Company tax cut is number one on business wish list for this year’s budget

Budget priorities for Businesses include reduce company tax, increased investment in infrastructure and bringing the budget back to balance within 5 years, by 2019.

An Australian Industry Group survey of 364 businesses finds 70% rank reduced company tax as one of their top priorities.

This was closely followed by increasing spending on infrastructure (68%), while 57% said bringing the balancing the budget over the next five years was a priority.

These preferences were followed by 39% who want increased spending on training and apprentices and 39% who want to raise tax incentives for industry research and development, while 28% want to bring the budget into balance within two years.
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