The simple fix to make high-earning investors pay $240m more tax

• COMMENT

High earners are negatively gearing their way out of the Medicare levy.

Cut the company tax rate, says Treasury boss John Fraser

Treasury boss John Fraser has implored Parliament to consider cutting the company tax rate, saying it would be "critical" to respond to international competition.

Company tax cut payoff will 'take years'

The Turnbull Government proposed company tax cut would cut national income for years before it boosted it and would never be self-funding, a new analysis from the Grattan Institute has found.

All high earners to pay Medicare levy surcharge under budget proposal

All high income Australians would pay the 1 to 1.5 per cent Medicare Levy Surcharge under a budget proposal that would raise a breathtaking $4 billion per year, more than 6 times the net amount saved in the first Turnbull budget.

Reserve Bank chief Lowe overrules his staff on rate cuts

Reserve Bank governor Philip Lowe has no plans to cut interest rates, and worries that he did he would make an already indebted nation "more fragile".

'Focus on other things': RBA chief all but rules out interest rate cuts

Reserve Bank Governor Philip Lowe has dashed hopes of a further cut in interest rates, pleading for people to "focus on other things other than quarter of a per cent moves in the cash rate".

No zealot about cutting company tax, Ken Henry despairs about Australia's politicians

• ANALYSIS

Former Treasury chief and National Australia Bank chairman Ken Henry is far from a zealot on cutting company tax rates.

Cut the company tax rate and push up the GST, says Henry

Former treasury boss Ken Henry has backed the government's 10-year plan to cut the company tax rate, saying it should be done even sooner.

Business investment looks set to fall fifth consecutive year

Plans for mining investment are down 20 per cent and plans for manufacturing investment are down 1.2 per cent.