ABC News – Top stories
·general
·2 hours ago
Act before commodities boom leaves us bust, urges former Treasury boss
Former Treasury chief Ken Henry urged Australia to improve its tax collection on natural resources during a parliamentary inquiry on LNG taxation. He criticized the economic impact of past policies, stating Australia missed an opportunity to generate "hundreds of billions of dollars" for reinvestment. Henry warned that continued negligence risks further eroding public trust in democratic institutions.
Summary by Glance · ABC News – Top stories
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