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How do we decide if a tax is good or bad? And which ones are ‘damaging’ Australia’s economy?

Experts say stamp duties and income taxes have a much higher burden than more efficient policies, such as GSTGet our breaking news email, free app or daily news podcastHow do we judge whether one tax is better than another? That question will lie at the heart of the tax reform agenda at the economic reform roundtable on Thursday.Four principles have guided tax reform over the decades: efficiency, equity, simplicity and sustainability (or revenue adequacy). Continue reading...

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World news

ICE deports 6-year-old girl and her mom to Ecuador as New York officials blast Trump: ‘Where is your humanity?’

ICE deports 6-year-old girl and her mom to Ecuador as New York officials blast Trump: ‘Where is your humanity?’

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Pope Leo to live in Vatican ‘flatshare’ when he moves into papal apartments

Pope Leo to live in Vatican ‘flatshare’ when he moves into papal apartments

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Police investigate death of French online star who died during livestream after ‘10 days of torture’

Police investigate death of French online star who died during livestream after ‘10 days of torture’

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Service dog reunited with blind owner two months after being stolen from Chicago backyard

Service dog reunited with blind owner two months after being stolen from Chicago backyard

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Russian foreign minister warns West over excluding Moscow from Ukraine security discussions

Russian foreign minister warns West over excluding Moscow from Ukraine security discussions

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Hurricane Erin gusts shut down East Coast beaches and swimmers from Carolinas to NYC to Cape Cod

Hurricane Erin gusts shut down East Coast beaches and swimmers from Carolinas to NYC to Cape Cod

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Voters likely to back Reeves’s ‘mansion tax’ on homes above £1.5m, pollsters say

Voters likely to back Reeves’s ‘mansion tax’ on homes above £1.5m, pollsters say

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How to Halt the Flow of Weapons Arming Mexican Cartels

How to Halt the Flow of Weapons Arming Mexican Cartels

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Trump's war on the Fed is escalating

Trump's war on the Fed is escalating

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Japan proposes 'economic zone' linking Indian Ocean to Africa, seeks greater role in the region

Japan proposes 'economic zone' linking Indian Ocean to Africa, seeks greater role in the region

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Myanmar's military retakes a strategic town 2 years after the resistance captured it

Myanmar's military retakes a strategic town 2 years after the resistance captured it

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‘On behalf of the Islamic State’: Security video shows terror attack on Surrey bus

‘On behalf of the Islamic State’: Security video shows terror attack on Surrey bus

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Brit found dead on cruise ship docked in Italy as fellow passengers try to save him

Brit found dead on cruise ship docked in Italy as fellow passengers try to save him

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Bakery fan, 22, nearly throws up after realising what's in cheese and bacon roll

Bakery fan, 22, nearly throws up after realising what's in cheese and bacon roll

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Denmark scraps book tax to fight 'reading crisis'

Denmark scraps book tax to fight 'reading crisis'

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German controversy surrounds jail term for transgender far-right extremist

German controversy surrounds jail term for transgender far-right extremist

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Tulsi Gabbard revokes security clearances of 37 US intelligence officials

Tulsi Gabbard revokes security clearances of 37 US intelligence officials

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Watch: Fire rages at Milan airport check-in desk

Watch: Fire rages at Milan airport check-in desk

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Monsoon Rains Bring Mumbai to a Standstill

Monsoon Rains Bring Mumbai to a Standstill

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Italians Pay Final Respects to Pippo Baudo, Their ‘King of Television’

Italians Pay Final Respects to Pippo Baudo, Their ‘King of Television’

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Lost everything in a storm? Good luck. FEMA to require email address for aid as families rebuild after disasters

Lost everything in a storm? Good luck. FEMA to require email address for aid as families rebuild after disasters

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California resident tests positive for plague after camping near Lake Tahoe

California resident tests positive for plague after camping near Lake Tahoe

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The Latest: Texas GOP poised to approve map gerrymandered for their advantage

The Latest: Texas GOP poised to approve map gerrymandered for their advantage

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Moment 11-year-old girl learns she’s getting a new heart after almost a year of waiting

Moment 11-year-old girl learns she’s getting a new heart after almost a year of waiting

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Israel gives final approval for controversial settlement plan

Israel gives final approval for controversial settlement plan

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Dr. Phil sued by Christian broadcaster for ‘reprehensible conduct’ in $500 million deal: ‘Years-long fraudulent scheme’

Dr. Phil sued by Christian broadcaster for ‘reprehensible conduct’ in $500 million deal: ‘Years-long fraudulent scheme’

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Kid Rock hits back with lewd insult after Newsom mocks him with Trump-style post

Kid Rock hits back with lewd insult after Newsom mocks him with Trump-style post

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US Navy ship USS New Orleans catches fire while docked in Japan

US Navy ship USS New Orleans catches fire while docked in Japan

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Jeanine Pirro will let people carry shotguns and rifles in DC - despite Trump’s crackdown - without fear of prosecution

Jeanine Pirro will let people carry shotguns and rifles in DC - despite Trump’s crackdown - without fear of prosecution

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‘We need to find him’: Family claims cops took five hours to respond when they reported their child missing

‘We need to find him’: Family claims cops took five hours to respond when they reported their child missing

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Where could Putin and Zelensky meet for Ukraine war summit?

Where could Putin and Zelensky meet for Ukraine war summit?

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Costco members sound off as Pepsi-to-Coke switch begins nationwide

Costco members sound off as Pepsi-to-Coke switch begins nationwide

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ICE ‘used popular chain hotel’ to detain migrants despite company pledging not to participate

ICE ‘used popular chain hotel’ to detain migrants despite company pledging not to participate

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RFK Jr. finally reveals why he wears jeans to the gym

RFK Jr. finally reveals why he wears jeans to the gym

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Building explodes after hit-and-run driver strikes gas line in dramatic video

Building explodes after hit-and-run driver strikes gas line in dramatic video

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Trump demands Lisa Cook, first black woman Fed Reserve member, ‘resign, now!!!’ and accuses her of mortgage fraud

Trump demands Lisa Cook, first black woman Fed Reserve member, ‘resign, now!!!’ and accuses her of mortgage fraud

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Trump set to bar college graduates from debt relief program if employers undermine ‘American values’

Trump set to bar college graduates from debt relief program if employers undermine ‘American values’

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Trump blares ‘Whiter Shade of Pale’ and shows off umbrella flown from Mar-a-Lago in bonkers tour of White House Rose Garden

Trump blares ‘Whiter Shade of Pale’ and shows off umbrella flown from Mar-a-Lago in bonkers tour of White House Rose Garden

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Three children - all under the age of three - led cops to scene of parents’ murder-suicide while looking for food

Three children - all under the age of three - led cops to scene of parents’ murder-suicide while looking for food

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The nine holiday hotspots with current cases of deadly ‘suitcase viruses’

Evening Standard

The nine holiday hotspots with current cases of deadly ‘suitcase viruses’

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Putin's top diplomat warns of 'road to nowhere' in Ukraine security talks

Evening Standard

Putin's top diplomat warns of 'road to nowhere' in Ukraine security talks

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Woman ‘threatened with rape and dragged to basement by police’ in Serbia protests

Woman ‘threatened with rape and dragged to basement by police’ in Serbia protests

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GCSE students could be ‘turned away’ from sixth forms unless they get top grades

GCSE students could be ‘turned away’ from sixth forms unless they get top grades

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I don’t want to go on holiday – I’m too worried about my tomatoes

I don’t want to go on holiday – I’m too worried about my tomatoes

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Congo's draft peace deal with M23 seeks to return government control to rebel-held areas

Congo's draft peace deal with M23 seeks to return government control to rebel-held areas

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China's Xi makes a rare visit to Tibet to mark 60 years of contested rule there

China's Xi makes a rare visit to Tibet to mark 60 years of contested rule there

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Lawyer for activist Jimmy Lai defends free speech in landmark Hong Kong trial

Lawyer for activist Jimmy Lai defends free speech in landmark Hong Kong trial

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Manitoba RCMP say same man suspected in pair of Richer-area break-ins

Manitoba RCMP say same man suspected in pair of Richer-area break-ins

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Gavin Newsom not ‘surprised’ by GOP lawsuit to block redistricting plan

Gavin Newsom not ‘surprised’ by GOP lawsuit to block redistricting plan

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‘America we are BACK!’ White House launches official TikTok account

‘America we are BACK!’ White House launches official TikTok account

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HHS workers accuse RFK Jr. of stoking violence against them

HHS workers accuse RFK Jr. of stoking violence against them

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Voyeurism added to lengthy list of charges for Winnipeg man: police

Voyeurism added to lengthy list of charges for Winnipeg man: police

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Horror moment 'killer' dogs attack as residents hit out over string of maulings

Horror moment 'killer' dogs attack as residents hit out over string of maulings

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Meredith Kercher’s family lawyer slams Amanda Knox over new Disney murder drama

Meredith Kercher’s family lawyer slams Amanda Knox over new Disney murder drama

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Gavin Newsom is expertly trolling Fox News stars by mimicking Trump online — right down to the nicknames

Gavin Newsom is expertly trolling Fox News stars by mimicking Trump online — right down to the nicknames

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What could US and European security guarantees look like for Ukraine?

What could US and European security guarantees look like for Ukraine?

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Putin and Zelensky have only met once before – here’s what happened

Putin and Zelensky have only met once before – here’s what happened

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An Italian funeral for a Palestinian woman evacuated from Gaza becomes a call to 'make noise'

An Italian funeral for a Palestinian woman evacuated from Gaza becomes a call to 'make noise'

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Israel to call up 60,000 reservists ahead of Gaza City move

Israel to call up 60,000 reservists ahead of Gaza City move

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Archaeologists discover 1,400 year old Christian cross on Abu Dhabi island

Archaeologists discover 1,400 year old Christian cross on Abu Dhabi island

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