Treasurer Jim Chalmers convened the Economic Reform Roundtable from 19 to 21 August 2025. The roundtable brought together a core group of 23 attendees from business, unions, civil society, government and economic institutions, with additional experts invited to specific sessions.

Three issues papers were released on 7 August 2025 covering economic resilience, productivity, and budget sustainability and tax reform. The consultation process received almost 900 submissions from organisations and individuals. Between 8 July and 15 August 2025, 41 ministerial roundtables were held across different sectors.

The Productivity Commission released five interim reports between late July and mid-August 2025 as part of its five pillar inquiries. The Commission identified 15 priority reform areas, including corporate tax reform to reduce rates for businesses with revenue under $1 billion, speeding up approvals for clean energy infrastructure, and regulatory reforms. Final reports from the Productivity Commission inquiries are due to government in December 2025.

The roundtable resulted in broad support for work on three major areas of tax reform.

• Economic Reform Roundtable held 19-21 August 2025

• Three issues papers released 7 August 2025

• ~900 public submissions received

• 41 ministerial roundtables held

• Productivity Commission released five interim reports

• 15 priority reform areas identified

• Final Productivity Commision reports due December 2025

[1] https://ministers.treasury.gov.au/ministers/jim-chalmers-2022/transcripts/opening-remarks-economic-reform-roundtable-parliament-house

[2] https://ministers.treasury.gov.au/ministers/jim-chalmers-2022/media-releases/issues-papers-released-ahead-economic-reform-roundtable

[3] https://treasury.gov.au/review/economic-reform-roundtable

[4] https://www.pc.gov.au/inquiries/current/five-productivity-inquiries