29 March 2017
Tax justice advocates have intensified their lobbying efforts with key Senate cross-benchers before the release of recommendations overhauling the petroleum resource rent tax (PRRT) to boost revenue collections for the government.
The lobbying comes as debate is scheduled to resume on the Turnbull government’s company tax cuts in the Senate on Wednesday.
In the lead-up to that debate the Business Council of Australia has taken out prominent advertisements in Australia’s tabloid newspapers urging all senators to pass the tax cut package in its entirety.
Members of the Tax Justice Network, who have been warning that Australia is set to blow another resources boom because the PRRT is failing to collect adequate revenue, have been lobbying senators in Canberra this week.