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IFPA Calls for Intergenerational Overhaul of Australia's Broken Tax System

· Keri-Ann · Updated 24 September 2026


Peak professional body's President says the 2026-27 Federal Budget has deepened the dysfunction of a tax architecture that has never been fit for purpose — and calls for structural reform, not more complexity The Institute of Financial Professionals Australia (IFPA) is calling…

Peak professional body's President says the 2026-27 Federal Budget has deepened the dysfunction of a tax architecture that has never been fit for purpose — and calls for structural reform, not more complexity

The Institute of Financial Professionals Australia (IFPA) is calling for a comprehensive, intergenerational overhaul of Australia's income tax system, warning that the 2026-27 Federal Budget has compounded the inequities of a structure that successive governments — Coalition and Labor alike — have lacked the courage to fix.

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