Original article by David Crowe
The Australian – Page: 1 & 5 : 18-Aug-16
The Opposition has signalled that it will not support all of the Federal Government’s proposed $A6bn worth of cost-saving measures, despite backing most of the reforms during the 2016 election campaign. A proposed $A1bn reduction in funding for the Australian Renewable Energy Agency in particular is likely to be opposed by the Australian Labor Party, which is also likely to vote down a plan to progressively reduce the corporate tax rate to 25 per cent. The Government plans to introduce a so-called "omnibus" bill containing 21 separate Budget-repair measures.
CORPORATES
AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN RENEWABLE ENERGY AGENCY, DELOITTE ACCESS ECONOMICS PTY LTD, AUSTRALIAN GREENS, LIBERAL DEMOCRATIC PARTY