Via Domain:
The federal budget has had a $2.3 billion hole punched in it by lower-than-expected company tax collections and Australians eager to get their hands on the first stage of the Morrison government’s personal income tax package.
Figures from the Finance Department covering the first two months of the 2019-20 financial year show company tax – which had been predicted to deliver $100.6 billion to Canberra’s coffers – down $2.1 billion on expectations.
