Original article by Tom McIlroy
The Australian Financial Review – Page: 5 : 15-Aug-18

The Senate is expected to reject the Federal Government’s bill to reduce the tax rate for companies with turnover of at least $50m. Foreign Minister Julie Bishop has told parliament of the need for Australia to have a globally competitive company tax rate, while BlueScope Steel CEO Mark Vassella has called for the introduction of similar tax reforms to those implemented in the US. He has stressed the importance of lower operating costs for businesses in stimulating economic growth.

CORPORATES
AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, BLUESCOPE STEEL LIMITED – ASX BSL, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF FINANCE