This is illustrative from the AFR:
Interest rates must rise higher to conquer inflation and Australia needs a more ambitious growth plan to pay for the mounting cost of the clean energy transition and national security amid a volatile geopolitical world, business leaders have warned.
…Australia should expand the economic pie by making the tax system more growth-friendly by reducing the high reliance on company and personal tax and switching to broader-based taxes, Organisation for Economic Co-operation and Development secretary general Mathias Cormann and BHP chief executive Mike Henry told The Australian Financial Review Business Summit.
