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cancelled, due to lack of interest...
Treasury officials will not be interrogated about the Abbott government's much-anticipated second budget this year by Australia's chief economists.
The Australian Business Economists' annual post-budget lunch, at which the Treasury secretary traditionally delivers a presentation on the budget and the economic outlook for Australia, has been cancelled.
New Treasury secretary John Fraser – who was appointed by the Abbott government to replace Dr Martin Parkinson in January – broke a 20-year tradition last month by declining an invitation to speak at the traditional post-budget lunch.
He chose instead to speak at an unscripted Q&A-style event with John Daley from the Grattan Institute this Friday evening, with no set speech, and with no official transcript of the evening.
Nigel Ray, the executive director of Treasury's fiscal group, was sent in Mr Fraser's place to speak at the ABE post-budget lunch, which was to be held next Tuesday.
But that event has now been cancelled, due to lack of interest.
- By Gus Leonisky at 11 May 2015 - 5:36pm
- Gus Leonisky's blog
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awaiting....
It would be an argument worth debating, if not for the outrage unearthed by the Senate in recent weeks. Our biggest corporations have been exposed funnelling $100 billion a year through low tax Singapore.
After years of denouncing the tax system, it appears corporate Australia has spent a king's ransom and employed battalions of bean counters to game the system, to secretly avoid paying the taxes they complain of.
The Business Council, and all the other peak business lobby groups, have been strangely silent on the topic.
On budget night, however, they will be out in force, again denouncing the Government if it hands out a corporate tax cut to small businesses; the ones who can't afford to secretly shuffle earnings through tax havens and hence subsidise big corporations like BHP Billiton and Rio Tinto.
If you extended the Macquarie definition of reform to Australian tax policy, major corporations who have been misleading the government and taxpayers should be brought to account.
read more: http://www.abc.net.au/news/2015-05-11/verrender-budget-2015-see-through-the-smoke-screens-joe/6459124