Speaking at the treasurers’ debate yesterday, Treasurer Josh Frydenberg confirmed the Coalition has no plans to change company tax rates for medium and large companies if it wins the election. Given Labor has already made it known that it is strongly opposed to any company tax cuts, this suggests the policy is dead and buried for the foreseeable future. From The AFR:
With Labor vehemently opposed to further company tax relief and the Coalition having already ruled it out for the next term should it win the election, Mr Frydenberg indicated there was no appetite to revisit company tax cuts in the longer term as well.
