Submission to the Economic Reform Roundtable
Social, economic and fiscal benefits can be achieved by reform of the tax-transfer system
applicable to families with children. A reform of family payments can reduce marginal effective
tax rates (ETRs) on work, encouraging more equal workforce participation. This can help
ensure that skills of women are fully utilised and encourage men to share in care. It would build
incomes and capacity to save of families and support equity, including gender equity. Increased
workforce participation also supports fiscal sustainability through increased tax revenues. An
integrated approach to tax-transfer policy for families with children is required.