Original article by Dennis Shanahan, Sid Maher
The Australian – Page: 1 & 4 : 16-Feb-16

The Heritage Foundation forecasts that Australia’s tax-to-GDP ratio could potentially rise to 27.5 per cent by 2019. The think tank has warned that this ratio will reach 25.9 per cent unless the Federal Government pursues tax reforms or there is a significant increase in global economic growth. The May 2015 Budget had projected a rise in the tax-to-GDP ratio to just 23.2 per cent by 2019. It had peaked at 24.2 per cent in 2005-06. Treasurer Scott Morrison has signalled that income tax reform remains on the agenda.

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