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News Wire / economy

Jim Chalmers Plans COVID-Era Tax Relief

2GB Sydney Canberra 6d6d Impact 5
Australian Treasurer Jim Chalmers is planning to roll out a business tax relief proposal. The plan would allow companies to reduce their tax retrospectively. This move aims to lift productivity growth and prevent an investment crash forecast by the Reserve Bank earlier this week.

Topics

tax relief Jim Chalmers productivity

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Sources · 7 independent

2GB Sydney

“Jim Chalmers is planning to roll out a COVID-era business tax relief proposal, allowing companies to reduce their tax retrospectively, and a move that aims to lift productivity growth and save investment from crashing as forecast by the Reserve Bank earlier this week.”

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