The Productivity Commission hopes to unleash Australia’s “animal spirits” with its proposals aimed at helping business regain confidence, vigour and a willingness to take risks, according to the first of its five interim reports that will guide the government’s economic reform roundtable this month.
The paper, which responds to Treasurer Jim Chalmers’ first pillar of creating a more dynamic and resilient economy, focuses on restructuring the company tax regime to sharpen incentives for productive investment, innovation and competition.
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