Henry laments lost decade of tax reform
![Incoming NAB chairman and ARM recruit Ken Henry.](http://web.archive.org./web/20180301183538im_/http://www.afr.com/content/dam/images/g/g/v/w/k/f/image.related.afrIndexLeadWide.460x260.h0wu9d.gshfrb.png/1519905853368.jpg)
"Our current tax debate appears very strange," says the architect of Labor's Henry Tax Review, started a decade ago. Company tax cuts won't be enough, he says.
"Our current tax debate appears very strange," says the architect of Labor's Henry Tax Review, started a decade ago. Company tax cuts won't be enough, he says.
Investing in companies with boards with relevant experience and directors with financial interests aligned to shareholders' interests is no guarantee of success. But it's a good starting point.
Private equity funds see plenty of scope for more deal activity in Australia this year, despite record levels of dry powder and rising global interest rates.
President Trump vowed he would next week unveil 25pc steel tariffs, raising investor fears of a China trade war.
Ken Henry is urging business leaders to break down negative public views of corporate Australia, and elevate business' role as a driver of incomes, jobs and wellbeing.
Australian shares are poised to open little changed as Wall St's key measures fluctuated in a narrow range at midday in New York.
KPMG chairman Alison Kitchen said it is not practical to emulate Malcolm Turnbull's sex ban between senior and junior staff.
Incitec Pivot and Richard Cottee are re-uniting to try and orchestrate a win-win situation in Queensland.
NAB describes competition as "truly intense" but PC chairman Peter Harris says a wider interest rate spread and strong margins suggests otherwise.
Specialty Fashion's largest institutional shareholder Lazard is backing calls for an equity raising rather than a fire sale after knocking back an offer for its 13 per cent stake.
UK consultant Mark Farmer says terminals and other infrastructure for the new Western Sydney Airport should be built off-site.
Long-suffering industrial gas buyers are demanding a new source of supply, and they won't get that with AGL's LNG import terminal, the head of an Andrew Forrest-backed rival project claims.
Fed chair Jerome Powell told US lawmakers: "There's no evidence the economy is currently overheating."
The US economy showed signs of impending strength, as recent tax cuts boosted Americans' spending power.
Lead prices touched their lowest in 2-1/2 months, with other industrial metals also under pressure from a stronger US dollar.
The Securities and Exchange Commission has sent subpoenas to dozens of people and companies behind the rise of so-called initial coin offerings.
The government finishes the week talking about politicians, not voters, which was its ultimate problem in the Barnaby fiasco.
New generations of Silicon Valley start-ups or even US unicorns are becoming used to keeping a wary eye on the competition coming out of China.
Specialty Fashion might be struggling, but activist investor Sandon Capital, led by Gabriel Radzyminski, has a much more optimistic view of the business.
Analysts have been left scrambling to find a plausible explanation for the vicious sell-off in late trading on the US stock exchange on Wednesday night.
Tassie's 2018 state election is commanding the attention of the patronising mainlanders.
One Nation is not just a less stuffy version of the Liberals: they support big government spending and oppose foreign investment
The industry fund chairman could be thrown out after he was found to have paid union money to a company secretly controlled by his wife.
Malcolm Turnbull has refused to sanction Michaelia Cash for smearing the integrity of female Labor staffers.
Two Nationals MPs who were dumped in last year's reshuffle are set to make a return to the frontbench, but not cabinet.
Ye Jianming, the founder of a private Chinese oil conglomerate on the verge of closing a high-profile Russian acquisition, has reportedly been detained.
The communications director abruptly announced that she plans to resign - sending a jolt through a West Wing besieged by internal tumult and the intensifying Russia investigation.
It's not clear we're doing the best job we could.
Whether voters accept legislative inaction once again will be answered in mid-term elections in November. Corporate executives aren't waiting. They've already heard plenty from their customers.
Italy's 5-Star Movement names a team of prospective ministers, including a double swimming gold medal winner at the Sydney Olympics.
Companies have asked Tax Commissioner Chris Jordan to publish their tax losses so they can explain why they sometimes pay zero tax.
Prudential regulator Wayne Byres said the 10 per cent cap on growth in bank lending to housing investors is "probably reaching the end of its useful life".
Link Group is poised to sign a contract with Energy Super to take over the fund's administration functions in a deal that will lift the information solutions company's superannuation fund clients to 59.
A surge in innovation among professional services firms added an estimated $12b to the economy last year, delivering firms an average $585,000 boost from $171,000 invested.
Mining giant Rio Tinto and Prime Minister Malcolm Turnbull's federal department have stepped up long-term commitments to stopping violence against women.
KPMG chairman Alison Kitchen is unhappy over sexual harassment allegations within her own firm and has vowed to take a "zero tolerance" approach to tackling the problem.
The chief executives of KPMG and EY have been forced to tell their partners and staff that misconduct will not be tolerated.
The Gran Turismo is a strange beast, indeed. But does it meet its maker's brief of "ultimate driving machine"?
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