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Why Australia legalising same-sex marriage makes good business sense

Mark Humphrey-Jenner writes in The Conversation (17.5.16) about the issue of marriage equality, and what part it might play in the federal election campaign. He argues that legalising same-sex marriage would provide considerable economic benefits, despite Catholic church leaders warning that it would ‘undermine’ the institution of marriage.

‘Australia’s most senior Catholic bishops have spoken out to warn the major political parties, regardless of who wins government on July 2, not to undermine the institution of marriage by legalising same-sex marriage.

‘Both major parties have a platform that could ultimately facilitate same-sex marriage. The Coalition proposes a plebiscite, or popular vote, on the issue. If passed, it could lead to legislation enabling same-sex marriage. Labor promises a parliamentary vote and legislation in its first 100 days of taking office.

‘Notably absent from the church’s exhortation is any significant analysis of the economic consequences to Australia from resisting same-sex marriage.’

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