House debates Bills

Competition and Consumer Amendment (Country of Origin) Bill 2016; Second Reading

Monday, 28 November 2016 House of Representatives

Craig Kelly

Craig Kelly Hughes, Liberal Party

12:51 pm

Correct, as the member for Hume notes. If we have to have our tax rates competitive, what about our company rate of tax? How much longer can our nation continue with a rate of company tax that is internationally uncompetitive? Our rate of corporate tax at the moment is 30 per cent, in the UK it is 20, in Canada it is 26½, in Singapore it is 17 and in Hong Kong it is 15.

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