Original article by Phillip Coorey, Simon Evans
The Australian Financial Review – Page: 1 & 4 : 26-Oct-16

The Australian Government will continue to push for the company tax rate for businesses with turnover of up to $A50m to be reduced to 27.5 per cent. The Government requires the support of the Nick Xenophon Team’s three senators, although the party wants the turnover threshold to be capped at $A10m. Treasurer Scott Morrison will attend a series of meetings and functions with representatives of medium-sized businesses in Senator Nick Xenophon’s home state of South Australia, as part of the Government’s push to gain support for its scaled-back corporate tax reform package.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, NICK XENOPHON TEAM, ONE NATION PARTY, COMMITTEE FOR ADELAIDE, SAGE AUTOMATION LIMITED, BHP BILLITON LIMITED – ASX BHP, GLENCORE AUSTRALIA PTY LTD, GM HOLDEN LIMITED, AUSTRALIAN GREENS, AUSTRALIAN LABOR PARTY, BUSINESS COUNCIL OF AUSTRALIA, HAIGH’S CHOCOLATES, KORVEST LIMITED – ASX KOV, CODAN LIMITED – ASX CDA, SOUTH AUSTRALIA. DEPT OF TREASURY AND FINANCE