Business chiefs lobby crossbench on company tax changes

Business leaders are planning a new offensive to get crossbench senators to back the government’s economic agenda, as a decline in the nation’s $70 billion company tax take starts a new brawl over the spending cuts needed to avert mammoth deficits.

The corporate chiefs are throwing new weight behind Malcolm Turnbull’s most contentious election policy, a 10-year cut to the company tax rate, in a pitch to powerbrokers such as Pauline Hanson and Nick Xenophon to rescue the plan.

Read the full story at The Australian.

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