Calls for changes to tax law to help business and needy

A PUSH for tax reform to benefit business and people in need is underway.

The Australian Council of Social Service and the Business Coalition on Tax Reform yesterday called on governments across the country to make taxation changes a major priority.

ACOSS and the BCTR said "budget weakness", economic growth, unemployment and an aging population meant the country needed wide-ranging debate.

ACOSS CEO Dr Cassandra Goldie said getting the tax system to better benefit all Australians would take time.

"Tax reform cannot be rushed and it takes time to get it right," Dr Goldie said.

"We agree that reform is necessary to ensure governments have the revenue they need to enable them to meet the community's reasonable needs for benefits, services and infrastructure; that tax reform should strengthen productivity and jobs producing growth and not diminish it; and that it must be equitable, with people taxed in a consistent way taking account of their ability to pay."

BCTR chairman Tom Pockett said any reform should look at housing markets, retirement income and investments.

"It's time for the government, parliament and the community to face tax reform in a spirit of openness and cooperation," he said. - APN NEWSDESK



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