The Coalition could fund tax cuts if it wanted to

Tuesday 15 March 2016

After indicating for months that he would deliver tax cuts to individuals and companies, Treasurer Scott Morrison has reportedly back-tracked, arguing that tax cuts are not affordable. From The ABC:

Mr Morrison told a business summit in Melbourne that the Government could not afford to provide cuts to both company and personal taxes in the budget, given the state of the federal finances, and argued this was something that could be achieved “within budget after budget after budget”.

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.