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RBA Governor right about need for tax reform, but that doesn't mean tax cuts: Greens

The Australian Greens have joined RBA Governor Dr Lowe’s calls for tax reform, with Australian Greens Leader, Adam Bandt, saying that means removing unjustifiable tax breaks for polluters, shifting tax concessions towards research, development and innovation and boosting public sector investment.

In responding to Dr Lowe’s speech, Greens Leader Adam Bandt MP warned the Liberal Party against using it as an opportunity to further give tax breaks to their corporate backers, saying everyday Australians should be the chief beneficiaries of any reforms.

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