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The biggest issues facing Australia – homeownership, climate change, the cost of living, low productivity and young people falling behind – are shaped by our broken tax system. Neither of the major parties has had the courage to take on real reform.

Over the past two years, I’ve consulted extensively with experts, stakeholder groups, and over 1,300 of you in Wentworth to develop my Tax Green Paper.

This sets out the new to lower income taxes so young people can get ahead, boost productivity and economic growth, and support the energy transition.

Australia currently has one of the highest tax burdens in its history. We are also more reliant on taxing the incomes of working people compared to almost any other time.

At a minimum, we should achieve the above priorities in a revenue-neutral way, but I believe we should try to lower the overall burden of tax if we can.

Tax reform isn’t easy, but it’s vital for our future. Read my Tax Green Paper at: www.AllegraSpender.com.au/Tax

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