For interest....Australia has second highest corporate tax rate...

For interest....
Australia has second highest corporate tax rate in the world and economists know this is a bad thing for the people as it makes us poorer and uncompetitive.

" Australian businesses face the second-highest corporate tax rate in the developed world, a new report shows, prompting economists to warn that the uncompetitive tax system is stifling investment and making workers poorer."
https://www.copyright link/policy/economy/australia-has-world-s-second-highest-company-tax-rate-oecd-20240712-p5jt3d