Business concerned on Oz Budget

The Australian government’s refusal to cut the company tax rate from 30% to 29%, in line with earlier promises, was a surprise in a 2012-2013 budget widely considered to be unfriendly to business.

Back in black: Australian Treasurer Wayne Swan has claimed a Budget surplus, but businesses are not so confident.
Back in black: Australian Treasurer Wayne Swan has claimed a Budget surplus, but businesses are not so confident.
Published 9 May 2012, 05:49Updated 11 October 2016, 08:26
Asia & Oceania