Reducing the company tax rate to 25 per cent

The building and construction sector is one of the most intensely taxed in Australia, and bears a direct and indirect tax burden from all levels of government — Federal, State and Territory and local.  This high and onerous tax burden distorts investment decisions, discourages entrepreneurship and innovation, reduces business investment and employment opportunities, and diverts scarce resources into unproductive and unnecessarily costly tax compliance within a key sector of the Australian economy.  These impacts, in turn, reduce housing affordability, increase housing stress and add to the fiscal burden on governments for housing assistance.  

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