Tax reform slows to a canter: the Federal Government's third term agenda will be marked by...

The pace of taxation reform may be a little slower this year, but there are still substantive changes in the offing that are as significant as any in the Federal Government's earlier terms.

The Government's third term tax agenda will likely be shaped and marked by a collision of forces, including:

* The impact of new identities, energies and roles in key tax reform posts;

* New tax measures promised in the last election campaign;

* Important changes stemming from the Ralph review of business taxation and awaiting implementation from 1 J