FED: Independent body should change tax rates: BCA

From: AAP General News (Australia) | Date: October 25, 1999 | Copyright information

AAP General News (Australia)
10-25-1999
FED: Independent body should change tax rates: BCA

CANBERRA, Oct 25 AAP - An independent authority should have the power to adjust tax
rates, just as the Reserve Bank shifted interest rates, the Business Council of Australia
(BCA) said today.

The BCA was launching its discussion paper, Avoiding boom/bust: Macroeconomic reform
for a globalised economy, which said the independence of the Reserve Bank made it well
suited to oversee fiscal policy.

BCA new directions taskforce chairman and Boral managing director Tony Berg said the
body assigned to ...

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