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It added that growth has disproportionately benefited high income groups, and left lower income households behind.
The redacted document, obtained under freedom of information laws, found capital gains tax discounts also benefited high-income earners.
The opposition criticized it as benefiting higher earners.
The report suggests current superannuation tax arrangements benefit higher income earners, and the system face sustainability issues over the long term.
One of the country's ministers said yesterday that it is developing a $100 laptop (not $10, as previously thought) to benefit higher education.
"Rick Perry is essentially providing a massive tax cut disproportionally benefiting higher income people".
This new marginal tax rate plan will only benefit higher income earners, especially those in the top one percent.
Critics say the system has also benefitted high-carbon power sources disproportionately.
Reducing tuition fees would benefit high earning graduates while cutting bursaries would directly penalise poorer students.
They must also ensure that the money is not misused to benefit high-income constituents.
It is also an anti-fiscal drag law that could benefit high earners.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com