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.


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.


Share
Follow SBS Korean

Download our apps
SBS Audio
SBS On Demand

Listen to our podcasts
Independent news and stories connecting you to life in Australia and Korean-speaking Australians.
Ease into the English language and Australian culture. We make learning English convenient, fun and practical.
Get the latest with our exclusive in-language podcasts on your favourite podcast apps.

Watch on SBS
Korean News

Korean News

Watch it onDemand