The Future of Tax: Australia’s Current Tax System
The first in a series of papers that the BCA is releasing in order to build a shared understanding of Australia’s tax reform challenges and priorities.
Submission in Response to the Business Tax Working Group Discussion Paper
The findings of the Business Tax Working Group should be rolled into a 10-year comprehensive tax reform process.
Submission To The Review of Tax And Corporate Whistleblower Protections in Australia
The Business Council supports strengthening Australia's whistleblower protection regime for individuals reporting credible information about corporate misconduct.
Submission on the Draft Tax Integrity Multinational Anti-avoidance Law
This submission provides feedback to the Department of Treasury exposure draft of the Tax Integrity Multinational Anti-avoidance Law Bill 2015.
Tax Reform: Article by Jennifer Westacott
6 August 2015
A better tax system that will grow the size of the pie by growing the economy is also a key to paying for a good health system and our social safety net.
Corporate Tax Bounty Should Not Be Taken For Granted
10 September 2004
Australia’s corporate sector said that the strong figures released today as part of the Charter of Budget Honesty were substantially a result of the contribution made by Australia’s corporations and should not be taken for granted.
Doing Nothing on Income Taxes is Clearly Not an Option
12 February 2016
Treasury tax reform analysis proves that doing nothing to alleviate the burden of income taxes is not an option.
Raise the GST, and Cut Personal and Company Tax to Support Growth
18 March 2010
A switch in the tax mix to reduce personal income and company taxes and make greater use of the GST will encourage investment and offer greater incentives to working Australians writes Katie Lahey in The Australian.
Submission to the Independent Pricing and Regulatory Review Tribunal Review of State Taxation
In a federation like Australia, the overall competitiveness of the business tax environment hinges on an effective interrelationship between the tax systems of competing jurisdictions.
Repeal of Mining Tax Should Be Supported
24 October 2013
The parliament should accept the strong mandate the community has given to the government to abolish the mining tax, BCA CEO Jennifer Westacott says.
Corporate Taxation: An International Comparison
21 November 2007
Australia has one of the highest corporate tax burdens in the developed world, BCA analysis finds.
Only Business, Large and Small, Can Help Australians Get Ahead
3 June 2016
When you attack business, you attack the prospects of every Australian worker, because business together employs more than 10 million Australians – eight in every 10 workers.
Bold Tax Reform the Key to Unlock our Growth Potential
14 June 2009
The BCA submission to the Henry tax review sets out options for tax reform that will better support economic growth in the years ahead.
Mining Tax Changes Welcome, But Process Far From Ideal
2 July 2010
The Prime Minister’s announcement today goes some way to alleviating those concerns and the proposed arrangements represent an improvement on the initial scheme.
Submission to the Treasury regarding the Monthly Pay As You Go Instalments for Large Taxpayers Consultation Paper
March 2013 – The government’s proposal to change the timing of company tax payments by large companies is not without risk to the operating environment for businesses.
Tax Forum a Chance to Make a Compelling Case for Reform
20 March 2011
Statement by Business Council of Australia Acting Chief Executive Maria Tarrant.
Time to Press Ahead on Option 2: BCA
8 August 2000
The Business Council of Australia today welcomed the Treasurer’s commitment to the adoption of the Tax Value Method (Option 2), and urged that its introduction not be unduly delayed by the removal of the July 1, 2001, deadline.
The Need for Ongoing Tax Reform a Key Legacy of Dr Henry
21 December 2010
Dr Ken Henry has been one of Australia’s foremost public servants in a department that is at the heart of the key economic policy debates before the nation.
Tax Reform Should Remain Centre Stage Says BCA
15 January 2004
The Business Council of Australia said that reform of Australia’s taxation system should remain centre stage for 2004.
Corporate Taxes Pay For Family-Friendly Budget
11 May 2004
Australia’s corporate sector said personal tax cuts and family spending outlined in tonight’s federal Budget were a welcome boost for ordinary Australians but attention should now be directed to Australia’s corporate tax system.
Response to the Draft Report of the Business Tax Working Group
24 October 2012
What remains important is that the government commits to the goal of a 25 per cent company tax rate as part of a comprehensive, decade-long tax reform process and as fiscal circumstances permit.
Tax in Need of Change
17 November 2006
CEDA 2016 Economic and Political Overview Keynote Speech by Catherine Livingstone
9 March 2016
Business Council of Australia President Catherine Livingstone gives the keynote speech at the CEDA 2016 Economic and Political Overview event in Sydney.
BCA Welcomes Momentum for Comprehensive Tax Reform
24 August 2015
The reality is that the case for comprehensive tax reform is compelling because Australia is falling behind the world on competitiveness and productivity.
Progress on Tax Competitiveness
16 June 2004
The Business Council of Australia has welcomed ALP and Democrat support for a bill that will improve Australia’s commercial competitiveness in the global economy.
Statement on Corporate Tax
19 August 2015
The Senate inquiry into corporate tax has highlighted the importance of global efforts to ensure the international tax system remains robust.
BCA Welcomes Comments On Tax Option Two
2 June 2000
The Business Council of Australia has welcomed confirmation in Parliament yesterday by the Treasurer, Mr Costello, that the government had an in-principle commitment to a July 1, 2001, start-up for the Tax Value Method.
Corporate Tax: Article in the AFR
20 February 2015
The Senate's inquiry is a welcome opportunity for considered and informed discussion about the performance of our corporate tax system.
Jennifer Westacott on PVO Newsday
28 September 2016
Business Council Chief Executive Jennifer Westacott on PVO Newsday, Sky News Live 28 September 2016.
Time to End Simplistic Rule In Rule Out Politics
7 November 2015
Tax reform cannot only be about the GST, but we can't have a proper debate about the optimum tax system if the discussion doesn't include the GST.
Tax Reform Key to Our Future Growth
28 April 2006
Tax Reform: A Much-Needed Investment for the Future
26 June 2000
Mr Campbell Anderson, President of the Business Council of Australia, today urged Australians to keep their sights on the fundamental benefits of the reforms to our taxation system...
Change of Policy Must Benefit All Businesses
27 March 2012
The current debate in Canberra about which sector of Australian business, large or small, most needs or deserves a tax cut is dangerously misleading.
ACOSS and BCA Joint Statement on Tax Reform
21 July 2015
Groups call on Australia's leaders to approach the task of tax reform in an open, inclusive and transparent way.
Senator Xenophon Urged to Back Lower Taxes For All Businesses
19 October 2016
Senator Xenophon urged not to miss a massive opportunity to revive South Australia's flagging economy.
Economic Reforms Needed to Build a Better Future
23 January 2016
How positive do we feel about our nation’s place in the world and our capacity to realise these opportunities? How confident are we that our children and grandchildren will enjoy the same quality of life as we do, or something even better?
BCA Endorses Higher Education and Tax Reform
13 May 2003
The Business Council of Australia has welcomed the federal government’s Budget, particularly steps to improve Australia’s higher education sector and international taxation regime.
Reduce Company Tax and Our Economy Will take Off
23 June 2016
BCA Member, Qantas CEO Alan Joyce, writes in the Herald Sun newspaper about how a trip to his homeland of Ireland reminded him why lower company tax will help Australia's economy take off.
Governments Must Target Tax System for Fundamental Reform
11 April 2005
Business today called for a broad review of fundamental aspects of the tax system that pose major threats to Australia’s future prosperity while proposing a series of reforms to address immediate problem areas.
Preparing for a Better Future: Progressing Comprehensive Tax Reform in Australia
Business Council of Australia submission calls for a 10-year program of reform of the tax system and government expenditure.
Pledge to Lower Company Tax a Boost for Confidence, Jobs
7 August 2013
The Coalition’s pledge to cut the company tax rate to 28.5 per cent is an important signal for confidence, investment and jobs.
Opportunity Must Not Be Lost to Prepare for the Future
5 October 2011
Some welcome and important first steps have been taken at the national tax forum but we are a long way short of a 10-year plan to overhaul the tax system and improve the efficiency of government spending.
Time to Review the Dead Weight of Australia’s Business Taxes
9 April 2007
A new report on business taxation in Australia has found that the country’s business sector is being increasingly weighed down by a tax system which is inefficient, overly complex and levies too many taxes for little return.
Improvements to Tax System Welcome: BCA
16 February 2006
The introduction of measures to relieve the tax burden on skilled temporary residents is welcome.
The Great Tax Debate: How Should the Government Spend Our Surplus?
15 January 2006
Australia can do nothing, or it can face the future and our competitors with confidence, writes Katie Lahey in The Sunday Herald Sun.
Tax Forum: Additional Comments
21 March 2011
The proposal to build the tax forum around six sessions corresponding to the main chapters from the Henry review is sensible, extends across areas of considerable interest to the BCA and is supported.
Article on Company Tax by Jennifer Westacott and Frank Drenth
7 October 2014
Misleading report unfairly tarnishes the reputation of many Australian companies, the ATO and risks setting back the tax reform debate Australia needs.
Make Business Strong and We Are All Winners
30 June 2016
Business groups representing more than 360,000 businesses employing more than 6.2 million people explain why, in a global environment, a more competitive company tax rate is vital for a strong Australia.
Statement on Company Tax Uncertainty
6 February 2015
A two-tiered company tax rate would introduce a major distortion in our tax system at a time when all businesses are struggling to stay competitive.
Realising Our Full Potential: Tax Directions for a Transitioning Economy
Australia needs comprehensive tax reform that brings the whole community along and delivers a tax system that works for all Australians.
Trump’s tax changes mean we all must knuckle down
28 December 2016
The essential challenge for 2017 is to seize the opportunities, and avoid the pitfalls, that have been left the wake of a tumultuous year, writes Jennifer Westacott.
Business Tax Cut Debate Highlights the Pitfalls of Policy on the Run
14 March 2012
What is needed is a debate about what is the right tax system to keep Australia competitive in a challenging global economy.
Jennifer Westacott on Sky News
29 March 2016
Chief Executive Jennifer Westacott interviewed on Sky News discusses the path for transforming the tax system to improve the living standards of all Australians by supporting economic transition and accelerating growth.
Australia Deserves an Informed Conversation on Tax Reform
1 November 2015
Politicians need to respect the community enough to let them have an informed conversation about tax reform.
Surplus Should Prompt International Tax Rethink
1 October 2003
The greater-than-expected budget surplus removed all limitations for federal Parliament in passing legislation which will reform Australia’s international tax regime, the Business Council of Australia said today.
Initial Submission to the Australia’s Future Tax System Review
Why tax policy must be oriented towards long-term strategic growth and flexibility.
Doing Nothing on Tax Reform is Simply Not an Option
8 February 2016
Leaving our tax system the way it is now is unproductive, unsustainable and ultimately unfair.
Business Council Statement on Company Tax
15 September 2016
If the Parliament abandons the 10-year enterprise tax plan it is effectively giving up on Australia’s global competitiveness.
The Tax Attack: Governments Hit Companies
10 April 2007
There is a compelling case for a major rethink of Australia’s business taxation system, Katie Lahey writes.
Boldness Will Put Us on Top by 2012
16 May 2008
Everything should be on the table when it comes to tax reform, urges Greig Gailey in The Australian.
Business Council Submission to the Senate Inquiry on the Enterprise Tax Plan Bill
The Business Council has recommended the Senate pass the Enterprise Tax Plan Bill without amendment to lay foundations for future growth.
Business Council Submission to the Senate Inquiry on the Income Tax Relief Bill
The Business Council has recommended the Senate to pass the Income Tax Relief Bill without amendment.
Business Council of Australia Releases Tax Directions for a Transitioning Economy
8 March 2016
The BCA has released a paper today that sets out a path for transforming the tax system to improve the living standards of all Australians by supporting economic transition and accelerating growth.
Clearing the Tax Backlog a Boost for Business Certainty
6 November 2013
The federal government’s plans to deal with the backlog of 92 unlegislated tax and superannuation measures should boost business certainty and confidence.
Tax Competitiveness Report the Start of Reform, Not the End of Debate
12 April 2006
The report into Australia’s tax competitiveness confirmed that key areas of Australia’s tax system are not competitive and need immediate reform.
As Business Fills Canberra’s Coffers, We Need to Move on Tax Reforms
24 August 2007
Despite Treasury indicators of a strong economy, this is no time for complacency on tax reform, Katie Lahey argues.
Lopping the Tax Review Cuts Opportunity
26 June 2008
Limiting the scope of the federal government’s tax reform process reduces opportunities for Australia.
BCA Statement on Government Tax Reform Discussion Paper
30 March 2015
The Federal Government’s tax discussion paper highlights serious structural flaws in tax system that are undermining national competitiveness.
7 May 2002
News reports claiming the BCA has called for a radical overhaul of the tax system are wrong.
Statement on Tax Reform
16 July 2015
Any policy reform is hard, but that is not an excuse for resiling from the challenge.
Submission to Senate Inquiry into Corporate Tax Avoidance and Minimisation
This inquiry is an opportunity for a considered and evidence-based debate on the emerging issues of global taxation arrangements.
Jennifer Westacott on Sky News Live 5 June 2016
5 June 2016
Jennifer Westacott on Sky News Live, Sunday Agenda with Peter van Onselen and Paul Kelly.
The Future of Tax: Tax White Paper Initial Submission
Australia needs a comprehensive package of tax reform that brings the whole community along and delivers a tax system that works for all Australians.
Holistic Review Is the Holy Grail
30 June 2008
Australia needs a thorough analysis of taxation’s role in the economy, writes Robert Milliner in The Australian Financial Review.
Everyone Wins if We Simplify Tax
11 February 2016
Real tax reform is not a bookkeeping exercise; it is about reshaping the system to better support our economy to adapt and thrive in the face of significant global economic, demographic and technological change.
Tax Nation: Business Taxes and the Federal–State Divide
10 April 2007
Australia’s business sector is weighed down by a tax system that is inefficient, overly complex and levies too many taxes for little return.
Australia’s Prosperity Rides on Tax Revamp
28 February 2006
We need faster, better ways to review and improve the tax system before it becomes a barrier to competitiveness and growth, writes Katie Lahey in The Age.
Submission to the Treasury GST Distribution Review: Response to Interim Reports
The fiscal imbalance is set to become even more acute in the future and at some stage the structure of state tax systems will need to be reformed.
The Need for Corporate Tax Review Is Urgent
Taxation rates and structures play a fundamental role in providing the right environment for businesses to operate effectively and efficiently, improve productivity and take advantage of market opportunities in an increasingly competitive world.
Lower Corporate Tax Gives the Biggest Bang for Our Tax Reform Buck
23 December 2009
All Australians stand to gain from tax reform which lowers the corporate tax rate.
Radical Reform Changes Game
6 May 2010
The resource super profits tax is truly radical, and raises issues which need to addressed, writes Katie Lahey in The Australian Financial Review.
Jennifer Westacott discusses Real Tax Reform on Trading Day, Sky Business
10 March 2016
Chief Executive Jennifer Westacott discusses the need for Real Tax Reform in Australia on Trading Day, Sky Business.
Australia’s Tax System Must Be Put under ‘Permanent Watch’
30 March 2006
Australia’s tax system needs to be put under ‘permanent watch’ to make sure it remains internationally competitive.
Start from the Right End of the Tax Reform Debate: Article by Jennifer Westacott
12 November 2015
Let’s focus on what we want the tax system to do and what needs to be fixed.
Corporate Taxation: An International Comparison
11 December 2006
Business tax reform is an urgent priority for Australia, BCA report finds.
Submission to Inquiry into Tax Deductibility
Changes to the company tax system should be assessed on their merits, rather than with the narrow view of funding a reduction in the company tax rate.
BCA/CTA Submission to the Treasury on Employee Share Plans
Joint Business Council of Australia and Corporate Tax Association submission to the federal government on the taxation of employee share schemes.
Submission to the Board of Taxation on the Tax Studies Institute
The proposed institute will need to have a strong mandate and be practically focused if it is to make a valuable contribution to the task of comprehensive long-term tax reform.
Five High-Level Principles for Taxation Reform
Five high-level principles for taxation reform to support investment, jobs and growth, and more efficient national wealth creation.
GST Distribution an Important Step in Tax Reform
4 September 2012
Calls by state governments to distribute GST revenue according to population share is the best way to fix a system in desperate need of reform.
Unwieldy System Must Go
29 November 2007
Op-ed by Tim Cox, PricewaterhouseCoopers Tax Partner, on the need to reform business tax, as published in The Australian Financial Review, 29 November 2007.
BCA Welcomes Boost to Australia’s Tax Competitiveness
6 December 2006
Changes to Capital Gains Tax rules for non-resident investors which bring Australia into line with international practice.
Statement on the Treasurer’s Speech on Tax Reform
15 July 2015
The BCA welcomes the Treasurer's comprehensive assessment of the imperative and the scope for tax reform.
BCA/CTA Submission to the Board of Taxation Review of International Taxation Arrangements
Australia’s international taxation system is retarding its ability to participate fully in the international economy.
Call to Improve Taxation of Offshore Income
7 September 2000
The Business Council of Australia today called for an accelerated consideration of tax changes to improve the competitiveness of Australian-based companies and facilitate greater integration of Australian companies into the global economy.
BCA Welcomes Details of a Review of Australia’s Tax System
12 May 2008
The BCA welcomes the commitment by the Treasurer to a comprehensive review of the taxation system.
Real Growth Needs Real Tax Reform
9 March 2016
Doing nothing on tax is not an option because the tax system affects so many decisions that influence how quickly we can grow the economy in this challenging new world.
Business Council of Australia releases International Tax Discussion Paper
17 December 2001
The Business Council of Australia today released a major discussion paper on Australia’s international tax regime.
Australia's Inevitable Reforms
2 May 2006
Statement on Multinational Tax Legislation
4 December 2015
The BCA welcomes the passage of the government’s multinational tax bill through the Parliament.
International Taxation System Retarding Growth
11 November 2002
Australia’s international taxation system is retarding its ability to participate fully in the international economy.
BCA and CTA Welcome International Tax Reform
14 May 2003
The Business Council of Australia and the Corporate Tax Association welcome the Budget announcements on international tax reform.
Scrap RSPT and Start Again from Ground Up
21 June 2010
The BCA, representing all industry sectors, calls on the government to instigate the appropriate reform process in developing its approach to resource taxation, writes Graham Bradley in The Australian Financial Review.
Minerals Resource Rent Tax an Improvement but Not a Template for Tax Reform
23 November 2011
Although a marked improvement on the Resource Super Profits Tax, the tax falls well short of the principles of good tax design the Business Council of Australia has previously articulated.
BCA Welcomes Tax Review
26 February 2006
The government review into the competitiveness of Australia’s tax system is recognition of the centrality of tax to the country’s future prosperity.
Tax Burden’s a Barrier to Competition
16 December 2006
Business tax reform is central to economic competitiveness, Katie Lahey argues.
Australians Deserve a Balanced Debate on Company Tax
13 April 2016
As we approach the Budget and an election it is vital the community is presented with a balanced argument on company income tax.
Taxation Action Plan for Future Prosperity
21 November 2007
A broad review of fundamental aspects of the tax system is needed.
How Our Tax System is Holding Back Families and Workers
16 March 2016
While the tax debate has fixated on particular taxes, we’ve lost sight of what it all means for individual Australians, their families and the next generation.
And there is one point on which almost all of us would agree. Nobody likes a tax increase.
Article on Tax Reform by Toby Hall and Jennifer Westacott in The Age
26 August 2013
If political parties were being honest, they would explain the structural problems with the current tax system that make careful and comprehensive reform essential.
Thorough Consultation a Reform Recipe to Repeat
22 December 2010
The release of the reports by the Policy Transition Group on the proposed resource taxation reforms are an important basis for detailed consideration and ongoing consultation.
New Tax Task Force Chairman to lead the Business Council’s Continued Emphasis on Taxation Reform
28 August 2000
Mr Campbell Anderson, President of the BCA today announced that Mr Christopher Knoblanche, Chief Executive Officer and Regional Managing Partner of Arthur Andersen Australasia would be the new Chairman of the Business Council’s Tax Task Force.
Labor must support government's full tax plan
13 October 2016
The Labor Party should act in the interests of a stronger economy for all the community by not opposing the full package of reforms in the government’s 10-year tax plan.
Can't Grow Economy by Killing Golden Goose
9 June 2016
Politicians who wish to spend more of other people’s money, but fail to understand that it is future investment decisions that deliver future revenues, keep trying to squeeze more out of the same business golden goose.
Speech to the BCA-Clayton Utz BEPS Workshop
6 November 2014
BCA Chief Executive Jennifer Westacott discusses the base erosion and profit shifting agenda and the need for tax reform to help drive competitiveness.
BCA Welcomes Release of OECD BEPS Package
6 October 2015
The final package of the OECD’s BEPS measures is an important next step in the modernisation of global tax arrangements.
Speech by Catherine Livingstone to the BCA–PwC Tax Forum
11 September 2014
BCA President Catherine Livingstone outlines why the need for comprehensive, considered tax reform is now urgent and profound.
We Must Act Now on Tax Reform: Excerpt from BCA Budget Submission 2006–07
30 January 2006
A fundamental shift in tax policy is needed to lift Australia beyond its currently slowing growth curve.
Bold Leadership on Tax Will Realise Our Potential
2 May 2010
The Henry review into Australia’s Future Tax System makes an historic and significant contribution to the economic reform debate in Australia.
Tax Reform Always Work in Progress
5 May 2006
Unrealised Gains: The Competitive Possibilities of Tax Reform
The BCA’s recommendations to the Henry tax review.
Reinvest Surplus in Tax Reform
15 December 2005
The upward revisions to the Budget surplus figures released today as part of the Mid-Year Economic and Fiscal Outlook again underscored the capacity for fundamental tax reform in next year’s federal Budget, the Business Council said today.
BCA Submission to the Tax White Paper: Support Growth
6 August 2015
If we are to create a stronger and more resilient economy we need businesses to invest, flourish and create more jobs but our tax system is holding us back.
Statement on Suggested Changes to Tax Arrangements
2 March 2015
Proposed changes to thin capitalisation laws risk undermining major capital and infrastructure projects and deterring investment.
Now's time to cut company tax
10 October 2016
The big four professional services firms agree cutting company tax leads to big benefits for Australians, and our national economy.
Time to Give Business a Break
27 May 2016
Who are the taxpayers who ultimately foot the bill for the promises made during an election campaign, whether on a “spend-o-meter” or elsewhere?
Submission to the Senate Select Committee on the Scrutiny of New Taxes
The inquiry can make a helpful contribution to broader community understanding about the importance of tax reform.
Australia Needs a Principled Response to Henry Tax Reform
25 March 2010
Five ways to seize this once-in-a-generation economic opportunity.
Strong Biz or Ed and Health. Reality is We Need Both
30 June 2016
Having to decide between strong business, or education and health, is a phony choice this election.
Major Tax Reform Needed to Avoid an Unfolding Fiscal Crisis
30 September 2011
A call for Australia’s governments to agree to a 10-year overhaul of the tax system.
Long Way to Go on Crucial Tax Reform
20 July 2011
It is important not to confuse climate change policy with tax reform, argues Robert Milliner.
BCA Welcomes Consolidated Tax Regime Legislation
7 February 2002
The regime represents a major change in taxation with the potential to better align the tax system with commercial reality.
Submission to the Treasury Review of Transfer Pricing Rules
Retrospective tax law changes are inconsistent with long-standing principles of sound tax design and do little to enhance Australia’s reputation as a destination for foreign investment.
Keeping a Permanent Watch on Australia’s Tax System
17 November 2006
The Business Council has called for Australia’s tax system to be put under ‘permanent watch’ to make sure it remains internationally competitive.
Greig Gailey talks to Business Spectator
17 June 2009
Greig Gailey’s discusses tax reform, the Budget and the state of corporate Australia.
A Lower Business Tax Burden Still a Priority for Growth
28 September 2012
Tax reform should be revisited for a more strategic approach to the role tax can play for a stronger economy.
BCA CEO Jennifer Westacott’s Address to the Australian Government 2011 Tax Forum
4 October 2011
Opening Remarks by Jennifer Westacott to the Business Tax Session of the Australian Government 2011 Tax Forum.
Complex Tax System Needs Modernising
26 April 2006
Bad or outmoded tax policy spreads its way through the economy like a worm in an apple.