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Billionaire blasts tax cut point scoring

Solomon Lew talks to Scott Morrison over lunch

Solomon Lew wants the federal parliament to get on with passing the government's tax package. (AAP) Source: AAP

Retail billionaire Solomon Lew is urging Australia's federal politicians to pass the government's full tax package quickly when parliament resumes.


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By Jin Sun Lane

Presented by Jin Sun Lane

Source: SBS




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Retail billionaire Solomon Lew is urging Australia's federal politicians to pass the government's full tax package quickly when parliament resumes.


One of Australia's richest men says businesses are extraordinarily frustrated that the federal government's promised tax cuts have become an object of political jousting between the coalition and Labor.

Retail billionaire Solomon Lew is instead urging politicians of all persuasions to urgently legislate the $158 billion tax package when parliament resumes in the first week of July.

The tax relief is needed to boost confidence among everyday people and businesses, the chair of Premier Investments - Myer's biggest shareholder - argues.

Read the full article here.


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