Henry Tax Review

I mean, Ken Henry actually did a very thorough and very... compelling piece of work on our overall tax system, including inefficient state taxes and so on.

I mean, I would suggest that both sides of politics would do very well to go back to the Henry Tax Review of 2010.

From memory, he wasn't allowed to look

at the GST.

Think of it this way.

You and I are probably a tough audience with you, but most people don't go out and end their day thinking, I'll read the Henry Tax Review.

It's boring.

It's long.

So there's a whole massive bun fight around that.

But in principle, if Australia could go back to the Henry Tax Review's type of set-ins, which is basically to sort of broaden the tax base and et cetera.

But also the fundamental issue here, Gary, as I've just pointed to and so have you, is the governments need to spend less.

We basically need all our governments at state and federal level to go line by line through their spending and to get rid of anything that is not essential.