The Turnbull Government will reportedly introduce legislation to implement its proposal to progressively cut the company tax rate to 25% over 10 years, with Treasurer Scott Morrison continuing to claim that 50% of the benefits of the cuts would be passed on to workers in the form of higher wages. From The AFR:
Federal parliament will begin debating on Tuesday afternoon the $50 billion tax cut plan as the first step of passing it through the House of Representatives before it will hit major blockades in the Senate.
