Sustainability @ ANZ

Winning the Away Game

Winning the Away Game

The Australian economy could be better off by AUD $1bn a year if reforms to address tax bias against dividends from offshore profits were adopted.

Australia has successful global companies but investment in offshore businesses as a proportion of GDP has fallen steadily over the last decade compared to the average across OECD countries.

Our recent report on the issues suggests tax reform would build the depth and capability of Australia’s global companies. In turn, this would bring benefits such as diversifying our economy and increasing our tax base.

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