Prime minister says he is not going to unpick’ figures in the 10-year diagram,which is the centrepiece of his budgetMalcolm Turnbull has repeatedly refused to reveal Treasury costings for the centrepiece of his budget – the 10-year diagram to reduce company tax to 25% – saying the figures were included in the general budget forecasts but he was not going to “unpick” them.
Parliamentary budget office costings have suggested the company tax cuts would cost between $50bn and $60bn over the decade, and leading economist Chris Richardson has place the cost at around $55bn.
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Source: theguardian.com