The Turnbull Government’s stubborn insistence on cutting Australia’s company tax rate to 25% from 30% has hit an insurmountable roadblock, with the four crucial Senate cross-benchers required to pass the legislation digging in against the package. From The Australian:
Key crossbenchers say they are more unlikely to support the government’s corporate tax package following the delivery of Scott Morrison’s third budget, with Centre Alliance Senator Stirling Griff saying “it’s had a bit of a reverse effect on us”…
