Six weeks out from the federal budget, Australian Industry Group CEO Innes Willox has stepped up his campaign for tax cuts for both individuals and companies:
“For the 2020-21 budget it would be premature and detrimental to both the near and longer-term objectives to hold back on well-considered measures even though they will add to the budget deficit,” he said…
The industry group wants both the $45,000 threshold and the 32.5 per cent rate cut to 30 per cent for people earning between $45,000 and $90,000 to start from January 1 next year
