The Business Council of Australia (BCA) is proposing to reduce the corporate tax rate from 30% to 25%.
To make up for lost revenue, company tax revenue would be replaced by increasing and expanding the GST so all Australians would pay more for our basic essentials such as food, education and health care.
The Grattan Institute estimates this would add another $3000 a year to average household costs.
They're also proposing to slash penalty rates and reduce the minimum wage for workers, meaning you would have less money in your pocket to pay bills and feed your family. This is to create more "prosperity" for Australia, and create a future surplus.
They would increase immigration too.
It's pure Ponzi economics, a way of getting working Australians to participate in the scheme so that more of their hard-earned saving and wages drift into corporate hands - those at its peak!
Only dodgy and questionable organisations rely on population growth for their revenues. It's about accumulating consumers, as business resources, to boost business profits and opportunities. There's no guarantee of jobs for the migrants they would like to import.
And homebuyers would be invited to pay even more, by introducing a new land tax on home owner-occupiers.
Mitigating an ageing population by adding would mean a further ageing deficit for the next generation. It's Ponzi demographics and is intellectually dishonest.
Financial and corporations, and collectives such as this business "council", make demands and create reports that suit their vested interests.
Over-density of koalas - causing their own demise!
Thousands of koalas have taken refuge in the vast timber plantations that have emerged across the region, which are increasingly maturing for harvest. In plantations that are used for wood pulp, hundreds of koalas are being killed and suffering from horrific injuries and left to slowly die. A plantation harvesting operation is so mechanised and cost-efficient, it has no time to look for and avoid koalas in trees.
According to the Victorian government's Department of Environment and Primary Industries, "there are significant numbers of koalas across suitable habitat in the South west. The high population densities have resulted in many koalas moving into the blue gum plantations in the region. This is a significant issue for the timber plantation industry that they haven'??t had to address in such magnitude before".
In other words, the koalas are being shredded in Blue Gum plantations because of their own population growth. It's their own fault for over-breeding!
"DEPI is working with the Blue Gum Plantation industry in the south west to make sure it responds humanely and effectively to the influx of koalas onto its plantation estate". It's more like stress on their habitats, fragmentation and lack of it that they are going into the plantations, only to suffer callous carnage during logging.
There are a lot of motherhood statements about caring, and guidelines, and policies for koala management.
"DEPI, in partnership with Wildlife Carers, is developing a training program for operational forestry field staff focusing on koala awareness, signs of distress and handling techniques for those operating in koala environments. This new training will begin in August".
The Victorian government should buy the plantations, at any costs, to save our wildlife. Why would foreign plantation owners care about koalas, any more than palm-oil plantation owners care about orangatans or other native animals.