Malcolm Turnbull interview: Trump can boost case for business tax cuts in Australia

Latest News | Dec 22, 2016

Malcolm Turnbull will press on in 2017 with his plan to cut taxes for big business despite Senate opposition, and says the government hopes Donald Trump will boost its economic case by cutting the US corporate tax rate.

In an interview marking the end of the 2016 political year in which the Coalition was returned to office after the federal election with a slender one-seat majority, the prime minister said his government was undeterred by Senate opposition to its proposed business tax cut – the centrepiece of its “jobs and growth” election pitch.

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