1. Increase the GST.

2. Simplify. Aim at dramatically reducing the work available for lawyers and tax accountants. That will benefit tax collection and the public.

What are you Aidan, a uni student, who is not satisfied at having your living & education paid for by the older generation, but want them to keep on paying for things they bought & paid for years ago. Your ideas are half baked enough to come from a uni student.

About time we returned to full cost recovery from students, & then, if they ever actually pay for what they have been given, how about an education tax. They could keep paying a percentage of their education tax for ever. Now that would be intergenerational & inter class fairness.

Surely that would "restore the intergenerational fairness, reducing the cost of living at the expense of the property speculators" you say. No sorry, education speculators.

Obviously you are a lefty, or you would realise most real estate is held by mums & dads, & is mostly their buffer against future costs, not speculation. You really don't have much idea of how the world works. Perhaps you are a recent arrival from the old world, or a dictatorship, where the majority don't own their housing.

We have the same old nonsense arguments about raising taxes instead of looking at how money is created from nothing by our private banking system.

Taxes are raised to pay for debt created from nothing by our private banking system. Over inflating house prices is the prime means of debt money creation. Who are the slaves and who are the servants ?

Surely those who write papers on economics and finance cannot be this stupid.

Many know the answers but have not the guts to go there. Move back to Govt Banks that can create new money for infrastructure debt free and reduce the size of the public service.

Money costs nothing to produce. Plenty of money for wars a a global derivative ponzy scam market worth $2000 trillion. Yes with a T.

No one wants to take Wall St and the banks on.

Arjay, although money technically costs nothing to produce, producing too much of it results in too much inflation, so there has to be some limiting factor on the amount of it.

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Hasbeen, I'll respond to your objections later.

Again! most Austrians think this country works off thin air.....17% GST is the best you can give....being...you can all go back to what ever country you came from:)...I stand here!...The tax that you think un-fair is for you.....Australia is an island...Don't play nice....I cant hold them back....Your a victor or a guess....We will be watching you! very closely!.....If you think you can bring your camel SH!T here....your not on the right grounds to play with!

Just a thought.

Tally