Payroll tax has been frequently singled out as having an adverse effect on businesses and the economy in general. Payroll tax is levied by the States against the total sum of remuneration of employees within a firm for each dollar above a threshold. The threshold exempts small businesses from...

After 20 years of economic reform this article discusses India’s long-term growth potential and canvasses some of the challenges that Indian policy makers will need to overcome to realise this potential. Some of the consequences of India’s growth for Australia are also explored.