Henry Seems to "Get It"

I recently commented on leaks from the Australian government's Henry tax review that seemed to be heading in the direction of just grabbing revenue wherever possible from Australians while reducing taxes on foreigners on the basis that they could invest somewhere else instead. But this speech by Ken Henry to an economics conference is much more subtle and nuanced. He does seem to not only a command of the issues in this speech but sympathy for some of the more radical ideas. He leaves us in suspense about which way he and his team will jump in their advice to the government - tax savings more heavily (but uniformly) than now, or tax savings less (but again uniformly)? If I can read between the lines this seems to be favoring lighter but some taxation on capital?