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Federal election 2016: Shorten shifts focus to the economy as Morrison highlights company tax benefits

James Massola reports in the Brisbane Times (8.6.16) on the leaders of the major political parties shifting their election campaign focus back to the national economy, and their parties’ respective plans for economic management.

‘Bill Shorten will shift Labor’s focus to the economy with the launch of a “Ten-Year Plan for Australia’s Economy”, in a move to neutralise the Coalition’s concerted attack over economic management.

‘The 32-page “Ten-Year Plan” booklet contains no new policies and amounts to a summary of the opposition’s promises to date, while the ALP’s final election costings are still weeks away, leaving it open to further government attacks over their economic program and a so-called funding “black hole”.

‘Treasurer Scott Morrison will return fire with new modelling prepared by Independent Economics’ Chris Murphy to claim that keeping the company tax rate at 30 per cent will act as a drag on economic growth and hurt consumers.’

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