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Australia’s Company Tax rate is one of the highest in the world. The current rate of 30% has not changed in 17 years.
While other countries have reduced their Company Tax rate to help stimulate investment and create stronger economies, we have stood still.
Common sense says it’s time to make a positive change.
What the experts say:
If the Company income tax were to be cut, the principal beneficiaries will be workers...
Ken Henry
Former Treasury Secretary
The pub test: