In The Conversation (17.8.16), Saul Eslake discusses Malcolm Turnbull’s first major economic address since the July federal election, commenting that it was the kind of speech one might have expected from a leader who had won with a comfortable margin.
‘Turnbull signalled an undiminished determination to enact the ten-year program of reducations in the company tax rate, which was the centrepiece of the Coalition’s plan for “jobs and growth”. …
‘ … Treasury’s own modelling of the government’s proposals, released shortly after the most recent budget, suggests that the ultimate impact on economic activity and national income will be almost imperceptibly small.’