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AbstractIn this widely reported speech on tax reform, the Treasury head and chair of the Future Tax System Review Panel argues that for tax reform to be successful the community must understand, appreciate and generally support the reasons for change. He argies that factors including demographic change, globalisation and environmental degradation must be considered in reformong taxation, and that vested interests need to be resisted. This speech was given to the Australasian Tax Teachers Association Conference on 21 January 2010.