Original article by Michael Read
The Australian Financial Review – Page: 1 & 4 : 5-Jun-24

Productivity Commission chair Danielle Wood has defended the federal government’s critical minerals production tax credit regime, which was a key measure in the 14 May budget. Wood has told a Senate estimates hearing that the tax credit scheme is tax policy rather than tax reform. However, Treasurer Jim Chalmers has repeatedly described the tax credits scheme as tax reform. Wood also contended that reducing Australia’s company tax rate of 30 per cent would make the nation more internationally competitive.

CORPORATES
AUSTRALIA. PRODUCTIVITY COMMISSION, AUSTRALIA. DEPT OF THE TREASURY