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Sustainable tax conditions only way forward: OECD

The Australian economy had been on a 28-year winning streak of uninterrupted growth before the pandemic. However, despite a return to lockdowns, the OECD has predicted that winning ways can return should the Morrison government create suitable tax conditions.

Sustainable tax conditions only way forward: OECD
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Sustainable tax conditions only way forward: OECD

Despite an inevitable contraction of the Australian economy in the third quarter of the calendar year, the Organisation for Economic Co-operation and Development (OCED) has forecast growth of over 3 per cent for both 2021 and 2022, on the back of a strong economic rebound.

Read more at Nestegg.

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