Scrap company tax cuts in favour of investment incentives

Monday 7 May 2018

Ever since the Turnbull Government launched its plan to cut the company tax rate to 25% from 30%, it has argued that lower company taxes are vital to ensure that Australia remains a desirable destination for foreign investment. Without such cuts, the Coalition argues, Australia would lose-out on foreign investment to other more competitive nations, resulting in lower growth and job creation.

MB has challenged this position repeatedly, arguing that:

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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.