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A new Tax and Transfer Policy Institute at The Australian National University, announced in the Federal Budget, with an initial $3 million endowment and supporting cash and ongoing funding from ANU, will aim to answer the big questions for the country and region about tax and transfer systems.
The Institute will be located in the ANU Crawford School of Public Policy and will draw on expertise from the School and University, other Australian universities, and from around the region and throughout the world. It will be led by an internationally renowned Chair in Tax Policy, to be secured through a worldwide search, and its operations will be overseen by an Advisory Board to be chaired by Dr Ken Henry.
The formation of the Institute builds on a key recommendation from Dr Henry’s Tax Review to provide a “centre of excellence” to “undertake independent policy research” on taxation matters.
ANU Vice-Chancellor Professor Ian Young AO welcomed the announcement.
“Contribution to public policy through research and training is core to the mission of the national university. The addition of the Institute to our already significant public policy engagement means that ANU is providing a capability that cannot be matched by any other university in Australia,” he said.
Crawford School Director Professor Tom Kompas said the Institute will be primarily concerned with research that aims to shed light on the nature and potential future impact of tax and transfer systems.
“A particular goal will be to identify how tax and transfer systems can be better designed and implemented to achieve national goals in Australia, and throughout the region, in the long term,” he said.
“The Institute will do this through building strong relationships with the public and private sector, collaborating with the Australian Public Service and actively seeking and forming on-going partnerships with other universities in Australia. It will aim to bring forward the best expertise on tax issues and tax policy, to ensure that policymakers here, and throughout the region, have the best possible knowledge and evidence base.”
The Institute will be supported by an initial group of Fellows who bring significant expertise on tax and economic policy. It will also develop a post-doctoral research program, allowing early career researchers to access and work with Institute academics and Fellows.
The establishment of the Tax and Transfer Policy Institute builds on the active policy engagement already happening through the government-funded Australian National Institute of Public Policy (ANIPP) and the HC Coombs Policy Forum – a unique partnership between the Australian Public Service and ANU.
“The wide range of activities already taking place through ANIPP and Crawford School amount to a substantial contribution to enhanced government–academic cooperation and important public discussion of policy challenges,” said Professor Kompas.