There has been much conversation recently regarding tax reform.The Turnbull Government has a clear goal - stronger growth and more jobs. In that context, we need to look at how we can make our tax system more growth friendly. That is, how can we improve the tax mix without increasing the overall tax burden in the economy?
One of the challenges is making our tax system more competitive.We need a taxation system that is fit for purpose, encourages people to work hard and save, assist small business to set up and risk its capital so people can be rewarded for their effort.
We are focussed on improving the tax mix and looking at how we can raise the money necessary for government to deliver important services in a way that doesn't detract from our economic growth opportunities.Tax reform is not simple, this is a very complex process and it's vital we get it right.
As a country we have had a good conversation about this reform over recent months. As a government we have discussed this extensively with State and Territory leaders, experts and the community.The Government will continue to consult before proposing a way forward and I welcome your thoughts on this important issue. Please feel free to contact my office on 5580 9111 or send your comments via Karen.firstname.lastname@example.org.
New Small Business Ombudsman
Kate Carnell AO was recently announced as the inaugural Australian Small Business and Family Enterprise Ombudsman.Small Business is the engine room of our economy it makes up 97 percent of the commercial sector contributing $340 billion to our economy and creating more than 4.5 million jobs.
This new role will be a key advocate for small business needs.It fulfils a key Government election commitment to establish an independent Ombudsman with real powers to act as an advocate for small businesses and family enterprises; a concierge for dispute resolution service to avoid costly litigation and assist in the development of Commonwealth laws and regulations.
Carnell brings extensive experience and knowledge to the role of Ombudsman.As someone who ran her own small businesses for 15 years before becoming ACT Chief Minister, she is well-positioned to translate the voices of small business into targeted policy messages for Government.
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