Morrison says May budget could raise taxes to protect AAA, if it must

By James Massola
Updated February 16 2017 - 5:18pm, first published 8:10am
Prime Minister Malcolm Turnbull and Treasurer Scott Morrison during question time. Photo: Andrew Meares
Prime Minister Malcolm Turnbull and Treasurer Scott Morrison during question time. Photo: Andrew Meares
Treasurer Scott Morrison says the government will accept a negotiated outcome with the Senate crossbench. Photo: Andrew Meares
Treasurer Scott Morrison says the government will accept a negotiated outcome with the Senate crossbench. Photo: Andrew Meares

Treasurer Scott Morrison has linked potential tax rises to protecting Australia's AAA credit rating, while also signalling the government is preparing for the Senate crossbench to water down its $50 billion company tax cut plan.Mr Morrison has indicated that while the government still wants the Senate to pass its proposed 10-year, $50 billion company tax cut in full, it will accept a negotiated outcome with the Senate crossbench.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest Ballarat news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.