Scott Morrison

Wage boosts for employees up to businesses: Scott Morrison

Scott Morrison says it will be up to small and medium sized businesses to decide whether to pass fast-tracked company tax cuts onto their employees as wage increases.

The Morrison government will bring forward tax cuts for businesses with turnover of less than $50 million from 2026-27 to 2021-22, bringing the rate down to 25 per cent five years earlier than originally planned.

Read the full article at The Australian.

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