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<\/p>\nJim Chalmers has refused to confirm whether last week\u2019s economic roundtable will lead to any new tax reform proposals being put forward in the government\u2019s next budget.<\/p>\n
The federal Treasurer said on Thursday there had been \u201cbroad agreement\u201d on several key principles at the roundtable, including the need to make the budget more sustainable, address intergenerational inequality, streamline housing approvals, and be forward-looking when addressing artificial intelligence.<\/p>\n
But when asked whether the government would introduce any additional tax reform proposals in its next budget as a result, Mr Chalmers said it \u201cremains to be seen\u201d.<\/p>\n
Mr Chalmers\u00a0said the roundtable highlighted there were \u201cmore steps to be taken on tax reform\u201d but that the government\u2019s priority was to push through the tax changes it took to the last election.<\/p>\n
\u201cThere was a lot of policy ambition around the roundtable last week, and there is a lot of policy ambition in the government – from the Prime Minister down,\u201d the Treasurer said.<\/p>\n
\u201cOur primary focus is on delivering tax reform in all of those ways we took to the election\u2026 income tax cuts, considering road user charging, (introducing) the standard deduction.\u201d<\/p>\n
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Mr Chalmers said that in the aftermath of the roundtable, he did think \u201cmore steps needed to be taken on tax reform\u201d, but stressed there was \u201csome time to do that\u201d.<\/p>\n
\u201cThe Prime Minister and I have both said in our National Press Club contributions that we consider our task to deliver what we took to the election, but also to build on,\u201d he said.<\/p>\n
\u201cThe round table was never about finalising tax policies. It was about informing tax policies for the next three budgets and beyond, and that’s the approach I take to it.<\/p>\n
\u201cFundamentally, this is a decision for cabinet ministers to take in the usual way and on the usual timing, which is from budget to budget, when we look at the spending side of the budget and the revenue side of the budget on each occasion.\u201d<\/p>\n