Media Releases
Published on 14th February 2018

Today’s reporting by the ABC on company tax is an oversimplified analysis of an issue that has
already received wide coverage.

It has been very well publicised that Qantas has not paid company tax because of equally well
publicised financial losses. Once our profits exceed those losses, we’ll start paying company tax

The notion that Qantas shouldn’t argue in favour of company tax cuts because of its financial losses
and resulting tax status is nonsense. And it ignores the benefit to the broader economy that lower
tax rates will bring.

As a company responsible for almost 1 per cent of Australia’s GDP, our ability to keep growing jobs and investing in our people depends on the health of the Australian economy – and competitive tax rates are key.

Some facts:

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