Table of Contents

Membership of the Committee

Terms of reference

Conduct of the inquiry

CHAPTER 1 - A NEW TAX SYSTEM

No increase in the overall tax burden

Major reductions in personal income tax, with special regard to the tax treatment of families

Broad-based indirect tax to replace some or all of the existing indirect taxes

Compensation for those deserving of special consideration

Reform of Commonwealth-State financial relations

Modelling and cameo approach underpinning ANTS

CHAPTER 2 - ECONOMIC MODELLING OF THE TAX PACKAGE

The Monash Model

The Murphy Models

The Melbourne Institute

PRISMOD

STINMOD-STATAX

Treasury's Approach

The Treasury Results

Impact of Tax Reform on the cost of final demand

The Data Debate

Pass Through Rates

GDP

Employment

Wages

Analysis of the Tax Package Using the MONASH Model

Review of Professor Dixon's Paper by ECONTECH

Comments on Murphy review

Other Terms of Reference

Conclusions

LABOR SENATORS' FINDINGS

GOVERNMENT SENATORS' REPORT

SUPPLEMENTARY REPORT – AUSTRALIAN DEMOCRATS

ADDITIONAL STATEMENT – GREENS WA

APPENDIX I – List of Submissions

APPENDIX II – List of Hearings

APPENDIX III – List of Hearing Witnesses

APPENDIX IV – Treasury submission (PDF file)

APPENDIX V – NATSEM paper (PDF File)

APPENDIX VI –

Professor Peter Dixon's paper (PDF file)

APPENDIX VII –

ECONTECH paper (PDF file)

APPENDIX VIII – Tax Measures Contained in the Reform Package (PDF file)