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Mid-year budget update: Nick Xenophon unconvinced company tax cuts are the way to go

Crossbench senators say they are not convinced by Treasurer Scott Morrison's call to back his full company tax-cut plan, following the release of the mid-year budget update.

by | 29 Dec, 2016

Mr Morrison said the budget update, which showed the federal deficit would grow by an extra $10.4 billion, soft wages growth and real GDP forecasts revised down, underscored the need for company tax cuts to grow the economy – at least for businesses with a turnover of up to $10 million.

Read the full story at Sydney Morning Herald.

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