Published: October 31, 2018
Jennifer Westacott says it’s ‘bitterly disappointing’ the Coalition’s plan to cut big business taxes to 25% did not succeed
Failing to pass big business tax cuts was a “colossal mistake” that would put Australia at an international disadvantage over the next decade, the Business Council of Australia has said.
The BCA chief executive, Jennifer Westacott, speaking at the National Press Club on Wednesday, said the government should do “something meaningful on investment or depreciation allowances” in the absence of the tax cuts. She also called for an inquiry into entrenched disadvantage and rejected union demands for more control over pay deals.
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