• Assistant Treasurer's message

    Assistant Treasurer David Bradbury

    Australia has one of the most resilient economies in the developed world. Since the global financial crisis, the Australian economy has grown by around 10% while many advanced economies are yet to return their gross domestic product to pre-global financial crisis levels.

    Part of this comes from our strong tax and super system and the ATO's ability to identify tax evaders. We all expect the government to provide community services like schools and hospitals, but those who try to avoid paying taxes are cheating their fellow Australians by putting an unfair burden on the vast majority of people who pay their fair share.

    The work of government agencies, supported in a bipartisan way by legislative reform, has been critical to the continued success of Project Wickenby and the fight against tax and financial crime.

    We are active in international forums and continue to advocate the case for greater international transparency. As Chair of the Global Forum on Transparency and Exchange of Information for Tax Purposes, Australia is at the forefront of the implementation of the international standard for exchange of taxpayer information between national revenue authorities.

    Australians overwhelmingly pay their fair share of tax, demonstrating the value the community places on the services that taxes fund and allowing us to have one of the highest standards of living in the developed world. That's why it's important that we have a strong tax administration regime that cracks down on tax evasion and protects the integrity of the revenue that our services deliver.

    The Hon David Bradbury

    Assistant Treasurer

    Minister Assisting for Deregulation

      Last modified: 22 Nov 2012QC 28311