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Economic Reform Roundtable Ends With Ten Priorities and Tax Overhaul Workstream

Chalmers directs agencies to convert the consensus into options for cabinet plus state consultation.

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Treasurer Jim Chalmers, independent MP Allegra Spender and Prime Minister Anthony Albanese (Image: Private Media)
The Economic Reform Roundtable (Image: AAP/Mick Tsikas)

Overview

  • Attendees settled on ten priorities spanning housing approvals, regulatory cuts, artificial intelligence and service modernisation, with Treasury and the Productivity Commission now developing options.
  • Chalmers framed tax reform around intergenerational fairness, investment incentives and simplification, with no measures settled as unions pressed changes to negative gearing, capital gains and a 25% minimum rate on incomes above $1 million.
  • The government will pursue early moves including scrapping more nuisance tariffs, simplifying the National Construction Code, clearing environmental approval backlogs, fast‑tracking an AI strategy and drafting a “tell us once” regulatory reform bill.
  • A national road‑user charge gathered support, with models still to be designed and state treasurers meeting on September 5 to discuss a coordinated scheme.
  • Health Minister Mark Butler outlined an NDIS growth cap of 5–6% annually and a new $2 billion Thriving Kids program for children with mild to moderate developmental needs outside the scheme.