Doorstop Interview - Michaelia Cash - Australian Jobs 2018 report
Canberra, Australia, 2 May 2018: Minister for Jobs and Innovation, Michaelia Cash, at Merici College in Canberra to launch the Australian Jobs 2018 report. Minister Cash said, "Well again, as I previously said, in our DNA, as a Coalition Government, we focus on, in the first instance, giving Australians back the money that belongs to them. So very much what we can do for your personal income tax cut we will do, and in terms of business, we understand that when you lower the company tax rate for business, it does enable them to reinvest back into them.
In terms of what is currently going on with the banks, the Coalition has progressively put in place policies, and in particular, I think 1 July 2018 the Banking Executive Accountability Regime will commence, which gives far more powers to the regulator – in particular, to fine banks. What we are seeing at the moment is appalling. I don’t think anybody in government is standing there and saying otherwise, but you are conflating two issues that are quite separate." (Photo by Rob Keating)