Malcolm Turnbull's Taxing Times

Sourced from Wikimedia.org Malcolm Turnbull

Poor strategy, weak leadership, a squandered opportunity? The tax reform debacle was all of those things.

Dr John Hewson, Huffington Post Australia,
9 February 2016.

You can reasonably ask what on earth were Malcom Turnbull and Scott Morrison thinking they were doing when it came to tax reform.

The arrival of Turnbull brought forth an enormous sigh of relief, right across the electorate. He looked and sounded like a leader. He certainly didn’t make us “cringe” when he attended international meetings and important occasions. He seemed willing to address the key issues, and seemed committed to restoring growth, confidence and social cohesion.

He has been very eloquent. Expectations have mounted. But he seems to lack a clear strategy, and he has been doing very little actual governing. The idea of inviting all to “put their tax options on the table”, without a realistic assessment of our economic circumstances and prospects, and without an overarching fiscal strategy, simply meant expectations ran wild, with the sum of “preferred options” soon far exceeding any government’s capacity to deliver.

Read the full article here.

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