You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

20 Dec 2016 (AFR) – MYEFO: Tax take smashed and getting worse

(20 December 2016, AFR, p9, by Joanna Mather)

‘A lower than projected corporate tax take coupled with weak employment and wages growth have punched a $30 billion hole in government revenue. But Treasurer Scott Morrison doubled down on his promise to cut the company tax rate, arguing the benefits would flow through to more jobs and higher wages in the future.’

Read more at (might need AFR login access, or try:


About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.


No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: