1. Australia's Economic Objectives - 2016-2017
The first measure is direct Government spending, with a major focus on investment in infrastructure. ... A more effective measure in the Ten Year Tax Plan is the reduction of company tax for small businesses, from 28.5% to 27.5%. ... As the Government plans to decrease expenditure over the years, it needs to take measures now, to ensure employment and economic growth can remain stable. ... These measures, combined with the estimated $2.9b from the superannuation tax changes, can have a major impact on public debt. ...
- Word Count: 1386
- Approx Pages: 6
- Grade Level: Undergraduate