The ACT Greens believe:
1. economic policy exists to meet financial, social and environmental objectives
2. economic policy must take into account the needs of future generations
3. it is essential that economic policy works to reduce negative externalities and recognises scarcity of resources
4. markets, where they function freely, have an important role to play in the allocation of resources. However, governments have responsibility to regulate markets and to correct market failures
5. the overall tax burden should be equitably distributed.

The ACT Greens want:
1. a balanced budget over the business cycle
2. an ACT economy that serves social and environmental needs
3. financial accountability and transparency in public, private and community sectors
4. a more environmentally, socially and economically sustainable private sector in the ACT
5. the ACT Government’s net worth maintained or increased.

The ACT Greens support:
1. creating a more progressive ACT taxation system
2. taxation targeted towards activities generating negative externalities
3. undertake a review of all taxes, fees and charges levied by the ACT Government to ensure a sustainable revenue stream while minimising the compliance burdens
4. requiring the ACT Auditor-General to scrutinise and provide a public report on each ACT Government budget
5. retaining public ownership of appropriate ACT Government assets, services and business enterprises
6. stronger ethical investment guidelines to ACT Government investments
7. requiring those ACT  Government proposals with substantial private sector involvement to meet stringent social, environmental and economic benchmarks
8. making ACT Government contracts, tender documents, progress and acquittal reports accessible to the public wherever possible
9.broadening the powers of the ACT Auditor-General to report on social and environmental issues
10. applying Sustainability Reporting to Government budgets
11. introducing sustainability reporting in ACT Government departments and agencies
12. introducing consistent, measurable indicators across ACT Government budgets and annual reports.

This entry was posted on Saturday, August 30th, 2008 at 12:06 am and is filed under Policy. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.