Business Tax Reform

But Business Council of Australia president Michael Chaney disputed the conclusions in Tuesday’s budget papers. “We don't think it’s the whole picture. The Productivity Commission should look at the whole business tax structure and make recommendations for reform. It also ought to look at forward revenue and expenditure projections for the states and the federal government; our concern is that you will find an increasing mismatch.”  

‘BCA Disputes Budget Claim on Company Tax Rate’, Richard Gluyas, The Australian, 10 May 2007, p. 21.

Business Council of Australia chairman Michael Chaney said business tax and compliance costs were still too high.

‘Corporates Lament: We’re Losing Competitive Edge’ by Fleur Anderson, The Australian Financial Review, 10 May 2007, p. 13.