OECD Urges Australia to Increase Consumption Tax Rate and Reduce Exemptions

OECD suggests Australia should consider raising the rate on its consumption tax and reducing exemptions
Changes to Australia’s goods and services tax and other tax and spending reforms are needed for a robust fiscal framework
The OECD recommends reducing tax concessions on private pensions to raise revenue and align tax treatment with other forms

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.