the stamp tax in favor of land tax, the raise of GST and the taxation of labor separately from capital.

The unions defended negative gears for a complete tax measures package such as limiting negative gears to an investment purpose, 50 percent reduction in capital earnings tax and tax lifting on family confidence.

Sally Mcmanus, Secretary of the Australian Unions Council, returned to the calls to reduce the corporate tax rate, which business groups would make Australia more competitive in the international arena and increase foreign investment.

“In fact, we want our health system to be financed properly. In fact, we value all this,” he said.

Cassandra Goldie, Chairman of the Australian Social Service Council Executive Council, has reduced the union’s taxpiece more and reduced housing concessions, argued that Australia is not given according to OECD peers.

“As a country, we do not have a problem for spending,” he said.

Shadow Treasurer Ted O’Brien did not strongly participate.

After two days of honor and conformity, Mr. O’Brien entered Dr Chalmers during an interruption of effective government expenditures, accusing the government of lack of financial restriction.

Only the opposition representative said in a break, “I have prepared a test to stop the expenditure madness that started with the introduction of measurable financial rules today,” he said.

Mr. O’Brien asked the government to put a roof on public expenditures, setting time -dependent targets to reduce the bureaucracy and make total system cost analysis of the energy system.

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