Suicidal Coalition grimly holds the line on company tax cuts

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By Leith van Onselen

The weekend’s ‘Super Saturday’ bi-election results should be viewed as a kind of referendum on the Turnbull Government’s company tax cut package. This is because Labor campaigned heavily against the tax cuts, arguing instead that the money would be better spent on health and education.

The fact that Labor stormed it in should persuade the Coalition to junk the company tax cuts once and for all. Not so, according to Finance Minister Mathias Cormann, who has vowed to push ahead:

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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.