Australia's conservative opposition on Wednesday promised that if the win September elections, he said the move would boost business confidence and help support weak economic growth, cut the country's corporate tax rate of 30%.
Said conservatives in the polls leading center work and $ 1.5 trillion of economic management election race, which will cut 1.5 percentage points off tax to help pay for the cost of about $ 3,000 for a new paid parental leave scheme country's largest companies.
"It gives business certainty, that stability, they cried out, which means that they will have the confidence to create jobs, promote economic growth, trying to have a go," Opposition Treasury spokesman Joe Hockey told local television.
Labor government this month shaved economic growth and income projections, September 7 before the vote, accusing the end of the Chinese fuel mining boom.
Economic growth is expected to slow to 2.5 percent this fiscal year, down from a previous forecast of 2.75 percent, more than four years, a turnover of $ 33 billion, while revenue forecasts by $ 970 million U.S. dollars, including a slump, corporate tax receipts .
Conservative tax pledge campaign could become one of the largest commitments, will cost $ 0.5 billion budget over the next four years, $ 250 million U.S. dollars, a year later, according to local newspapers.
Reductions will be July 1, 2015 into effect, coinciding with the introduction of the Conservatives plan to impose the country's largest enterprises, and cost about $ 4.3 billion a year of parental leave plan.
Sitting Australian corporate tax rate is 30 percent, about 6 percentage points higher than the average level of the most developed economic and business groups have urged the reduction, to help improve the international competitiveness and investment.
Former Prime Minister Kevin Rudd's Labor Party, followed by a 48 to 52 percent, in the latest opinion polls, taking the company back to the promised tax cuts after the controversial mining profits tax is unable to raise sufficient revenue to finance measures.
 



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