A survey of the major economists by a leading media house in the country has provided an opinion that tax-reforms remains an effective policy measure to uplift lagging economic growth, especially tax-cuts in the corporate and personal income.
- A lower corporate tax rate is likely to help boost fixed capital investments.
- Some said that corporate tax rate should come down to 20 per cent.
- GST might need new reforms in the new decade.
- Australia is among the highest tax collectors in the world, said OECD in December.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.