Australian budget Australian interest rates

Phil Lowe condemns corporate tax cut, AAA rating

Friday 16 February 2018

Nice work, Guv, from the Parliament Q&A:

Lowe has jumped into the debate on corporate tax cuts in a big way.

He says Donald Trump’s tax cuts are ‘very problematic’ because they blow out the budget deficit and Australia should not go the same way.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.