Business Council demands tax cuts to boost profits

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By Leith van Onselen

Business Council of Australia (BCA) boss, Jennifer Westacott, has continued her campaign for company tax cuts, arguing that jobs and pay rises depend on companies becoming more profitable. From The AFR:

Business Council of Australia chief executive Jennifer Westacott says she gets “depressed” at business bashing because the jobs of millions of Australians depend on having profitable companies.

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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.