Australia’s big business lobby group – the Business Council of Australia (BCA) – has once again lashed out at the Government’s flagged abandonment of company tax cuts for large businesses, claiming that it has effectively given up on “building future prosperity”. From The AFR:
The BCA, which represents bigger companies, said restricting tax cuts to smaller businesses would mean “missing out” on the bulk of potential investment gains and the nation’s global competitiveness would “barely improve”…