Australia to preach low taxes at G20

Tony Abbott has refused to comment on any plans to spy on world leaders when Australia hosts the G20, while confirming Australia will chair the group with a low-tax agenda.

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(Stefan Armbruster SBS)

Tony Abbott has denied Australia is out of step with other world leaders by preaching a low tax agenda as Australia begins its chairing of the G20 forum.
'I'm proposing to put our point of view forward' Mr Abbott told reporters on Sunday.

Ttax increases are on the agenda in some developed countries, particularly in Europe, struggling with the ongoing effects of the global financial crisis. 

'I won't be talking but will be demonstrating...In the end what each country does is a matter for it', Mr Abbott said.

'Our experience here in Australia is getting taxes down...is the best way forward.'

Mr Abbott says Australia's 2014 chairmanship will structure the global leaders' discussion around the themes of boosting economic and employment growth, and making the global economy more resilient to deal with future shocks.

Chairing the G20 gives Australia the key role in setting the agenda for the summit, held in Brisbane next November.

The group is the top global forum for examining the world's economic and financial challenges -member countries represent 85 per cent of world GDP and 80 per cent of global trade.

NO COMMENT ON SPYING PLANS

When asked by SBS reporter Stefan Armbruster whether Australia was planning on spying on world leaders as the UK government allegedly did in 2009, Mr Abbott said he would 'refuse to comment on intelligence issues.'

'I won't be saying a anything in private that I won't be saying in public', he added.
Mr Abbott was flanked by Queensland Premier Campbell Newman.
'We're very excited about the G20 coming to this city', Mr Newman said, adding it would 'showcase' Queensland to the globe and promote it in terms of investment and promotion of growth.

Mr Newman admitted there would be some inconvenience but it would be worthwhile.

The cost to the Commonwealth for hosting the G20 would be in the order of $400m, Mr Abbott said.


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