‘It’s not needed’: Business sector rejects Labor’s proposal of a new cash flow tax
Автор: Sky News Australia
Загружено: 2025-09-09
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Council of Small Business Organisations Australia Chair Matthew Addison discusses the business sector coming up against the Albanese government by urging Labor to rule out a new cash flow tax.
The Albanese government has been involved with the Productivity Commission’s recommendation of an increase in cash flow taxes for companies with a turnover of more than $1 billion.
“The invention of a new concept of tax for Australia is just not needed,” Mr Addison told Sky News host Sharri Markson.
“They’re talking about creating a new regime, a new set of taxes, something that, from a small business point of view and large business point of view, you would have to understand the new definitions.
“The cash flow and its idea is to somehow incentivise investment of capital.”
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