The Minerals Council of Australia (MCA) has urged the federal government to reduce the company tax rate as part of its post-coronavirus economic strategy.
MCA CEO Tania Constable says the nation’s corporate tax rate is not internationally competitive, and measures such as tax reform and speeding up project approvals could prompt a new wave of resources projects worth around $100 billion:
MCA chief executive Tania Constable, who represents major miners including BHP, Rio Tinto, Glencore and Whitehaven, said the government must seize the opportunity for “pragmatic and targeted reforms to fast-track Australia’s recovery from COVID-19”…
