Deputy Secretary of Revenue Group in Treasury, Rob Heferen, gave a speech at the Minerals Council of Australia Biennial Tax Conference where he discussed the upcoming tax reform discussion paper and the economic background which is driving the need for tax reform in Australia. He discussed the corporate tax rate as a driver for economic growth, the impact it has on investment in the Australian economy and noted that a lower company tax rate is likely to assist in tackling base erosion and profit shifting (BEPS) issues.