Original article by Laura Tingle
The Australian Financial Review – Page: 1 & 10 : 27-Jul-17
Members of the Business Council of Australia’s board have called for the corporate tax rate to be reduced in order to lift the nation’s economic growth rate to at least three per cent. They argue that the economy needs to expand at such a rate to increase wages and create jobs. BCA president Grant King adds that regulatory and industrial relations reform is necessary to encourage jobs growth, particularly given the impact of digital disruption on the labour market.
BUSINESS COUNCIL OF AUSTRALIA, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, WESFARMERS LIMITED – ASX WES, ENERGYAUSTRALIA PTY LTD, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN LABOR PARTY