Liberal MP fails on tax reform

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Liberal MP Garth Hamilton has called for sweeping changes to the tax system, arguing that it needs to be inclusive and support modern families.

His suggestions for reform include introducing lifetime deductions on tax rates for mothers, in recognition of the fact that they often have lower salaries when they return to the workforce.

Hamilton has also advocated the introduction of income splitting, which was part of One Nation’s election platform.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.