The Need for Ongoing Tax Reform a Key Legacy of Dr Henry

The departure of federal Treasury Secretary Ken Henry marks a significant chapter in Australian public policy, Business Council of Australia Chief Executive Katie Lahey said.

“Ken Henry has been one of Australia’s foremost public servants in a department that is at the heart of the key economic policy debates before the nation,” Ms Lahey said.

“Through 25 years of public service Dr Henry has remained committed to reform, providing advice on taxation policy and administration, retirement incomes policy, industry policy and microeconomic reform.

“He will leave a particular legacy through his involvement in many of the major tax debates during this time, including the successful implementation of the GST.

“His more recent Henry tax review remains a blueprint that should be used to guide the next phase of comprehensive tax reform needed to underpin a stronger economy and community prosperity into the future.

“Dr Henry should also be acknowledged for his role in advising government through the global financial crisis, which was one of the most challenging events in recent decades.

“The BCA wishes Dr Henry well in his future endeavours, and looks forward to working with his replacement Martin Parkinson who also brings significant experience to the role as one of Australia’s most senior public servants,” she said.