Retail boss talks stimulus sense


Last week, Australia’s largest business and employer groups demanded the Morrison Government bring forward income tax cuts and business tax incentives to stimulate the economy.

However, Australian Retailers Association (ARA) CEO, Paul Zahra, believes tax cuts would be ineffective and has urged the Government to instead permanently lift JobSeeker:

Mr Zahra joined Australian Council of Social Service chief executive Cassandra Goldie and economist Chris Richardson in calling for a permanent increase to the rebadged Newstart payment…

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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.