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Submission to Australian Government Economic Reform Roundtable

Anti-Poverty Week supports the Federal Government’s economic reform initiatives and moves to adjust the taxation system to meet the needs of people experiencing poverty and to reduce poverty in Australia.

For more than 20 years Anti-Poverty Week has operated in Australia around the 17th of October, the UN Day for the Eradication of Poverty. Our purpose is to help Australians understand poverty and to take action collectively to end it.

Bold policy and legislative reform is needed to ensure Australia’s future prosperity where all can benefit from the wealth and opportunity created by a thriving economy and society. We support reforms to our tax and transfer systems that are sustainable. Adjustments at the margins will be insufficient to achieve both the productivity and equity goals being sought. There is an appetite for more substantive policy and legislative changes.

APW supports changes that create a fairer distribution of the nation’s wealth and opportunities in an environment of growing inequality in Australia. Changes to our taxation system must be driven by two important considerations – how do they change behaviours that help to create greater productivity and participation in our economy and how do they secure in the fairest way possible the revenue needed to deliver essential government services and supports.

While there is an opportunity to consider a broad range of reforms and initiatives through the Roundtable deliberations APW puts forward the following key positions for consideration.

Read the full report here.