Philip Lowe takes over at the Reserve Bank. Illustration: David Rowe. May 6 2016

RBA's Lowe backs company tax cuts

RBA governor Philip Lowe says Australia has little choice but to cut corporate taxes to stay competitive in a world of falling rates.

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Corporate Tax Association executive director Michelle de Niese.

Tax hit to foreign investors

Australia has hit a "historic low" with its politically-motivated tax that will repel foreign investors: Corporate Tax Association.