Green Capital presents Funding the Future: A Green Tax Revolution?
Sydney: Tuesday March 24th, Sheraton on the Park, Sydney
Melbourne: Tuesday March 31st, The Arts Centre, Melbourne
- Green Depreciation for buildings and equipment?
- Replacement of fuel excise with full-cost recovery ‘road pricing’?
- Incentivisation for major new clean technology and infrastructure development
- Transformation of FBT to drive green vehicles and public transport?
- Right-pricing on natural resources?
Australia’s Future Tax System Review, headed by Treasury Secretary Ken Henry, will map out the future for taxation in Australia for the next generation. Environment, climate change and sustainability were key themes in early submissions in 2008 and now the Henry Review is heading into its public consultation phase.
Amidst the current turmoil of the Global Economic Crisis and after the soft start proposed for the CPRS, is tax change a vital new front for attaining the goal of a sustainable society? The objectives of the Henry Review explicitly include considerations of sustainability, climate change and environmental impacts.
Taxation reform may offer the opportunity for ground-breaking change. As a complement to the CPRS, reform may provide the incentives required to stimulate a green economic recovery, to positively impact the health and well-being of society and to make significant in-roads into addressing these increasingly urgent problems.
How will these changes impact your sector? How can taxation encourage and support the necessary transition to a greener economy?
Green Capital invites you to join our dialogue about what a ‘green tax revolution’ can look like to drive accelerated outcomes in combating climate change, alongside measures such as the CPRS, RET and other greenhouse gas reduction initiatives. Bringing together voices from government, industry, unions, consumer groups and other affected spheres, we will outline the key areas of discussion being raised across a broadly varied spectrum within the Australian economic landscape, highlighting the redundancies of an antiquated taxation system under a newly emerging model for Australia’s future economic prosperity.
Emerging from an extensive process of consultation as Green Capital seeks to formulate its own submission to the review, this event will both inform and engage those seeking to understand what tax changes could mean for them, and anyone planning to make submissions to the government in the area of taxation reform.
Join us to explore sustainability history in the making – a crucial governmental review for Australia’s economic and environmental future.
For more information go to www.greencapital.org.au
